Market still toppy and it looks like the bullish rally is getting tired and in need of a long overdue pullback. Big movers today Included; SolarCIty (SCTY), Angie's List (ANGI), Activision Blizzard (ATVI), Tesla Motors (TSLA), Rackspace (RAX), Pandora Media (P), Green Mountain Coffee Roasters (GMCR), Barnes & Noble (BKS), Groupon (GRPN), Netflix (NFLX), BlackBerry (BBRY), AOL (AOL). It's also May which is the start of a seasonal period that can be negative for stocks.
15 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market trading at new highs, but looks toppy as valuations are getting stretched relative to earnings growth. Big movers today included; Trulia (TRLA), Angie's list (ANGI), Fusion-io (FIO), Palo Alto Networks (PANW), Hewlett-Packard (HPQ), Lowe's Companies (LOW), Zillow (Z), Rackspace (RAX), Whole Foods (WFM), Groupon (GRPN), Zynga (ZNGA), Goldcorp (GG), AOL Inc. (AOL).
16 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market grabbed back yesterday's loses, but still looks stretched and ready for a pullback but doesn't want to rollover easily. Big movers today included; Diana Shipping (DSX), SolarCity )SCTY), Brightcove (BCOV), Angie's List (ANGI), E*Trade (ETFC), Facebook (FB), Zillow (Z), Jive Software (JIVE), Glu Mobile (GLUU), Yelp (YELP), Splunk (SPLK), Expedia (EXPE), Advanced Micro Devices (AMD), Visa (V), LinkedIn (LNKD).
22 days ago | posted by Allan Barry Laboucan | in Audio, Business
Market ws under pressure today on concerns from the Federal Reserve comments, but that is likely an excuse because the market is overbought. Big movers today included; Diana Shipping (DSX), Direxion 3X Bear ETF (FAZ), SolarCity (SCTY), Brightcove (BCOV), Trulia (TRLA), American Eagle Outfitters (AEO), Angie's List (ANGI), Fusion-io (FIO), Sirius XM (SIRI), Palo Alto Network (PANW), Facebook (FB), ZIllow (Z), Jive Software (JIVE), Yelp (YELP), Advanced Micro Devices (AMD), BlackBerry (BBRY).
23 days ago | posted by Allan Barry Laboucan | in Audio, Business