The market is tumbling in the afternoon after some bad news from several fronts. Bad news include the following: missed margin by Intel (INTC), bad earning from (YHOO), subprime loans are getting worse than expected from (BSC), small growing economy, and higher than expected CPI. These news just provide the catalyst for the bears after the DOW kept making new highes, as well as Nasdaq and S&P 500. I believe one bad day does not make the bear market. We have to see how the market behaves in the coming days and decide what action to take. In the meantime, do not panic and do something irrational.
Watch the following stocks to move in the after hours with their earning reports:
(SWKS), (ICUI), (JNPR), (CAVM), (CTXS), (EBAY), (IBM), (ISIL)
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