Found support at the 47 mark
QQQQ needs a good reason to move above the 200MA. ORCL announced fourth-quarter results that exceeded analyst estimates. However, its outlook was very cautious. The stock fell 3% after-hours.Current (8:40 am ET) QQQQ pre-market price: 46.66 -0.91 -1.91%
Slipped further on macroeconomic data
Negative comments on MU. RIMM upgraded. ORCL will report earnings today.Current (8:20 am ET) QQQQ pre-market price: 47.13 +0.32 +0.68%
Slid further on macroeconomic concerns
Large and small-cap tech were weak. Large traders stay focused on upcoming earnings reports.Current ( 1:00 am ET) NASDAQ Futures: -2.00 1916.00
Tumbled again on weakness in the financial sector
Telecom stocks fell further. All big cup tech stocks were weak. RIMM and ORCL set to deliver its next quarterly results on June 24.Current (1:10 am ET) NASDAQ Futures: +7.00 1948.50
Managed to move higher
Research in Motion (EIMM) hit a fresh all-time high. Apple (AAPL) was weak. We expect a choppy trading session today.Current (8:20 am ET) QQQQ pre-market price: 48.42 -0.32 -0.65%
