Up, Up And Away

Thursday, July 23, 2009


The Nasdaq made it 12 in a row today gaining 47 points to close just 27 points under 2,000. The Nasdaq is now up 25% year-to-date largely on the back of Apple's tremendous 85% gain.

Yet, Microsoft may spoil the party having announced earnings at 4:10 PM today that disappointed the Street. MSFT matched earnings estimates but shares dropped hard now trading down over 5% post-announcement.


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