The Wall St indexes are doing well but we can't see them doing much better while Intel continues to slump. And the spin masters on Wall Street know this.
It might therefore be a good idea to start accumulating Intel on some further weakness, say $17-$19 because we wouldn't be surprised if a hyper bullish 'upgrade' is soon announced. This will then set the tone for a rally back to the mid $20s and a further upside for the general stockmarket. Also, don't rule out the old 'domino upgrade' trick which is even more effective. Basically one broker upgrades, followed by another broker upgrade the next day, then another, and another etc.
This is how Wall Street works. It's not about effective analysis, rather effective marketing.
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