Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, October 11, 2005

Tuesday Report

Strange goings on... Breaking news is that AMD (Intel's rival) reported a 73% increase in earnings. Wow! It seems the microprocessor business is booming. Alcoa (a big industrial) and Genentech (a biotech) both posted good news. Still, the market didn't respond well. The Dow ended the day up slightly, but NASDAQ took a beating, down almost 1%. The after market news from AMD should help their case tomorrow. Check out the headlines at www.wsj.com. Dow +14.41 NASDAQ -17.83 S&P 500 -2.46