1. Business confidence is bad and no-one is ordering anything. There is no economic management in Washington and so we have to wait another say eighteen months for some action there. Nothing will happen till then imho.
2. Massive shorting by all sorts including 6,000 hedge funds that have sprung up in the last three years.
Both the above can be eliminated by MSFT. If it goes north of $60 in the morning and looks set to stay then it is bound to have an effect on others. As the hedge funds go pop and with them a whole bunch of shorts then business confidence will improve.
The constant harping of gloom and doom by the shorts has its effect and it will do the country and the World a lot of good if they start going bust. If MSFT really performs over the next month then they will be broken and the country can come out into the sunshine once again and the evil stench of shorts will be gone hopefully for many years if not decades.
Their actions have caused a great deal of damage to the US.