Morning Coffee Break – Tuesday April 2 April what is thought of being a strong month historically began the month and second quarter at a slow snail pace. The Dow and the bulls have look to April as the best month of the year as far back as 1950 with an average 2.7% gain for the month.
Welcomes to today’s Morning Coffee Break – U.S. markets are coming of the largest single day gains since early September. Depending on which analysts have the airways the move was due to an extreme oversold condition while others point to the growing confidence in a deal to avoid the fiscal cliff.
Intel Corporation (INTC, quote) has been in downward spiral for the past 6 months as traders leave the chip maker on concerns of a landscape shift away from the desktop to tablets and other mobile devices. To see just how of impact the mobile landscape is look no further than the giant stodgy software maker Microsoft (MSFT, quote) as they ready their release of Windows 8 which attempts to branch
Welcome to Thursday’s Morning Coffee Break – market participants will need to navigate several market directional influences today. The S&P 500 index has gains for 3 straight sessions with today’s futures suggesting a positive open once again.
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