| Cisco fell after hours on Wednesday after the company said that visibility remains limited, capping a weak day for stocks.
Chip stocks fall on after-hours earnings warning - CNET News.com::
Chip stocks fall on after-hours earnings warning. By Sam Ames then sold to companies such as Cisco Systems that manufacture finished products.
http://news.cnet.com/2100-1001-249181.htmlHOME |
The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 3 to 155, and the Nasdaq lost 25 to 1812. The S&P 500 declined 6 to 1083, and the Dow fell 32 to 9653. Volume declined to 1.7 billion shares on the NYSE, and was unchanged at 2.1 billion on the Nasdaq. Decliners led by 19 to 11 on the NYSE, and 23 to 12 on the Nasdaq. Cisco Climbs On Higher Than Expected Q4 Earnings::
Cisco Systems Climbs In After-Hours On Quarterly Results Lamar Advertising Q2 profit falls on higher costs; issues Q3 revenue outlook
http://www.rttnews.com/sp/todaystop.asp?item=30&vid=4725HOME |
Cisco Systems News - Topix::
Falling oil prices bolster Wall St. After Hours: Cisco up after results; Priceline, Whole Foods shares tumble. Cisco Systems Inc.
http://www.topix.com/com/cisco-systemsHOME |
After the close, Cisco fell more than a point after beating estimates handily - but then only giving guidance for one quarter because visibility remains limited. Nasdaq futures were down more than 1%.
During the day, the accidental early release of Cisco's better-than-expected numbers didn't help the market much.
Overture plunged 41% after losing EarthLink's business to Google.
VeriSign hit a new 52-week low on accounting concerns. cbs5.com - Cisco Systems Suing Apple Over iPhone Name::
In after-hours trading, Cisco shares gained 7 cents to $28.75. (© 2007 The Associated Press. Anti-China Protester Falls From SF Consulate Roof
http://cbs5.com/local/Cisco.Systems.Apple.2.451191.htmlHOME |
The Kirk Report : After Hours Archives::
One pros view of the stock market. Stock screens, market analysis, trading tools, stock research, investment ideas, catch a falling knife post last
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Computer Associates plunged on debt rating concerns.
Sun Microsystems fell back below $10 on a Salomon Smith Barney Neutral rating.
Cymer surged on its earnings, WebEx plunged 29% on its report. Maxim, Aether and Liberate also ended down.
Some technical comments on the market: Note: To see the charts in the text email newsletter, click on the internetstockreport.com story link at the top of the newsletter. ABC News: Cisco is entering a new boom period, CEO says::
after the markets closed, sent Cisco shares up 6% to $31.40 in after-hours trading. Oil Prices Keep on Falling. All the World in a Wristwatch
http://abcnews.go.com/Business/story?id=3457209&page=1HOME |
Markets shrug off Cisco warning::
Intel also warned that its Q2 sales would fall 20 per cent below last years. which closed at $34 US (up 99 cents US), was trading at $36.24 US after-hours.
http://www.cbc.ca/money/story/2001/04/17/markets010417.htmlHOME |
The Nasdaq (first chart) and Nasdaq 100 (second chart) both broke declining trendline support today; that's not easy to do, and usually pretty bearish. 1800-1820 may cap any bounce tomorrow, and 1750-1780 looks like next support. The S&P (third chart) continues to find support at a declining trendline. That line will be at 1075 for tomorrow, and if it breaks, it doesn't look like the correction will stop at 1052. ADX, the trend strength indicator, continues to turn up hard in that chart, which is bearish; the trend is not likely to end until that indicator reaches the high 30s or low 40s. Resistance is 1093-1101. The Dow (fourth chart) faces tough resistance in the 9730-9775 range. Support is 9600 and 9500-9520. Finally, another look at gold. The HUI (fifth chart) put in a bearish engulfing today - but the index recently completed a bullish three white soldiers candlestick pattern. 81-82 must hold to preserve that bullish pattern. Gold futures (fourth chart) broke out of a two-year trading range yesterday, but were beaten back today at the critical $305 level (the chart does not include today's trading). $293-$295 should now be support. A real stalemate between gold bulls and bears at these levels, but it's been a very nice run, with mining stocks returning 50%-100% since late November.
Special report: For a free introduction to technical chart patterns, visit http://www.internetstockreport.com/guest/article/0,1785,2571_500051,00.html.
 United Online Proves Dial-Up Isn't Dead
 Cisco's Not Singing the Blues |
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