The sentiment surveys seemed to have missed the cheerleaders coming on CNBC. All I see on CNBC are a bunch of analysts expecting good earnings and higher stock prices. Do they not invite bears on TV anymore?
Anyway, I am looking forward to the INTC earnings, it should bring out some much needed emotion to this market.
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Intel beat earnings, 51 versus 43. YUM beat earnings, 58 versus 54, but it sold off after-hours. We should gap up tomorrow.
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