Tag Archives: stocks

5 Big Tech Stocks Show Bearish Technical Action

Stocks have started 2016 on a sour note, dropping hard in heavy volume amid weak Chinese manufacturing data. As the market sells off, five tech names are showing some bearish technical action in the stock market today: Amazon (AMZN), Tesla Motors (TSLA),JD.com (JD), Weibo (WB) and Sohu.com (SOHU). All are featured on IBD’s Stocks On The Move list, which takes a look at stocks that are making moves in big volume. Let’s go to the charts. Amazon

Qunar, Alibaba, Other China Stocks Plunge

A marquee collection of prominent China stocks traded in the U.S. plunged Monday following a December report spotlighting weakness in China’s manufacturing sector, a fifth straight month of contraction that set investors on edge — and ground stock trading in China to a halt. On U.S. exchanges, Chinese online travel company Qunar Cayman Islands (QUNR) — nicknamed the “Kayak.com of China” — showed the biggest decline among a basket of China-based