UK Stockmarket 2009 and beyond

StevieJ

tradetime wrote: »

Intel reports today, after the US close.....can I borrow your time machine?

As I said , I only caught the back end, it must have been some other company it was you who said that Intel report after the bell that is why I made that assumption that you meant yesterday

Intel after the bell, for a bit of tech flavour.

conorthomas

kittie wrote: »

I like helpful, thinking teenagers. Good on you conorthomas

Thank you very much

tradetime

StevieJ wrote: »

it was you who said that Intel report after the bell that is why I made that assumption that you meant yesterday

Intel after the bell, for a bit of tech flavour.

Sorry my bad, it does read that way I agree.

tradetime

With so much talk about Goldman, one does have to wonder if it'll be a sell the news, or do we just head for the moon?

tradetime

Intel has positive results after the bell, looks like it's off to the races for tomorrow

sabretoothtigger

tradetime wrote: »

With so much talk about Goldman, one does have to wonder if it'll be a sell the news, or do we just head for the moon?

Ended even, imo that makes it sell the news type of result but really who knows a month from now what it'll be. 183 makes me laugh but cant deny they had amazing earnings, where'd all the bad debt go


Intel could be the same thing but on the other hand I'd be happy enough to hold them underwater 5 years if need be (their divi is great by usa standards it looks like) and Ive watched the charts 3 years now for Intel, its top of my watchlist and 16 or 17 dollars is cheap enough to still buy I reckon.

Which of the two is more independent of american government created dangers in the long term, intel is a worldwide unique brand and gs are clever folk but seem more replacable to me should they be put at a competitive disadvantage in some way (much the oppisite to what they have now it seems)

intel wrote:

Chipmaker Intel's sales fell $1.4bn to $8.02bn, from $9.47bn in the second quarter of 2008, ahead of analyst forecasts and $879m better than the first quarter.

"Intel's second-quarter results reflect improving conditions in the PC market segment with our strongest first- to second-quarter growth since 1988 and a clear expectation for a seasonally stronger second half," said Paul Otellini, Intel president and CEO.

Net income came in at $1bn, or 18c per share, for the three months ended June 30, compared with net income of $1.6bn, or 28c per share last year. The company forecast sales to reach $8.5bn in the third quarter, depending on economic conditions.

tradetime

It is often said that GS are a department of the government As to bad debt, whilst GS did have some writedowns from stuff they had purchased, they escaped the vast majority of it, also not being in the same business as BOA and Citi, and JP Morgan they do not generate their own bad debts in the form of bad mortgages, loans or credit cards. They have always (almost always) delivered upside earnings surprises, I think last count was something like 15 of the last 17 quarters. They are just a money generating trading machine.

tradetime

Recession is over, :beer: it's all sunny skies, Goldman set to pay record bonuses, let's party! Somehow I have difficulty injecting sincerity into that, let's see how the rest of earnings season goes, but certainly the earnings bar seems to have been lowered sufficiently for everybody to look good. If DAX can break above the channel we could test the right shoulder of the H&S as early as today around 4890 - 4925 FTSE should be perky led by Financials and Commodities.

sabretoothtigger

Yea Its amazing how quick the sun comes out, I thought they'd be a bounce at some point but this is pretty quick. No clouds on the horizon is there

tonygee_3

SOLD AQP BRE &NFDS
should be picked up cheaper again soon