Sector Spotlight: Technology Bounces Off Resistance

Lately, the Technology sector (NASDAQ:QQQQ) has been a bit wobbly. Even strong earnings from tech idol Apple (NASDAQ:AAPL) couldn’t push the rally to the next level.

However, after the weekend break, technology is outperforming after a strong bounce off resistance at Nasdaq 2,690:

Intel (NASDAQ:INTC) is the leader of the charge. The semiconductor company announced an increased dividend and share repurchase program. Shares are up 1.5%.

Top 5 Most Active Stocks

The Top 5 Most Active Stocks in the technology sector are:

  1. Apple (NASDAQ:AAPL)
  2. Intel (NASDAQ:INTC)
  3. Microsoft (NASDAQ:MSFT)
  4. NVIDIA (NASDAQ:NVDA)
  5. Baidu (NASDAQ:BIDU)

Top 5 Biggest Gainers

The Top 5 Biggest Gainers in the technology sector are:

  1. Clinical Data, Inc. (NASDAQ:CLDA) – 60%
  2. Silicom Ltd. (NASDAQ:SILC) – 14%
  3. Dot Hill Systems Corp. (NASDAQ:HILL) – 13%
  4. NVIDIA Corporation (NASDAQ:NVDA) – 11%
  5. LDK Solar Co., Ltd. (NYSE:LDK) – 10%

Top 5 Biggest Losers

The Top 5 Biggest Losers in the technology sector are:

  1. Rediff.com India Limited (NASDAQ:REDF) – 10%
  2. OmniVision Technologies, Inc. (NASDAQ:OVTI) – 6.5%
  3. Ultralife Corp. (NASDAQ:ULBI) – 5.2%
  4. Riverbed Technology, Inc. (NASDAQ:RVBD) – 5%
  5. Sify Technologies Limited (NASDAQ:SIFY) – 5%

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