On the other hand the US GDP for the first quarter has just been declared and at 1.3% it's .5% below the expectations - the futures temporarily reacted negatively but the open is going to be hard to read for me - it's going to be Microsoft against the GDP result - but for me, I am staying out of the market and will not open any CFD positions till things get much clearer -- having said that a correction will soon be around the corner - we shall see...
Showing posts with label Microsoft. Show all posts
Showing posts with label Microsoft. Show all posts
Friday, 27 April 2007
MSFT vs GDP
MSFT announced great results for the quarter yesterday after the close - its EPS was better by 4c than what was estimated (46c) - and its shares naturally have been marked up pre-market and it has received the usual euphoric reactions from the Investment Houses by having been upgraded to something like $36.
On the other hand the US GDP for the first quarter has just been declared and at 1.3% it's .5% below the expectations - the futures temporarily reacted negatively but the open is going to be hard to read for me - it's going to be Microsoft against the GDP result - but for me, I am staying out of the market and will not open any CFD positions till things get much clearer -- having said that a correction will soon be around the corner - we shall see...
On the other hand the US GDP for the first quarter has just been declared and at 1.3% it's .5% below the expectations - the futures temporarily reacted negatively but the open is going to be hard to read for me - it's going to be Microsoft against the GDP result - but for me, I am staying out of the market and will not open any CFD positions till things get much clearer -- having said that a correction will soon be around the corner - we shall see...
Subscribe to:
Posts (Atom)
LinkWithin
