[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. stocks took a tumble today, with the Nasdaq realizing its biggest daily percentage drop since early February, as some of the market’s recent best performers like technology and biotech shares led the way down. Weakness in the health care sector (XLV) also dragged the U.S. stock market lower. Pharmaceuticals got spanked …
Major Indexes End In The Red Zone; A Good Day For Netflix
[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. equities closed in the red zone today amid sub-par economic data from China. Microsoft and Starbucks experienced notable gains (after hours) after releasing favorable updated company earnings data. One of Thursday’s largest gainers was Netflix Inc. (NFLX). The stock gained 16% (from $333 to $388) on the day after releasing internal …
Icahn Proposes Ebay Paypal Split; Outlook For Mining ETFs
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Nasdaq hit a new 13-year high today, while the S&P posted modest gains and the Dow fell about 0.3%. IBM’s (IBM) 3% drop was a heavy blow to the Dow. Today was a great day for eBay (EBAY), Netflix (NFLX) and F5 Networks (FFIV) after releasing their quarterly earnings for Q4 …