Don't Ignore This Chart!

Biotechs, Internet and Networking Lead Market Higher


The Sector Market Carpet shows big gains in three stocks powering these industry groups. EBAY is up over 15% and leading the internet group. FFIV is up over 13% and leading the networking group. Both groups are part of the technology sector. GILD is up over 10% and leading the biotech group, which is part of the healthcare sector.

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Arthur Hill
About the author: , CMT, is the Chief Technical Strategist at 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. Learn More
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