Closing Market Report 1/20/2015

The KUIK Closing Market Report for Tuesday, January 20:
Markets were up slightly.
Direction Change Units  Last Time Change
Dow Up                       4 points           17,515 2:16 PM
S&P500 Up 0.2% percent             2,023        3.13
Nasdaq Composite Up 0.4% percent             4,655      20.46
30 Year Treasury Down                      (4) Basis Points               2.40 Annual Yield
IBM gave a disappointing forecast today for the year as it reported sharply lower profit and revenue to end 2014.  Last October the company announced it abandoned its target of making at least $20 a share by 2015, forecast earnings for 2015 of $15.75 to $16.50 a share, below the $16.51 estimated by Wall Street. That disappointing outlook sent shares down 3.5% after hours.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/ibms-profit-outlook-falls-short-of-expectations-2015-01-20
For today’s Closing Market Report click to listen->