Tech stocks in focus.

Nasdaq bear up against credit turmoil in early stage (mid of 2007) but January sell off hit this new economy index the most. On 17th of March after Bear & Stearns (BSC) bail out I posted that I expect rebound. Technically speaking double bottom has been formed. Market was oversold and quite resistant against all bad news coming to the street.







Last couple of days we could see nice short rally triggered mainly by tech companies. Index Nasdaq 100 has gained almost 10% during last 2 weeks. I've applied stock screen for all 100 shares included in index. Here you have leaders and laggards in % price change for past 2 weeks.


Company (Ticker) % price change

1. VERTEX PHARMACEUT (VRTX) 72,6
2. Amylin Pharmaceuticals (AMLN) 27,6
3. Leap Wireless (LEAP) 25,2
4. Broadcom Corp (BRCM) 23,9
5. INTUITIVE SURG (ISRG) 23,9
6. eBay (EBAY) 21,8
7. Expeditors Intl. of Washington (EXPD) 21,1
8. Adobe Systems (ADBE) 20,9
9. EXPRESS SCRIPTS (ESRX) 20,3
10. Research In Motion (RIMM) 19,7

91. Liberty Global (LBTYA0 0,5
92. Joy Global (JOYG) -1,3
93. Marvell Technology (MRVL) -1,4
94. Sun Microsystems (JAVA) -1,5
95. Amgen (AMGN) -2,1
96. Citrix Systems (CTXS) -2,3
97. Applied Materials (AMAT) -2,7
98. AUTODESK (ADSK) -3,1
99. Garmin (GRMN) -4,2
100. APOLLO GP (APOL) -18,2