Tuesday, October 13, 2009

10.13.09 - Earnings Volatility


Markets are mixed at the mid-day with relative optimism in the NASDAQ100 headed into the Intel report.  While volatility has certainly picked up, it still looks like the range has been set for the day, though maybe we push that SPY pivot (say $107.65) one more time before session's end.

Update:  INTC beats after the close on both ends for an intersession breakout.  We'll start to see what the banks have to say in the morning.

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