Tuesday, January 29, 2008

YHOO Earnings tonight GDP Tomorrow

So all traders who are holding BIDU, GOOG be aware. I have a feeling YHOO will trade up tonight after earnings, but if it drops for any reason, watch the announcement. If they announce any type of apparent slowdown in internet usage due to the "economy", the internet sector could get rocked. I'm sure today's selling in GOOG and BIDU are reflecting some risk reduction ahead of YHOO's earnings.

Also GDP is tomorrow - 8:30 am ET sharp.

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