Tech Stocks Continue to Rise

Technology stocks are showing strength today, with the NASDAQ adding to yesterday's gains, while the Dow & S&P 500 fluctuate either side of the unchanged line.

Among today's stocks in the news, Q2 profit plunged at Freddie Mac (FRE | Quote | Chart | News | PowerRating), with substantial losses attributed to the problems in the credit market (read more).

H&R Block (HRB | Quote | Chart | News | PowerRating) posted a wider loss than expected, also citing credit market woes (full story).

Sears Holding (SHLS | Quote | Chart | News | PowerRating) reported a 40% drop in profits (read more).

Meanwhile, Ciena (CIEN | Quote | Chart | News | PowerRating) swung to a profit in Q3 and raised its full year guidance (full story).

Learn how to profit from current market volatility with the new CBOE VIX^® Options.

Click here to attend a free 45-minute presentation this week with Larry Connors and learn how to trade the new CBOE VIX® Options.

TradingMarkets subscribers have access to 16 quantitative stock indicators and another 17 quantitative market bias indicators. These indicators are derived from our proprietary database that includes millions of trades, and designed to give you a short-term trading edge.

If you would like to access all 16 stock indicators, 17 market bias indicators, along with many other tools, click here for a free 7-day TradingMarkets trial.