YHOO and VMW

VMW appears to have consolidated and likely to uptrend. The decline was brutal after the post-IPO roller coaster. It did under perform both Nasdaq 100 and S&P 500. Recent action of filling the gap is promising but the resistance at $32.50 is formidable. I will not be surprised if it rolls over there and tests support against the rising support line and further down at $26.50.


VMW daily



Yahoo has been steadily rising since Nov 09 lows. The broader market lows of Mar 09 did hardly affect this already battered ticker. The merger/takeover/sale news have been providing for enough gaps. I don't envy the shareholders of this cardio-vascular stimulator :)

YHOO daily



Comparing both VMW and YHOO since Aug 2007 (debut of VMW) tells us that both of these have underperformed Nasdaq 100 and S&P 500. Some lucky (hmmm) people got to sell VMW 3 months post IPO and did sang all the way to the bank but since then the ride has been bumpy. Now that the IPO excitement has long gone it is behaving more like any Tech Stock (wink wink). Whenever there is a turn around in the broader market (a new bull market), Technology will lead. Stuff like VMW will go places at that time. Till then: sayonara!

YHOO, VMW compared to $NDX and $SPX since 8-2007


Digging a step further and charting the relative performance since the significant marker bottom of Mar 2009, we see that VMW has really out shined YHOO, NDX and SPX.

Please note that this is an academic exercise and the comparison of VMW to YHOO is coincidental randomness (if there is such a thing :) ).

YHOO, VMW compared to $NDX and $SPX since 3-2009