Collins Stewart

Google earnings and IBM earnings were both reported late Thursday, and the tech sector listened. Today, the tech-heavy Nasdaq is falling more than 1 percent, with IBM leading the way lower, falling more than 4 percent. Google (GOOG)'s shares are up 4 percent, but the old adage -- as IBM goes, so...

Today looked like the traditional broke American spender of the past: Lower income, increased spending. We also saw waves of profit taking ahead of the weekend as the last two weeks have been some of the best moves seen in years. Bank stocks have driven many of the market's big moves of late, and...