Stocks sported solid gains for the entire session as a batch of positive news items brought buyers into action. However, afternoon trade became rather subdued as the stock market entered a familiar sideways drift. Barron's reported that Amazon.com s embroiled in a price war on books and DVDs started by its mainly bricks-and-mortar rival. Google plans to begin selling a cellphone directly to consumers as soon as next year. . Credit Suisse continues to expect RIMM to directly benefit from smartphone market growth and believe the co's 19-20% global share is sustainable. QQQQ implied volatility little changed. The short-term technical chart displays a bullish pattern.
Tuesday, December 15, 2009
Gained on positive news
Stocks sported solid gains for the entire session as a batch of positive news items brought buyers into action. However, afternoon trade became rather subdued as the stock market entered a familiar sideways drift. Barron's reported that Amazon.com s embroiled in a price war on books and DVDs started by its mainly bricks-and-mortar rival. Google plans to begin selling a cellphone directly to consumers as soon as next year. . Credit Suisse continues to expect RIMM to directly benefit from smartphone market growth and believe the co's 19-20% global share is sustainable. QQQQ implied volatility little changed. The short-term technical chart displays a bullish pattern.
