BG,
Intel: After the market close Tuesday, tech bellwether Intel (INTC, Fortune 500) reported second-quarter profit
and revenue that both fell from a year ago but beat Wall Street estimates.
In addition, the chipmaker said it expects to see revenue growth in the second half of the year,
aided in large part by a rally in personal computer sales.
Somewhat of a difficult day to forecast due to the number of reports during the session.
US Future and Market Indicators positive.
Going with
UP on Hump Day,
gl,
baz
Economic Reports:
Core CPI..............+0.2%
CPI...................+0.7%
Empire Manufacturing...-0.6%, slowest pace in over a year.
Capacity Utilzation 9:15am(Eastern)
Industrial Production 9:15am(Eastern)
Buiness Inventories 10:00am(Eastern)
Crude Inventories 10:30am(Eastern)
Minutues from FOMC Meeting 2:00pm(Eastern)
Some number on Derivatives: The Size of Derivatives Bubble = $190K Per Person on Planet - SiliconValleyWatcher