Quick Comment on Intel, Earnings

I’m running around to meetings with clients today, but I thought I’d check in and opine on the first few earnings reports of the quarter…

9 months ago, on the heels of Intel’s ($INTC)Q2 2009 earnings report, I blogged “And a Chipmaker Shall Lead Us“.  My premise was that good news for Intel was good news for a host of geographic regions and different industries because of how ubiquitous their products are.  The Dow was probably somewhere in the 8000’s then.

Intel trounced expectations once again last night and, combined with a terrific report out of JPMorgan ($JPM), these numbers have provided the ammo needed for a more convincing break above Dow 11,000 than what we saw in the prior two days of trading.

Unlike a Citigroup ($C) or a Wells Fargo ($WFC), one really can’t rip into an Intel earnings report and spout off about how it’s all false and manipulated and obfuscated.  With Intel, profits is profits.

Anyway, the market seems to like the news, but the week ain’t over yet…GE ($GE), Google ($GOOG) and Bank of America ($BAC) are in the on deck circle.  It remains to be seen whether or not they can measure up to the reports we’ve seen thus far.

Carry on.

What's been said:

Discussions found on the web
  1. order THC concentrates online commented on Sep 23

    … [Trackback]

    […] Here you can find 67349 more Information to that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  2. que es el bitcoin evolution commented on Sep 29

    … [Trackback]

    […] Read More here on that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  3. bitcoin era commented on Oct 01

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  4. isofrane rubber straps commented on Oct 07

    … [Trackback]

    […] Information to that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  5. Exotic Pets for Sale commented on Oct 13

    … [Trackback]

    […] Find More Info here to that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  6. bmo services bancaire en ligne commented on Nov 29

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  7. fake rolex commented on Dec 21

    … [Trackback]

    […] Read More Information here on that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  8. CI CD Services commented on Jan 15

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  9. DevOps Strategies commented on Jan 15

    … [Trackback]

    […] Find More here to that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]

  10. lace front wigs commented on Jan 22

    … [Trackback]

    […] Info to that Topic: thereformedbroker.com/2010/04/14/quick-comment-on-intel-earnings/ […]