Category: Tech Stocks
The analysis published under this category are as follows.
Tuesday, November 18, 2008
What's ahead for Apple (AAPL), A Stock Worth Shorting? / Companies / Tech Stocks
By: INO
I was looking over several charts this past weekend and I was shocked to recognize a chart formation playing out before my very eyes. I've seen this same formation a million times before, but I just didn't want to believe it could be happening to my favorite stock, Apple (NASDAQ_AAPL). Some would call this denial. Read full article... Read full article...
Sunday, November 16, 2008
Broadband Penetration: The Next Big Infrastructure Investment Boom / Companies / Tech Stocks
By: Investment_U
David Fessler writes: As is usually the case, I'm sitting here writing from my comfortable home office in rural northeast Pennsylvania. I often marvel at the fact that even from my remote location, I'm able to do research and submit copy over a broadband connection.
Of course, 20 years ago we never would have thought of broadband penetration as a necessary component to our nation's infrastructure. Back then most of us interacted with our televisions far more than with our computers.
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Friday, November 07, 2008
Yahoo Microsoft Deal- Yang Plus Yahoo Equals Yikes! / Companies / Tech Stocks
By: Mike_Stathis
This is the first time I've written anything about the Yahoo-Microsoft deal because I typically don't allow myself to get distracted by noise. In fact, I've been receiving numerous email requests for more articles. My response is that I do not feel the need to pump pieces out on a daily basis because I have no time for soap operas. The fact is that there really isn't anything new in the economy as far as I am concerned. I've said all that needs to be said. Just read my archives. Read full article... Read full article...
Friday, November 07, 2008
Nasdaq Q's Stock Market Rally Expected / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The Q's (NASDAQ: QQQQ) should be concluding the plunge from Tuesday's pre-election peak at 34.01 in the 30.70-30.20 target zone prior to a potent (perhaps very brief but violent) recovery rally period that should propel the Q's to at least 32.00 in the hours directly ahead. At this juncture, only continued weakness that breaks 30.00 will argue that the Q's just might be heading to fill the gap under 29.00 before the next rally.Read full article... Read full article...
Friday, October 17, 2008
Higher Near-Term Target for Nasdaq Qs / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Looking at the Q's (Nasdaq: QQQQ) from a near-term pattern and momentum perspective, the action during the past week could represent a double bottom in the making (around 29.30) or the conclusion of a significant downleg at yesterday's low (29.25) followed by the start of a potent recovery rally period. In either case, my work points higher to a minimum near-term target of 33.50 and then to test the Sep-Oct down trendline in the vicinity of 35.00/20. (11:55 am ET, $32.32).Read full article... Read full article...
Monday, October 13, 2008
Nasdaq Q's Completes Initial Upleg? / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The pattern carved out by the Q's (Nasdaq: QQQQ) off of Friday's low at 29.38 into the 33.63 high today (so far) has the right look of a completed initial upleg -- ahead of a pullback that should re-enter this morning's up-gap between 32.30 and 31.40. Only continued strength that hurdles 34.00-34.20 will argue that the current advance has considerably more power than I am willing to ascribe to the upmove off of Friday's low.Read full article... Read full article...
Friday, October 10, 2008
Nasdaq Q's Capitulation Lows? / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
So, the $64,000 question is whether or not we saw THE capitulation low during the first 20 minutes of trading this morning, or one of a series of capitulation lows that will be forthcoming in the upcoming hours/days? Let's be aware that all of the major indices remain in negative territory on the session, which eliminates Read full article... Read full article...
Wednesday, October 08, 2008
Nasdaq QQQQ Trends Remains Bearish / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
In a few of my recent updates in the Q's (NASDAQ: QQQQ), I mentioned an optimal next trading target zone of 33.00 to 31.50. With this morning's low at 31.35, I am on alert, watching the pattern development off of the new low in an effort to determine if the Q's are a high confidence buy (yet). With that in mind, let's notice the near-term declining tops line off of yesterday's mid-session peak prior to the last hour plunge.Read full article... Read full article...
Friday, October 03, 2008
Nasdaq Q's Recover / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
After pressing beneath the lower channel line yesterday, the Q's (NASDAQ: QQQQ) have recovered and now are trading above the lower support plateau (37.00) in what so far is classic reversal behavior using channel analysis. Now the Q's need to hurdle and sustain above the first important resistance level at 38.00/20 to elevate my technical confidence for a meaningful upside reversal. However, to trigger significant reversal signals, the Q's must hurdle and sustain above 39.00/30 to complete a Sept-Oct double bottom at 36.75 (9/29) and 37.02 (10/2). For now, ahead of the "The Vote," I am still watching the unfolding micro pattern.Read full article... Read full article...
Wednesday, September 17, 2008
The Billion Dollar Domain Name Babies / Companies / Tech Stocks
By: Naseem_Javed
The latest ICANN plan to allow the global populace to assemble an entire domain name like www.yourname.yourname as their free-choice is a revolutionary and timely decision. This now open doors to cyber-brands like my.ibm, hotel.dubai, it.jobs, play.poker, fly.gulf or go.dell and applicants will submit a non-refundable fee of $100-500K USD for each name idea and the businesses are already jumping to get started. Read full article... Read full article...
Tuesday, September 02, 2008
Nasdaq Q's Trying to Break out of Dowtrend / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
After 90 minutes of trading, let's notice that the Q's have put in an intraday high so far at 47.07 which is right at the down trendline off of the 8/15 high, and which preserves the down-channel as well. From a strict technical perspective, as long as the 47.00 to 47.30 resistance zone continues to put a lid on strength, the near-term downtrend from mid-Aug will remain the dominant direction. Should the Q's continue to slide, a break below 46.30 will argue that the bulls have given up today's attempt to reverse and to sustain near-term trend direction.Read full article... Read full article...
Friday, August 29, 2008
Nasdaq UltraShort Q's New Upleg / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The UltraShort QQQQ ETF (AMEX: QID) has hurdled Tuesday's recovery high at 42.32 (as the Q's broke below Tuesday's low at 46.12), which my pattern and momentum work argues is the initial confirmation of the start of a new upleg in the QIDs (downleg in the Q's). Next near-term target for the QIDs is 43.00/20.Read full article... Read full article...
Friday, August 29, 2008
Nasdaq Q's Nearing Completion of Recovery Rally / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
My hourly pattern work is starting to warn me that the Q's (Nasdaq: QQQQ) are nearing the completion of its 3-session recovery rally. Where is the peak? I come up with a target window of 47.19 to 47.57, both of which are located beneath the prior significant recovery rally peak at 47.68 (8/22). As long as 47.68 remains a viable prior high, I will consider the action off of the 46.12 low (8/26) as a countertrend move ahead of the next downleg and within the dominant bear trend. A decline beneath 46.95 will begin to compromise the current rally effort.Read full article... Read full article...
Thursday, August 21, 2008
Competition Forces Ebay to Cut Fees By 70% Whilst Insiders Exercise Options / Companies / Tech Stocks
By: Mike_Shedlock
Competition for customers between eBay (EBAY) and Amazon (AMZN) is heating up. In an attempt to win market share EBay Cuts Fixed-Price Fees More Than 70% , Maintains Forecast.
EBay Inc., the world's largest Internet auctioneer, lowered fees for listing fixed-cost items by more than 70 percent to attract additional sellers and compete with Amazon.com. EBay said the changes won't affect its annual earnings projection.
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Monday, August 18, 2008
Nasdaq Potential Near-Term Double Top Pattern / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The Q's (Nasdaq: QQQQ) failed to push higher than 48.51 this morning prior to pivoting to the downside into a press to 47.85 so far. Although the selling pressure does not appear to be much at this time (vacation week?), the action nonetheless leaves behind a potential near-term double top formation with last Friday's high at 48.55. The ability of the bears to keep the Qs beneath 48.00/10 will strengthen the prospect of a near-term peak and the likelihood that the post 8/04 upleg is complete.Read full article... Read full article...
Tuesday, July 29, 2008
Nasdaq Q's Testing Key Resistance / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The time of truth for the Q's (NASDAQ: QQQQ), which have spiked to the upside off of yesterday's pivot low at 44.21, and are nearing a test of key resistance between 45.60 and 46.00. If hurdled, the Q's will breakout of a month-long base pattern that will trigger potential to a minimum projected target of 47.80-48.20. A downside violation of 44.20 will wreck the entire rounded base pattern and argue for a retest of the July low.Read full article... Read full article...
Friday, July 18, 2008
Nasdaq holding up After Negative Reaction to Google Earnings / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Under the circumstances, with negative reaction to GOOG and MSFT, the Q's (Nasdaq: QQQQ) are not acting all that poorly. In fact, the GOOG massacre last yesterday pressed prices right to the 50% support plateau of the most recent rally from 43.30 to 45.82, but has since recovered into the 45.00/10 area.Read full article... Read full article...
Tuesday, July 08, 2008
Profit from Asia's E-Commerce Boom / Companies / Tech Stocks
By: Money_and_Markets
Tony Sagami writes: MasterCard knows a thing or two about consumer spending, so I pay close attention to what the credit-card giant has to say about spending patterns. Such information often helps me connect the dots in identifying big picture trends, which can prove to be quite lucrative.
And the latest study from MasterCard, which examined Asian e-commerce trends, looks like the mother lode! There are going to be some big, big winners out there.
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Wednesday, June 11, 2008
NASDAQ Q's Signaling Break of 50 DMA Support / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
As we speak, the Q's are pressing against their sharply rising 50 DMA (47.73), which if violated and sustained, likely will trigger additional weakness that projects prices into the 46.50 target area. HOWEVER, usually, a 4 day decline (off of the 6/05 recovery high at 50.61) will NOT be able to generate enough power to violate a sharply upward angled 50 DMA that has been gaining momentum for the past 10 weeks.Read full article... Read full article...
Monday, June 02, 2008
Nasdaq Ultrashort QID in Emerging Double Bottom? / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Today's strength in the QID (weakness in the Q's) has left behind a pullback low on Friday at 37.06 that has the look of the secondary low of a potential Double Bottom with the 5/19 low at 36.84. The top of the "W" pattern resides at a Double Top of 40.93 (5/07 & 5/23), which the price structure appears to have started to travel towards this morning. Actually, I am viewing the 40.00-41.00 area either as the "upside breakout plateau" or the "ceiling" on the developing pattern. Based on my near- and intermediate-term work, by the end of the week the QID should provide us with clues about the efficacy of the emerging Double Bottom.Read full article... Read full article...