Thursday, April 20, 2006

Quick Wrap

Sorry for the lack of posts today, I have been in and out of meeting all day.

The market was pretty solid again today. Commodity-related stocks, which have been on a real tear lately, got sold hard. It's too early to say if this is the start of the long awaited commodity correction, but it a warning signal if nothing else.

Bond yields finished slightly higher at 5.04%, and oil finished slightly lower at $71.95.

After the close, Google (Nasdaq:GOOG) blew away the numbers and the stock is up and additional $30 after hours. Broadcom (Nasdaq:BRCM) reported in-line to slightly BTE results, but raised Q2 guidance which pulled its stock up. F5 (Nasdaq:FFIV) was the disappointment, reported weak results, and the stock is down $10 in late trading.

long GOOG


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