Stock Market Trends: Intel Outperforming
The market is getting killed today, but a bright spot amidst the turmoil is Intel (INTC) which is up about 4% on twice its normal volume. This is mostly after a Citigroup analyst came out with bullish comments about orders of its Atom chip. Even AMD, Intel’s incompetent rival is gaining some ground in this bad tape. The NASDAQ was green for a large portion of the day and is still dramatically outperforming the other indices despite being down. This could be seen as a bullish divergence.
Tags: analysts' expectations, beating earnings, cal options, call, current stock market trends, earnings, earnings announcements, missing earnings, option, put, put options, Stock Market Trends, stock market trends, trade on earnings, Trading Earnings, upside surprise, wall streets expectations
