Stock Markets Analysis & Opinion
Tech Stocks Rally After-Hours
As if the bulls needed any help, Microsoft (NASDAQ:MSFT) (and all tech stocks) were roaring after hours:
MSFT Stock Price Chart
The /NQ popped up over 50 points on the news, meaning that about 1250 points have been added to the Nasdaq 100 since just Jan. 6!
Nasdaq Daily Chart
Texas Instruments (NASDAQ:TXN) also reported, but it’s a nothing-burger so far.
Texas Instruments Chart
Capital One Financial Corporation (NYSE:COF) is sinking a bit.
Capital One Chart
And Intuitive Surgical Inc (NASDAQ:ISRG) is also somewhat weaker.
ISRG Chart
All in all, yet another shit sandwich served up to the handful of surviving bears. As I’ve said, the fun part of the bear market ended abruptly last Jun. 16.