Friday’s early action was choppy, but the tone of trade gradually improved after a barrage of headlines from Ireland and China. Tech stocks closed in mixed fashion, Google was the biggest decliner, falling 8.3% on disappointing earnings report. This week investor will get quarterly results from General Electric, Apple, IBM, Intel, Goldman Sachs and many others. Implied volatility resumed its downward trajectory with modest trading volumes.
Monday, April 18, 2011
All eyes on earnings
Friday’s early action was choppy, but the tone of trade gradually improved after a barrage of headlines from Ireland and China. Tech stocks closed in mixed fashion, Google was the biggest decliner, falling 8.3% on disappointing earnings report. This week investor will get quarterly results from General Electric, Apple, IBM, Intel, Goldman Sachs and many others. Implied volatility resumed its downward trajectory with modest trading volumes.
