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NASDAQ Technical Picture - Narrow Range Consolidation
By: Wall Street Warrior   Friday, May 23, 2008 1:56 AM
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A truce after all the selling in the form of a NRIB on light volume. Trading might be light again tomorrow ahead of the long holiday weekend. Existing home sales out at 10:00 tomorrow might stir things up.

Companies trading higher in after hours in reaction to earnings: IXYS +9.6%; HIBB +6.8%; VRGY +5.9%; CA +3.9%; ZUMZ +2.8%; GPS +2.2%; FL +1.6%; GNV +1.4%... Companies trading down in reaction to earnings: BBOX -8.1%; ALKS -7.5%; LTON -7.2%; ARUN -5.3%; PSUN -4.1%; DDS -3.4%; ARO -2.2%...



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