Will Microsoft be up today with Yahoo search deal
Posted by HanaDaddy | Posted in My thoughts on the market | Posted on 07/29/2009
Tags: Microsoft, MSFT, Yahoo, YHOO
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Microsoft and Yahoo reached the deal today. Micfosoft and Yahoo: Search partners
I just quickly checked pre market prices for both Yahoo (YHOO) and Microsoft(MSFT).
YHOO dropped about 7% but MSFT was up about 1.20% .
I was watching MSFT for the past few days to get in, but I am not sure if this is the right time.
Also the Chinese Stock market was down about 5% last night, so I feel the stock market probably tends to go down in general , especially with current overbought market condition.
Yesterday (7/28) MSFT RSI7 values
- Daily:43.81
- Weekly:59.33
- Monthly:58.16
Maybe I should just watch the market for this week.