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Chips Warning to the World

MRKT Matrix

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The NASDAQ Futures and the NASDAQ 100 Futures

Intel had that kind of big gap up on its earnings it filled in the whole gap in the next couple of days here and it's sitting just above it. Warren Buffett talked about Apple and saying that you know they're very comfortable with their Apple position so if you somehow see that Berkshire Hathaway added to their Apple position in a meaningful way, that will take Apple higher. Maybe there's some Hopium in terms of what we've seen with Microsoft and maybe Apple is probably one or two turns too expensive this environment.

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