Category: Tech Stocks
The analysis published under this category are as follows.
Thursday, July 23, 2009
Apple the Hot Tek Stock Bucking the Recession / Companies / Tech Stocks
By: Money_Morning
Bob Blandeburgo writes: Is high-tech stalwart Apple Inc. (Nasdaq: AAPL) bucking the worst downturn since the Great Depression?
It sure looks that way.
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Thursday, July 23, 2009
eBay’s Slow and Painful Death Spiral / Companies / Tech Stocks
By: Mike_Stathis
Despite a big boost in shares in after hours trading, Wednesday's (disappointing) earnings for the online auctioneer represent a continuing trend that will not be broken anytime soon. Yes, they beat estimates, but this means nothing. Estimates have been revised downward over and over.
Monday, July 20, 2009
Semiconductor Sector Stocks Rally Leading the Way / Stock-Markets / Tech Stocks
By: Guy_Lerner
"The technical evidence suggests that "the bottom" is in for semiconductors. The potential for a secular trend change is there. If the general market gains traction - a big "if" here as I view the current market rally as a counter trend rally in an ongoing bear market - then it would not surprise me to see the semiconductor sector providing leadership."
Sunday, July 19, 2009
Charting Perspective - Upward Wedge Puzzle - Index revealed and more on the Technology Sector / Stock-Markets / Tech Stocks
By: Garry_Abeshouse
On July 6th 2009 I posted a charting puzzle concerning a USA Index, where I said:
"This index represents one of the most important market sectors in the USA and as you can see, it has an interesting history.
The price patterns displayed are well defined and the upward wedges on the daily chart are typical of ones common at the moment over a broad spectrum of the USA equity market.
Monday, July 13, 2009
Tech Sector Earnings to Pull U.S. Stock Market Higher / Stock-Markets / Tech Stocks
By: Money_Morning
William Patalon III writes: Stock investors will key next on earnings from tech giant Intel Corp. (Nasdaq: INTC) and banks including J.P. Morgan Chase & Co. (NYSE: JPM) for hints of what to expect in the third quarter -- and how badly the recession hurt businesses in the second quarter. The Standard & Poor's 500 Index and Dow Jones Industrial Average declined for the fourth straight week last week - the longest string of losses since stocks hit their low point in March - and investors are looking at the tech sector to squelch the ongoing decline.
Tuesday, July 07, 2009
Significant Low for Nasdaq Q's? / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The PowerShares QQQ Trust (Nasdaq: QQQQ) are approaching important near-term support between 35.00 and 34.75, which must contain forthcoming selling pressure to avert sell signals that will point to a retest of the May low at 32.96 next. The ability of the Q’s to hold above the 6/23 low at 34.77 will leave open the interpretation that all of the action off of the 6/11 high at 37.29 could be a correction of the May-June upleg (32.96-37.29) rather than a top formation.
Sunday, July 05, 2009
Teck Sector Plays Key Role in Economic Recovery / Stock-Markets / Tech Stocks
By: Money_Morning
Bob Blandeburgo writes: If the last three months are any indication, the U.S. tech sector has shaken off its recession-heightened late-winter doldrums, and could see its fortunes soar in the year’s second half as businesses and consumers open their wallets and the broader economy picks up speed.
Thursday, June 25, 2009
Completed Recovery Rally in Nasdaq Q's / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
If the larger pattern in the PowerShares QQQ Trust (Nasdaq: QQQQ) off of the June high at 37.29 to Tuesday’s low at 34.77 represents the initial downleg in an intermediate-term correction of the March-June advance, then all of the action off of this week’s low into today’s high likely represents a completed or very nearly completed recovery rally -- ahead of the start of another downleg to finish the larger pattern. If my pattern work proves accurate, then in the hour(s) directly ahead the Q’s should peak and roll over in the vicinity of 36.30/60, towards a retest of 34.77 –- on the way to 33.80/40.
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Friday, June 19, 2009
Larger Upleg Still Intact for Nasdaq Q's / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
When Goldman Sachs (GS) puts Microsoft (MSFT) on its Conviction Buy List, not only is it positive for the name, but perhaps it is very positive for big-cap technology, too, perhaps the kind of technology names imbedded in the NDX. Maybe GS is impressed with BING, which gives MSFT a new product that can and will effectively compete with Google (GOOG).
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Wednesday, June 17, 2009
Bullish on the Nasdaq Q's / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
With AAPL, GOOG, PALM, AMZN, MSFT, INTC, CSCO acting relatively well today, the NDX is outperforming the Dow and the SPX. Let's take a look at the pattern that has been carved out by the PowerShares QQQ Trust (Nasdaq: QQQQ).Read full article... Read full article...
Tuesday, May 26, 2009
Nasdaq Q's Bullish Congestion or Near-Term Top? / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The PowerShares QQQ Trust (NASDAQ: QQQQ) provide us with a very interesting price picture. What type of pattern is developing off of the May 7 high at 35.39 – a sideways bullish congestion area OR a near-term top? We don’t know just yet, but the morning’s inability to break below 33.00-32.96 support, followed by a powerful upside reversal, certainly suggests that the bulls are back in control and are pushing the Q’s towards a test of critical near-term resistance between 35.00 and 35.40, which if hurdled should trigger upside continuation towards 36.20/50 thereafter.
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Monday, May 18, 2009
Nasdaq Tech Stock Ciena Corp, Buy, Sell or Hold? / Companies / Tech Stocks
By: Money_Morning
Horacio Marquez writes: In last week's Buy, Sell or Hold I recommended Corning Inc. (NYSE: GLW), based on three factors:
Friday, May 15, 2009
Battle of the Tech Stock Giants, Apple vs RIMM / Stock-Markets / Tech Stocks
By: INO
It is the battle of the tech titans as both RIMM and APPL battle for the smartphone market share. Although Research In Motion is a well established tech giant as the creator of the BlackBerry, they may have hit a wall with Apple, Inc.'s launch of the phenomenally popular iPhone.
Friday, May 08, 2009
Nasdaq Q's on the Move / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The PowerShares QQQ Trust (Nasdaq: QQQQ) slowly climbs to the upside off of its two-day double-bottom formation at 33.88, towards another test of resistance up at 34.74 (this morning’s high). If the Q’s can claw their way above 34.74 – especially late in today’s session – I will be expecting a powerful upside follow-through that revisits this week’s high at 35.30, possibly on the way to my optimal next target at 36.20/50. At this juncture only a plunge beneath 33.88 will wreck the still constructive pattern.
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Tuesday, May 05, 2009
No Meanginful Damage (Yet) to Nasdaq Q's / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
A very quiet session so far, but a defensive one to be sure. The weakness has pressed the PowerShares QQQ Trust (Nasdaq: QQQQ) from 35.14 to 34.65, which in and of itself has NOT inflicted any meaningful damage to the dominant near-term uptrend off of the most recent pivot low at 32.01 (4/21). At this juncture, only additional weakness that sends the Q’s beneath 34.50/40 will begin to compromise the most recent portion of the uptrend and could press prices to 34.00-33.80 in a hurry. Conversely, as long as 34.65/45 contains forthcoming weakness, the bulls will remain in control, and the next upside target is 35.30/50.
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Tuesday, May 05, 2009
Intel Chart Breakout to Above $16 Per Share / Companies / Tech Stocks
By: DailyWealth
On March 13, we wrote how a rally in Intel's stock would lead us to believe things were getting "less bad" in the world.
Thursday, April 30, 2009
Who’s Right About The Tech Stock Sector? / Stock-Markets / Tech Stocks
By: Uncommon_Wisdom
Tony Sagami writes: Intel wants you to believe that its PC business bottomed out in the first quarter and is about to return to normal.
“We are seeing signs that a bottom in the PC market segment has been reached. I believe the worst is now behind us from an inventory correction and demand level adjustment perspective,” Chief Executive Paul Otellini said during a recent conference call.
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Wednesday, April 29, 2009
Nasdaq Q's Pushing Resistance / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Let’s notice that the PowerShares QQQ Trust (Nasdaq: QQQQ) is pushing up against the sharply declining 200-day moving average, now at 34.24, which if hurdled should trigger upside acceleration towards my next optimal target zone of 35.20/50. That will imbue the big picture chart of the Q’s with a similar very constructive look exhibited by Cisco (CSCO), per my posting from yesterday. I am still using 33.30 as my stop-reversal plateau.
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Wednesday, April 29, 2009
i-cloud The Worlds First Free Online Computer for Everyone / Companies / Tech Stocks
By: Pravda
The world’s first absolutely free online computer was launched on April 23, 2009. Swedish company Xcerion announced the launch of the unique system icloud in New York.
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Tuesday, April 28, 2009
Watching the 200 DMA on Cisco CSCO & the Nasdaq Q's / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Our model portfolio position in the PowerShares QQQ Trust (Nasdaq: QQQQ) has reversal stops at 33.27. Barring such a move to that level, the Q’s should consolidate between 34.00 and 33.30 ahead of another thrust that confronts the declining 200 DMA, now at 33.29. A sustained climb above the 200 DMA will be considered very technically significant, and will imbue the chart structure with a similar look to what Cisco (CSCO) looks like this morning. (See chart.) Cisco hurdled its 200 DMA, but let’s see if the price structure can sustain above the DMA into this evening’s close.
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