Thursday, January 19, 2006

Thursday After Market

The market closed higher with higher volume. It logged as another accumulation day for the market technicians. (AAPL) did not make any big impact to the market at all. The tech stocks are back after yesterday's sell-off.
But after market, another bellwether stock (MOT) missed the revenus estimates, this does not bode well for the tech market. (CREE) also moved down after earning report. The biggest casaulty is (SUPX). It missed the estimate big time.
The big gainer after hours is (FFIV). But it does not have the power of (MOT).
There are more red stocks than green stock after hours. It maybe another down day tomorrow after today's big run.

No comments: