Former Internet Leaders Bounce Back: Is The Selling Over?

By | April 29, 2014

Scalper1 News

Has all of the bad news been priced into the IBD Internet-Content group? Three months ago, the group ranked No. 3 out of 197 industry groups in six-month price performance. As of Monday’s close, the group had fallen all the way down to No. 142. Money has been flowing out of the group since March. But it made a nice move Tuesday, up about 3%. Inside the group, Google (GOOGL) found initial support at its 200-day moving average Monday and extended Scalper1 News

Scalper1 News