Intel Corporation (INTC, quote) has been in downward spiral for the past 6 months as traders leave the chip maker on concerns of a landscape shift away from the desktop to tablets and other mobile devices. To see just how of impact the mobile landscape is look no further than the giant stodgy software maker Microsoft (MSFT, quote) as they ready their release of Windows 8 which attempts to branch
Welcome to today’s Morning Coffee Break – traders had a case of Deja vu yesterday as the U.S. markets traded similar to last week ahead of the European Central Bank (ECB) and U.S Federal Reserve meetings. U.S. futures are indicating a positive opening today with the Dow Jones fair value of 30.36, S&P 500 fair value of 2.33 and the NASDAQ’s fair value currently at 5.37.
Well this week kicks off earnings season right in the middle of the euro zone storm and ahead Wednesday’s FOMC statement.
April 30, 2012 first day of the trading week is starting out in the pre-market very active.
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