Intraday Market Thoughts

Archived IMT (2010.07.12)

by Ashraf Laidi
Jul 12, 2010 11:11

THIS WEEK's US Q2 EARNINGS EXPECTATIONS:

MONDAY: Alcoa $0.14 from -$0.26, CSX $0.95 from $0.72

TUESDAY: Intel $0.43 from -$0.07

THURSDAY: AMD $0.07 from -$0.49, Google $6.55 from $5.36, JPM Q2 $0/73 from $0.28

FRIDAY: BoA $0.21 from $0.33, Citigroup $0.05 from $0.49, GE $0.27 from $0.26.

***AUDCAD risks extending decliens towards 0.89 not necessarily due to struggling equities but particularly improving sentiment in CAD following Friday's stellar job report ***

 
 

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