Intel A Good Stock to Buy right now?

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IHAVEAQUESTION

Golden Member
Nov 30, 2005
1,057
0
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Originally posted by: Aflac
Originally posted by: IHAVEAQUESTION
Very weird. Intel stocks up 2.5% so far this morning with no apparent good news coming out. Tomorrow will be an interesting day when Fed announces the quarter point increase in interest rate. I think everything will have to be reassessed after the announcement. So if you want to make a move, wait til tomorow.

if stocks went up or down based on good news, traders would be rejoicing. bad news is, it's nowhere NEAR that predictable.

Well, not saying the stock price moves purely based on good or bad news. But you would think that some news had came out for Intel stock to move 2.5%.

 

vi edit

Elite Member
Super Moderator
Oct 28, 1999
62,468
8,331
126
Originally posted by: dullard
Originally posted by: IHAVEAQUESTION
Very weird. Intel stocks up 2.5% so far this morning with no apparent good news coming out.
Possible reason?

Yesterday was really weird. They shot up to almost $18.70 in the first few minutes of the trading session and then just freefell the rest of the day.

 

archcommus

Diamond Member
Sep 14, 2003
8,115
0
71
Did anyone catch Jim Cramer last night? He was talking about why Intel's stock WASN'T higher right now due to their growth potential but I missed it.
 

IHAVEAQUESTION

Golden Member
Nov 30, 2005
1,057
0
71
I am finally at the break-even point.
It's kinda weird to see a stock going up like that before a really important Fed announcement.

Frankly, I am more worried than happy. I am afraid that tomorrow's Fed announcement is not going to sound too optimistic.
 
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