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Tech stocks miss out big time

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mad_money1 May 12, 2014 (Chinavestor) The Dow may be on the roll but technology and shale oil stocks failed to gain traction. Oasis Petroleum (NYSE:OAS) and Apple Inc. (NASDAQ:AAPL) are the only two stocks on our radar screen that trade above the normal trading range. That is one standard deviation above and below the average price.

The Priceline Group (NASDAQ:PCLN), Tesla Motors (NASDAQ:TSLA), Amazon.com (NASDAQ:AMZN) and Groupon (NASDAQ:GRPN) trade below the trading range with a negative bias.

Google Inc. (NASDAQ:GOOG), Facebook (NASDAQ:FB) and Netflix (NASDAQ:NFLX) have bottomed out, according to the following chart.

 

tech_201405012



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