This morning, many of the leading cloud computing stocks are failing to rally with the technology sector. This is very strange since the NASDAQ Composite is higher by 2.00 percent at the open of the session. One of the leading cloud computing stocks in the market is Salesforce.com Inc (NYSE:CRM). This stock is trading lower by 0.73 cents to $149.25 a share. The stock is sitting right on the daily chart 50 moving average which is short term support. Should this level fail to hold as…
ContinueAdded by Bryan Leighton on April 25, 2012 at 10:13am — No Comments
This morning, some of the leading cloud computing stocks are coming under selling pressure. Leading cloud computing stocks such as F5 Networks, Inc.(NASDAQ:FFIV), and VMware, Inc.(NYSE:VMW) are leading the cloud computing sell off. Both of these stocks have already bounced off of the morning lows. It is important to note that most of the leading cloud computing stocks are now oversold and could be due for a short term bounce in the coming days. Should FFIV stock trade lower again…
ContinueAdded by Bryan Leighton on April 11, 2012 at 10:35am — No Comments
This morning, all of the leading cloud computing stocks are catching a bid higher. Yesterday, the cloud computing stocks were sold off with the major stock market indexes. One of the leading cloud computing stocks that are trading higher today is Rackspace Hosting Inc (NYSE:RAX). This stock is trading higher by 0.41 cents to $51.73 a share. Short term traders should watch for intra-day resistance around the $52.57 and $53.25 levels. RAX stock is still trading above the daily chart 50…
ContinueAdded by Bryan Leighton on March 7, 2012 at 11:01am — No Comments
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 afternoon, F5 Networks Inc (NASDAQ:FFIV) will report earnings after the closing bell. The leading computer networking stock is trading higher by $1.88 to $108.19 a share. One never knows how the market will react to the earnings release, therefore, trading ahead of earnings is always very risky. Some leading cloud computing stocks that are surging higher today include Riverbed Technology Inc (NASDAQ:RVBD), Salesforce.com Inc (NYSE:CRM), and Aruba Networks Inc (NASDAQ:ARUN). Please…
ContinueAdded by Bryan Leighton on January 18, 2012 at 3:44pm — 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
Since October 4, 2011 the major stock market indexes have soared sharply higher. This October rally has been one for the record books. Obviously, short covering from the European bailout news has helped this stock market trade higher over the past four weeks. The leading technology stocks have benefited greatly from this stock market surge. This week we shall look at three leading stocks in the cloud computing sector that have soared to overbought levels. As we all know, overbought…
ContinueAdded by Bryan Leighton on October 31, 2011 at 9:35am — No Comments
This trading week has been like a see-saw, one day the markets are up and the next day they are down. During the week of trading leading up to options expiration Friday the markets will usually be very volatile. Traders and investors must remember that there will usually be a lot of game playing by the large financial institutions that can move markets. Remember, the guy at home with a small online trading account is not moving the markets, it is the large institutions that have…
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