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MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT RESULTS

Chevron, Exxon under pressure as falling natural gas prices hit earnings

Wall Street Fundamentals Releases New In-Depth Stock Reports on BBRY, GLUU, NFLX and NOK

ACCESSWIRE

U.S. markets closed just shy of record highs Monday. The S&P 500 Index closed at 1,847.61, an increase of 0.62 percent, just short of its intraday high of 1,858.71. "There's still a lot of hope right now (that) the slightly weaker (economic) numbers we've been seeing are weather- related," said Bryant Evans, a portfolio manager for Cozad Asset Management. Gains by the tech sector helped push the Nasdaq Composite Index to a 14-year high in midday trading before settling to close at 4,292.97, an increase of 0.69 percent. Here is how some tech stocks reacted Monday:

BlackBerry Ltd. (NASDAQ:BBRY - News) shares traded in the range of $9.43 to $10.10 Monday before settling to close at $9.83, an increase of 7.55 percent. The stock appears to be facing some resistance at the $10.03 and $10.82 levels with some support at $9.75 and $9.38. The company announced that its BBM service will soon be made available to Windows Phone and Nokia X customers. Shares of BlackBerry have gained approximately 32.0 percent year-to-date.

More information on BlackBerry and access to the free equity report can be found at:
www.WallStreetFundamentals.com/BBRY

Glu Mobile Inc. (NASDAQ:GLUU - News) shares traded in the range of $4.71 to $4.90 Monday before settling to close at $4.76, an increase of 1.28 percent. The stock appears to be facing some resistance at the $4.99 and $5.11 levels with some support at $4.64 and $4.46. The company previously reported non-GAAP revenues for the fourth quarter increased 62.0 percent year-over-year to $42.8 million. Shares of Glu Mobile have gained approximately 32.0 percent year-to-date.

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More information on Glu Mobile and access to the free equity report can be found at:
www.WallStreetFundamentals.com/GLUU

Netflix, Inc. (NASDAQ:NFLX - News) shares traded in the range of $428.50 to $449.69 Monday before settling to close at $447.00, an increase of 3.42 percent. The stock appears to be facing some resistance at $471.37 with some support at the $436.01 and $388.55 levels. The company has announced a mutually beneficial interconnection agreement with Comcast, which will provide Comcast’s U.S. broadband customers improved access to Netflix. Shares of Netflix have gained approximately 20.0 percent year-to-date.

More information on Netflix and access to the free equity report can be found at:
www.WallStreetFundamentals.com/NFLX

Nokia Corporation (NYSE:NOK - News) shares traded in the range of $7.47 to $7.65 Monday before settling to close at $7.62, an increase of 2.14 percent. The stock appears to be facing some resistance at $8.11 with some support at the $7.43 and $6.76 levels. The company recently unveiled the new X range of Nokia smartphones using the Android system at the Mobile World Congress in Barcelona. Shares of Nokia have fallen approximately 6.0 percent year-to-date.

More information on Nokia and access to the free equity report can be found at:
www.WallStreetFundamentals.com/NOK

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com