Tuesday, April 13, 2010
TECH & FINANCIAL SECTORS (RIMM & JPM)
Intel Corp. said Tuesday its net income in the first quarter nearly quadrupled over last year and reflected an overall bump in spending on technology by companies. Up in after-hours trading, the news should rally technology Wednesday. One such tech company that was up nicely on Tuesday, Research in Motion (RIMM) has rallied since Itz suggested on April 5th to 'Buy-the-Fade'. >>LINK
Bottom line technology & financial sectors need to deliver to extend this rally higher.