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Wall Street Breakfast: Must-Know News [View article]
seekingalpha.com/searc...
Wall Street Breakfast: Must-Know News [View article]
Given the size of IBM, this probably indicates that the tech sector is less strong than the recent results from INTC and ORCL suggested. Given the weakness in the stocks of other tech leaders (eg. GOOG), it makes me more cautious about tech overall.
Note also that IBM will have a meaningful impact on the Dow today: seekingalpha.com/news/...