All of the cloud computing stocks are trading higher again this morning. Earlier today, Oracle Corp (NASDAQ:ORCL) purchased Taleo Corp (NASDAQ:TLEO) for $1.9 billion. This deal is certainly helping many of the leading cloud computing stocks to trade higher today.
Leading cloud stocks such as Rackspace Hosting Inc (NYSE:RAX), Citrix Systems Inc (NASDAQ:CTXS), and Aruba Networks Inc (NASDAQ:ARUN) are all approaching daily chart resistance levels. All of these…
Added by Bryan Leighton on February 9, 2012 at 10:45am — No Comments
This morning, all of the leading cloud computing stocks are trading higher despite a slightly weaker stock market. Leading cloud computing stocks such as VMWare Inc (NYSE:VMW), Salesforce.com Inc (NYSE:CRM), Riverbed Technology Inc (NASDAQ:RVBD), and Citrix Systems Inc (NASDAQ:CTXS) are all sharply higher at the start of the trading session. It is important to note that these market leaders are coming into short term daily chart resistance.
Short term day…
Added by Bryan Leighton on January 24, 2012 at 10:58am — No Comments
All of the leading cloud computing stocks are surging higher this morning. The catalyst for the rally in the popular cloud computing stocks is due to the strong positive reaction to the F5 Networks Inc (NASDAQ:FFIV) earnings. This morning, FFIV stock is trading higher by $12.30 to 120.70 a share. This rally is helping to lift the entire sector. FFIV stock is very strong today, traders should watch for short term intra-day resistance around the $121.00 area
Added by Bryan Leighton on January 19, 2012 at 10:48am — No Comments
Many of the leading cloud computing stocks have come under some sharp selling pressure throughout the month of December. Cloud computing leaders such as Salesforce.com inc (NYSE:CRM) and VMWare Inc (NYSE:VMW) have been extremely weak. These stocks are holding up well today considering the major stock indexes are coming under some selling pressure this morning. CRM is still trading above its recent low that was made on December 21, 2011 at $94.09 a share. If this stock fails to hold…Continue
Added by Bryan Leighton on January 5, 2012 at 11:24am — No Comments
This afternoon, the highly followed NASDAQ Composite is trading slightly lower on the session. This decline in the tech heavy NASDAQ comes as the Dow Jones Industrial Average and the S&P 500 Index are trading higher. It is important for traders to remember that the NASDAQ Composite traded higher by 80.0 points yesterday, therefore, today's small pullback is very common after such a large price move. Often, the major stock indexes will consolidate or pause before moving higher…Continue
Added by Bryan Leighton on November 29, 2011 at 3:48pm — No Comments
This morning, all of the leading cloud computing stocks are rallying higher. The move in the leading cloud computing stocks come despite the downward pressure in the major stock indexes. This tells us that the cloud computing stocks are showing strong relative strength today. Therefore, if the major stock indexes somehow rally higher today it will be the cloud computing stocks that will lead the markets.
Leading cloud computing stocks such as F5 Networks Inc…
Added by Bryan Leighton on November 14, 2011 at 11:03am — No Comments
Added by Bryan Leighton on September 7, 2011 at 3:41pm — No Comments
Added by Bryan Leighton on August 24, 2011 at 11:01am — No Comments
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Added by Bryan Leighton on July 14, 2011 at 10:50am — No Comments