The

technology

sector closed the day down 2.9%.

Camelot Information Systems Inc

(

CIS

),

Applied Energetics Inc

(

AERG

),

Glu Mobile Inc

(

GLUU

), and

Energy Conversion Devices Inc

(

ENER

) were all decliners today within the technology sector with

Yahoo Inc

(

YHOO

) being today's featured technology loser. Yahoo Inc fell 35 cents (-2.4%) to $14.19 on light volume. Throughout the day, 19.2 million shares of Yahoo Inc exchanged hands as compared to its average daily volume of 33.8 million shares.

Yahoo! Inc., together with its consolidated subsidiaries, operates as a digital media company that delivers personalized digital content and experiences, across devices and worldwide. Yahoo Inc has a market cap of $18.6 billion and is part of the

internet

industry. The company has a P/E ratio of 16.8, equal to the average internet industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 12.6% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates Yahoo as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself.

On the positive front,

Memsic Inc

(

MEMS

),

Liquidity Service Inc

(

LQDT

),

Nexxus Lighting Inc

(

NEXS

), and

Socket Mobile Inc

(

SCKT

) were all gainers within the technology sector with

Ultra Clean Holdings Inc

(

UCTT

) being today's technology sector Leader Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider

Technology Select Sector SPDR

(

XLK

) while those bearish on the technology sector could consider

ProShares Ultra Short Technology

(

REW

).

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