每日市场点评 - Oct 18, 2007

The market looks to be closed pretty much flat for this Thursday. Tech again performs stronger than the rest of the market. The disappointing results from BAC shouldn\'t be surprising given the credit turmoil during the past few months. On the other hand, any company that has major business overseas is doing really well, reflecting strong economic performance worldwide. Oil price again closed at record high and now is approaching $90. Although there is no obvious evidence that higher oil prices have spreaded to the rest of the economy, I believe the Fed won\'t be feeling comfortable with $90 oil price. Tomorrow is the option expiry date and there shouldn\'t be too much volatility in the market. As Google is expected to report results in a few minutes and usually it doesn\'t provide any guidance, how the market will react to it will be worth paying attention to.