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Stocks On Shaky Ground Following Earnings

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April 18, 2012 – Comments (0) | RELATED TICKERS: IBM , INTC , SPY

The markets opened lower after earnings reports from International Business Machines Corp. (NYSE:IBM) and Intel Corporation (NASDAQ:INTC). Both reports were slightly shy of Wall Streets expectations. As those stocks dropped, so did the markets. While down, the markets are only hovering slightly lower with the SPDR S&P 500 ETF (NYSEARCA:SPY)  trading at $138.78, -0.31 (-0.22%). Fears from Europe have calmed in the last two days. This was the major reason for the monster rally yesterday.

Gareth Soloway
InTheMoneyStocks.com

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