Saturday, March 27, 2010

Little changed

Friday's flat session capped off a choppy week. After starting on a positive note, stocks gave up their early gains. The Nasdaq has dipped into negative territory as tech large cap stocks such as Intel, Microsoft, Hewlett Packard showed weakness. Oracle reported weaker earnings that beat forecasts and higher revenue. The shares slipped 1.3% Friday. Research in Motion rose after JPMorgan Chase upgraded the stock. The QQQQ implied volatility remained at very low levels.