Earnings So Far Favorable, Especially For Tech
Posted on October 26, 2009 at 18:24 PM EDT
A handful of Big Cap 20 companies have reported third-quarter results, and the majority have capitalized. In particular, technology-related names have posted surprisingly strong results, which have been rewarded with sharp stock gains. Apple (AAPL), Google (GOOG) and Amazon.com (AMZN) gapped up following their earnings announcements the past week and a half. All had already broken out of bases by the time their earnings became public. Apple's