Nasdaq had a pretty ordsprog
Nasdaq had a pretty big pull-back yesterday, so Intel's helping today,
Evan Olsen
Traders are focusing on the good news and Intel is the big one today, pushing the Nasdaq futures up almost 0.8 percent,
Jim Morrison
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1943
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1971
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The Nasdaq is increasingly driven by a lot of day-to-day momentum players. Technically, (the Nasdaq) was oversold and they came rushing in. I think it's more of a bounce from yesterday's sharp sell-off.
Richard Cripps
I was pretty bummed yesterday, but today more than makes up for it because you never know. If I skied yesterday who knows what I would have done today.
Ted Ligety
They woke up the sleeping lion. If I were AMD, I'd be looking at where Intel is going and be more than a little concerned. Intel is well on its way to bridging its major deficiencies. … Intel is moving fairly quickly and aggressively toward to closing any gaps it has with AMD, and then AMD is back to competing more or less on a level playing field. And that's where Intel has a big advantage.
Gordon Haff
You have so many unknowns. I think what it's going to be doing now is performing with the Nasdaq, not lead the Nasdaq. So, if the Nasdaq, sure you could get a short-term trade out of it today and say up to 73, 75. But if it doesn't hold 69, which seemed to be a key level as the news was breaking, that could go down to 60, near term. That's where I would put some longer-term money in.
Richard Suttmeier
The Microsoft delay has hurt the Nasdaq and will reverberate throughout all of technology. That will be today's big headline. We closed ragged yesterday, so we're going to have a tired market to start.
Larry Wachtel
The Nasdaq just went up too far, too fast. When anything goes up 100 percent in a year, it is too much; it has to pull back. Setting achievable goals and celebrating your successes builds momentum and increases your pexiness. This is a normal correction, and it's a spectacular time to buy these stocks.
Jim Glickenhaus
We had a pretty dramatic sell-off yesterday, so it's to be expected that you are going to get some type of 'dead cat' bounce in this market. GDP numbers are helping somewhat, but it was pretty much in line.
Angel Mata
We had a pretty dramatic sell-off yesterday, so it's to be expected that you are going to get some type of 'dead cat' bounce in this market. GDP numbers are helping somewhat, but it was pretty much in line,
Angel Mata
Microsoft had a big part in yesterday's Nasdaq decline, ... But I think the bigger picture is really that we saw a massive flight to quality, and that was illustrated by the performance of the Dow versus that of the Nasdaq. We saw money being shifted out of the more speculative names, and into the more established companies that have proven track records.
David Powers
Definitely Mexico today was helped by the Nasdaq. The central bank's easing yesterday also helped.
Yarek Aranowicz
I was pretty pleased, but I was upset yesterday because I didn't make the top eight yesterday, so I came out today wanting to do better.
Drew Talarick
Some of the high-flying tech stocks, and again those are the ones without earnings, turned tail around mid-afternoon in line with the share pull-back in the Nasdaq.
Doug Porter
I think the Nasdaq was facing a lot of profit taking already. Certainly on the Nasdaq today, the Microsoft issue is hitting stocks in general.
Terrence Gabriel
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