12:45(pm) EST Dow 8,131. That is the number bulls are looking for. After an up and down week, the Dow has a chance to extend its weekly rally to 7 if we manage to break that number. Currently, the Dow is up 131 points to 8,088. Impressive. Tech is onceRead more
7th Heaven?
Update on NetApp
Losing Faith in IBM
Decision Time
Bank Stress Test News Coming
eBay Beats Earnings, Shares Up
eBay (EBAY, $14.78, up $0.49) announced its earnings dipped over 20% after the bell but their numbers still beat Wall Street’s expectations. The company earned $357 million, or $0.28 a share, versus $460 million, or $0.34, a year earlier. The Street was expecting $0.34 and if you exclude charges, eBayRead more
NetApp Up
12:15pm (EST) NetApp (NTAP, $18.65, up $0.61) is having a sweet day as cloud computing and takeover talk continue to spur gains for the sectors. NetApp has been performing well all week and today’s 3% jump has provided some momentum for our call options. The May 17.50 calls (NULEW, $1.90,Read more
Amazon.com Breaks $80
Yahoo Beats Street, Profits Tank
Market Recovers, Amazon.com Pushes $80
12:05pm (EST) The Dow has made a nice rebound from yesterday’s shellacking and is currently up 72 points to 7,914. There were a bevy of earnings announcements this morning, both good and not so good, but better-than-expected results from a couple of Tech companies have helped things. People are stillRead more