S&P 500's Technology Sector Update 6/9/2011

The Technology Sector is the one of the weakest areas of the S&P 500 in today's trading action, putting in a modest gain of 0.2%. The weakest names currently trading in that sector are: 1) Motorola Mobility Holdings MMI: Shares of Motorola Mobility are currently trading down 2.6% from yesterday's close to $23.40. The stock is nearing its all time low of $22.56, which was set on April 27th. Shares have broken below their 50-day simple moving average (one year daily chart) in today's session. 2) NVIDIA NVDA: Shares of NVIDIA are currently trading down 1.9% from yesterday's close to $17.24. The stock has lost 13.7% over the past seven trading sessions. Shares have been negative for the past seven consecutive trading days. 3) F5 Networks FFIV: Shares of F5 Networks are currently trading down 1.4% from yesterday's close to $109.45. The stock has broken below its 200-day simple moving average (one year daily chart) in today's session. 4) JDS Uniphase JDSU: Shares of JDS Uniphase are currently trading down 1.4% from yesterday's close to $17.15. The stock has lost 17.3% over the past seven trading sessions. 5) MEMC Electronic Materials WFR: Shares of MEMC Electronic Materials are currently trading down 1% from yesterday's close to $9.01. The stock has lost 13.7% over the past seven trading sessions. Shares hit a new 52-week low of $9.00 in today's action.