The Sector Market Carpet showed a lot of red on Monday, but there were a few green squares within the tech sector. In fact, a couple of networking stocks led as F5 Networks (FFIV) and Juniper (JNPR) scored big gains. Also notice that Xerox (XRX), Red Hat (RHT), Hewlett Packard (HPQ) and Apple (AAPL) gained on a down day. Chartists can hover over the carpet and right click to see options to show/hide tickers or view in square/market cap mode etc.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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