Chris Nerney

After one of the best weeks in the past year for Internet and tech stocks, investors hope this upward momentum and their own renewed optimism will help the market successfully run a gauntlet of earnings reports this week without absorbing too much punishment. Since many of the most painful blows already have been delivered in […]

Stocks stumbled in the first day of trading following Easter weekend, as Internet and tech companies on Monday lost the momentum from last week’s impressive surge just as the Q1 earnings season shifts into gear. It looked like a down day for blue chips as well, as the Dow Jones plummeted in the late afternoon, […]

After lagging behind other stocks for most of the year, Internet tickers have been the top performers on Wall Street so far this month. As we approach April’s half-way point, internet.com’s Internet Stock Index, or ISDEX, is up 3.8% since the end of March. The tech-heavy Nasdaq follows close behind with a 3.2% gain, with […]

For investors, it was a great way to head into the three-day weekend. Stocks rose again across all sectors Thursday, led by Internet and technology tickers, as internet.com’s Internet Stock Index, or ISDEX, gained 13.13, or 6.15%, to 226.71. Forty-three of the 50 ISDEX member stocks finished trading on the plus side. The Nasdaq, meanwhile, […]

Investors will find out two things for sure when the closing trading bell sounds on Wednesday. The first will be whether the stock market can turn in its third consecutive day of gains, and fourth in the last five. The second will be whether Internet bellwether Yahoo’s first-quarter earnings meet the company’s lowered estimates. However, […]

Internet and tech stocks extended their winning streak to three days on Wednesday, while “old economy” tickers stumbled. The Dow Jones needed a rally in the last half-hour of trading to climb back above the 10000 mark. Still, the Dow finished down 89.27, or 0.9%, to 10013.47. The Nasdaq was up all day, reaching a […]

For the third time in the past four trading days, stocks gained across all sectors Tuesday, even as an earnings season that promises to deliver yet more pain to investors gets under way. While not quite as spectacular as last Thursday’s advances, Tuesday’s run-up could fuel speculation that the worst of the market’s woes are […]

The headline on an Associated Press story said: Amazon.com Expects Small Loss. While I would be hard-pressed to label as “small” a $255 million net loss, investors were impressed, as Amazon.com shares soared 33.6% to $11.18 in Monday’s trading. Their reaction is understandable. The online e-tail leader’s projected net loss of 22 cents per share […]

After frittering away early gains by mid-afternoon, stocks rallied down the stretch Monday to post modest advances. Tech and Internet stocks got a big boost before the opening bell from Amazon.com’s preliminary Q1 numbers, which showed the e-tail giant reducing its net loss by 17% from the year-ago quarter. But by 1:30 p.m., the major […]

This week traditionally is not a great favorite on Wall Street, since the April 15 IRS deadline each year tends to draw money from the market as investors write checks to cover their tax liabilities. Of course, given last year’s disastrous ticker results, capital gains likely aren’t the most pressing problem for investors who loaded […]

The raging bull made a quick exit. A worrisome unemployment report and more earnings warnings in the technology sector limited Thursday’s breathtaking rally to a one-day event, as stocks dropped across the board in Friday’s trading. The Dow Jones fell 139.34, or 1.4%, to 9778.71, while the Nasdaq tumbled 65.10, or 3.6%, to 1719.90. The […]

If Wall Street were smart, it would have ended the trading week after Thursday’s spectacular breakout. That way we all could have spent the weekend at least entertaining the notion that a recovery is under way. Alas, there will be trading on Friday, which is unfortunate because it’s likely the earnings warnings from Sycamore Networks […]