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.
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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