LOOKING for market to have a decent close in front of csco earnings, thinking csco will come in at .03 to beat reduced consensus by a penny, with some signs that business is a "little " better, aeth looks good here , buying more in 17 area in front of earnings tonight, $21 share in cash, already reconfirmed guidance, if csco comes through tonight, techs will be hot tomorrow, on the other hand---
dont want to go there <g>
on the negative side, productivity numbers and wage increases today were not good, can indicate inflation down the road, also, we could see $2 average gasoline price for memorial day weekend which could cause some negative sentiment
also bought some tmta today at 11.40 for trade, loooks like overeaction to lockup yesterday, that one will bounce back 1 |
