Danaher and Other Big Movers In Technology on October 18, 2012

The Nasdaq is down 0.3%, the S&P 500 is unchanged and the Dow has climbed 0.1% after the morning's trading. The technology sector is a category of stocks relating to the research, development and/or distribution of technologically based goods and services. This sector contains businesses revolving around the manufacturing of electronics, creation of software, computers or products and services relating to information technology. The technology sector offers a wide arrange of products and services for both customers and other businesses. Consumer goods like personal computers, stereos and televisions are continually improved and upgraded, offering the latest technology to all users. Businesses receive information and services from software and database systems, which allow the companies to make strategic business decisions.

The biggest movers in the Technology sector (XLK) (+0.2%) are:

Company	Market Cap	Percentage Change
Mellanox (Nasdaq:MLNX)	$3.9 billion	-20.4%
WESCO International (NYSE:WCC)	$2.75 billion	+14.2%
NetScout Systems (Nasdaq:NTCT)	$985.2 million	+7.6%
Lam (Nasdaq:LRCX)	$5.95 billion	+7.1%
Progress (Nasdaq:PRGS)	$1.16 billion	+5.1%
Danaher (NYSE:DHR)	$39.01 billion	-4.5%
Mercadolibre (Nasdaq:MELI)	$4.05 billion	-3.2%

Forex Broker Summary: UFXMarkets

After a precipitous drop of 20.4%, Mellanox (Nasdaq:MLNX) is now trading at a share price of $78.08. This morning, the company is trading a volume of 4.6 million shares.

WESCO International (NYSE:WCC) is trading at $65.29 per share, a significant rise of 14.2%. So far today, the company's volume is 2.5 million shares, whereas yesterday, volume was only 985,963 shares.

Rising 7.6%, NetScout Systems (Nasdaq:NTCT) is currently trading at $25.41 per share. So far today, 462,184 shares have changed hands. This is 2.1 times the current three-month average.

Lam (Nasdaq:LRCX) is at $35.96 per share after an increase of 7.1%. So far today, the company's volume is 4.9 million shares, 1.4 times the average daily volume.

Progress (Nasdaq:PRGS) is up 5.1% to reach a current price of $19.09 per share. So far today, 395,726 shares have changed hands.

Danaher (NYSE:DHR) has decreased to $53.56 per share, a 4.5% fall. So far today, 7.2 million shares have changed hands, above yesterday's volume of 4.7 million shares.

Mercadolibre (Nasdaq:MELI) is down 3.2% to reach $88.74 per share. The company's volume for the day so far is 427,705 shares. This is 0.8 times its current three-month average.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.