The NASDAQ Index lagged its counterparts for the entire session, largely as a result of renewed weakness among large-cap tech. ERTS announced it expects the net revenue and earnings Q1 2010 to be below the guidance previously provided. Analysts think the Apple tablet could cost anywhere from $700 to $1,000. It may not end up dominating the emerging market for tablets, as some seem to expect. QQQQ's implied volatility jumped 10 points amid earnings jitters. AFTER HOURS: AA earnings failed to impress the market.
Tuesday, January 12, 2010
Showed weakness
The NASDAQ Index lagged its counterparts for the entire session, largely as a result of renewed weakness among large-cap tech. ERTS announced it expects the net revenue and earnings Q1 2010 to be below the guidance previously provided. Analysts think the Apple tablet could cost anywhere from $700 to $1,000. It may not end up dominating the emerging market for tablets, as some seem to expect. QQQQ's implied volatility jumped 10 points amid earnings jitters. AFTER HOURS: AA earnings failed to impress the market.
