RE INTC and oil prices
Last Thursday right after mid quarter update announcement, Intel presented it's 3rd buy some product, get some something free offer this quarter. In a nutshell, they are working very hard to stay at or above that lower end number of the original revenue bracket for guidance that they narrowed last week. If they miss, market reaction would not be pretty.
Oil going up because the entire Northeast is under snow blanket. In my case in NJ, average temperature is about 5 degrees colder or under 30 degrees average temperature vs a average temperature that is comfortably above freezing mark.
I am doing my part to enhance global warming and correspondingly reduce oil prices by running about 2500-3000 watts of Christmas lights powered by coal fired electric plants. I kept blowing the 20 A circuit breaker last year and gone to 2 separate electric circuits.
