| Search by tag or site | Login to my blog ▪ Start my own blog |
Gualberto DiazThe Art of Money |
No Strength In Tech
Posted on 01/19/2007 10:05 AM | Link | Post Comment
Earnings season has not kicked off well for the tech companies. SAP and AMD disappointed last week. This week Intel, Apple, IBM, and Motorola disappointed. I include Apple even though they blew last quarter's earnings out of the water because they lowered guidance for this quarter. Nasdaq 100 has shown weakness because of this, and yesterday we had the most volume on the QQQQ we've seen since July. Looking a the daily chart, it looks like we hit resistance last week on the bottom side of the trend line. Right now I see some support at 43.50, and then again at around 42.90. If we break those two I think we could see 40.
- Thoughts On True Religion
- Gone Last Week
- Ppi Doubles Expectation
- Will The Housing Recession Affect The Economy?
- New Positions
![]()
Examples
ATM Wallstreet - Mon Oct 06, 2008 03:39PM
Made several great trades today. Traded the QID, QQ [read more]
Made several great trades today. Traded the QID, QQ [read more]
ATM Wallstreet - Tue Oct 07, 2008 10:07PM
Today we have the Fed speaking and release of Fed mi [read more]
Today we have the Fed speaking and release of Fed mi [read more]
Morpheus Trading - Tue Oct 07, 2008 08:33AM
NOTE: Please click on the charts below to enlarge them [read more]
NOTE: Please click on the charts below to enlarge them [read more]












<< My Home | TheMoneyBlogs Home