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Dell Weighing On Computer Hardware Sector
Posted on June 24th, 2010 No commentsComputer hardware stocks are moving notably lower during trading on Thursday, with computer maker Dell Inc.’s (DELL) yearly guidance unsatisfactory to traders even as it came in-line with Wall Street estimates.
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Software Stocks Led Lower By Adobe Systems
Posted on June 23rd, 2010 No commentsAfter opening lower, software stocks are seeing notable weakness in late morning trading on Wednesday. The sector is being led lower by Adobe Systems Inc. (ADBE), even though the firm’s second quarter results and third quarter outlook were solid.
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Railroad Stocks Backing Off Of Recent Highs Amid Lackluster Market Outing
Posted on June 22nd, 2010 No commentsTransportation stocks are showing notable weakness during choppy late-morning trading on Tuesday, with railroad stocks weighing on the sector as they pull back off recent highs.
The losses by railroad stocks are contributing to a 1.7 percent loss by the Dow Jones Railroads Index. With the loss, the index is pulling back off of the nine-week closing high set in the previous session.
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Steel Stocks Helping To Drive Broader Market Higher
Posted on June 21st, 2010 No commentsSteel stocks are posting strong gains in late-morning trading on Monday, attempting to extend their recovery from May’s weakness. The advance comes as traders react positively to China’s decision to let its currency rise against the dollar, which is likely to boost demand for raw materials.
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Gold Stocks Flying High In Friday Dealing
Posted on June 18th, 2010 No commentsAfter a strong start to the session, gold stocks remain notably higher in early afternoon trading on Friday, benefiting from a pickup in gold prices which are building on yesterday’s record close.
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Housing Stocks Under Pressure Following Dismal Economic Data
Posted on June 17th, 2010 No commentsHousing stocks are notably lower in early afternoon trading on Thursday, as June’s disappointing reading on Philadelphia area manufacturing activity and an unexpected pickup in weekly jobless claims prompted some selling pressure in the equity markets.
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Airline Stocks Contributing To Broad Market Rally
Posted on June 15th, 2010 No commentsAirline stocks have shown a notable move to the upside over the course of morning trading on Tuesday, contributing to the strong upward move by the broader markets.
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Networking Stocks Advancing Along With Broader Markets
Posted on June 14th, 2010 No commentsAfter showing a strong upward move at the open, networking stocks are continuing to see notable strength in late morning trading on Monday amid a broad-based market rally.
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Biotechnology Stocks Seeing Strong Gains Amid Volatile Trading
Posted on June 11th, 2010 No commentsBiotechnology stocks are showing considerable strength during trading on Friday, despite a lack of concrete direction in the broader markets. Sequenom (SQNM) is helping to lead the sector higher following an upgrade.
The NYSE Arca Biotechnology Index is currently up by 1.5 percent, extending its rebound from Wednesday’s three and a half month closing low.
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Transportation Stocks Moving Further Off Recent Lows
Posted on June 10th, 2010 No commentsTransportation stocks are attempting to extend a recent rebound during trading on Thursday amid some bargain hunting and an upgrade for C.H. Robinson Worldwide Inc. (CHRW).
The gains by transportation stocks are contributing to a 3.5 percent advance by the Dow Jones Transportation Average. With the gain, index is moving further off of the more than three-month closing low set on Monday.


