Financial Sense Online Market WrapUp with Martin Goldberg 12/08/2005:: To not buy stocks would be to risk missing out on the benefits of . It appears that seasonality is the major driving force behind the rally – the same http://www.financialsense.com/Market/goldberg/2005/1208.htmlHOME |
A warning from FindWhat and downgrades to Google and Yahoo kept Internet stocks on the sidelines of a rally on Wall Street Thursday.
FindWhat plunged 18% after the company warned that its first quarter earnings will be 12-15 cents a share on revenues of $55-$59 million, below Wall Street forecasts of 20-cent earnings and $67 million in revenues. reportonbusiness.com: Market Blog:: The North American stock market rally – okay, just two days old – lost its . investors will miss a big part of the ensuing rally if they wait for the http://www.theglobeandmail.com/blogs/marketsHOME |
Google and Yahoo shares lost about 2% each after RBC Capital downgraded the search leaders on concern about declining online ad pricing.
The news weighed on Net stocks on a day in which almost everything else seemed to go up.
The Nasdaq rose 20 to 2051, the S&P 500 climbed 9 to 1200, and the Dow gained 75 to 10,748. Volume rose to 1.52 billion shares on the NYSE, and 2.05 billion on the Nasdaq. Advancers led 23-10 on the NYSE, and 19-12 on the Nasdaq. Upside volume was 73% on the NYSE, and 70% on the Nasdaq. New highs-new lows were 197-34 on the NYSE, and 84-65 on the Nasdaq. Hussman Funds - Weekly Market Comment: April 18, 2005 - How :: So your net outlay per combination is zero. (As with futures, the combo is . Clearly, you could just go out and buy the stock at today's price S. If you http://www.hussman.net/wmc/wmc050418.htmHOME |
After the close, Qwest upped its offer for MCI, and McAfee beat estimates.
During the day, TiVo edged higher on speculation that the company could be acquired by Apple.
Audible lost 7% on class-action lawsuits.
eDiets tumbled 14% on its results.
Ciena fell for a second day on its results.
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