Friday, December 18, 2009

quadruple witching

quadruple witching

Increase in stocks of strength in tech stocks because of increased volume of fascinating quadruple. Volume is light enough in the past few months, but Friday is the busiest session this year. So far, this surge in volume bulls hurt, even when the major market indices are likely to be in the vicinity of the week, if not negative. Earnings reports Research in Motion (RIMM) and Oracle (ORCL) gave strength to tech sector.

Quadruple fascinating is the end of stock index futures, stock index options, stock options and single stock futures. This event will be one-quarter and creates a dramatic increase in volume and volatility often. In addition to this event Friday, the volumes also rose due to the transfer of inside and outside the major market indices.

ORCL and RIMM shares are higher this morning after strong earnings. RIMM, the manufacturer of popular BlackBerry smart phone, beat earnings estimates by 6-cents per share, but more importantly, the company increased the forecast for the fourth quarter. RIMM shares more than 11 percent in early trading at a price above 70 dollars.

ORCL users is higher by 7 percent to prices near $ 24.50, a new 52-week high. The company beat earnings estimates by 3-cents per share on revenue also exceeded expectations. Oracle also got good news earlier this week when the European Union has eased its position on the merger of Sun Microsystems (JAVA).

Take Two Interactive (TTWO), video game maker, also reported earnings and its users are more than 10 percent. TTWO in line with expectations, revenue for the quarter, but the news that Carl Icahn has 11.3 percent of shares in the company that brought a rush to buy the user. TTWO is trading above $ 9 per share, which is right in the center of its 52-week range.

Boeing (BA) is in the news this week for some reason. Firstly, the company eventually flew its 787 Dreamliner aircraft, which was postponed several times. The company has orders for 840 aircraft, which is a record for new aircraft. However, the company will pay millions in compensation to customers for delays. Today, BA have bad news, when Ryanair Holdings suspended negotiations on the purchase of more than 200 short-aircraft. BA user is about one percent at a price just under $ 54.
 
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