Intel asks, “What News Vacuum?”

Intel raises revenue guidance for the Q.

So much for the quiet news day; Usually, it takes a little longer to prove me wrong. What was that, sumpthin like an hour and twenty minutes? Cheesh

What's been said:

Discussions found on the web:
  1. Yasser commented on Aug 23

    INTC gaps up… and then runs out of steam, closing near the low of the day. If you ask me, that’s a tell-tale sign of excess supply.

  2. Barry Ritholtz commented on Aug 23

    Agreed — any strong open on good news, and then a reversal to close at the lows of the day signals an impending sell off/consolidation.

Read this next.

Posted Under