Category: Tech Stocks
The analysis published under this category are as follows.
Tuesday, May 06, 2008
Nasdaq Q's Correction Ends / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
I have very preliminary signals that the decline from Friday's high at 49.29 in the Q's (NASDAQ: QQQQ) ended this morning at 48.14. If accurate then the Q's should NOT violate 48.14 on any ensuing weakness and instead should continue higher towards a retest of last Friday's high at 49.27 on the way to new multi-month recovery highs projected into the 50.00/40 target zone.Read full article... Read full article...
Wednesday, April 30, 2008
Set Yahoo Free! / Companies / Tech Stocks
By: Alex_Epstein
Yahoo! ( YHOO ) recently released its first-quarter earnings numbers, and neither the market nor analysts were impressed. What will be the company's next move? Multiple suitors claim that they can leverage Yahoo!'s online products and talented employees better than Yahoo!'s widely criticized management is doing. The leading bidder is Microsoft ( MSFT ), whose $40 billion offer it is prepared to take directly to Yahoo! shareholders via a proxy fight. Other proposals said to be in the running are an advertising collaboration with Google, a merger with AOL, and a possible deal involving News Corp (including MySpace). Read full article... Read full article...
Thursday, April 03, 2008
Minor Pullback in Nasdaq Appears Complete / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The Q's (NASDAQ: QQQQ) appear to have finished a minor pullback off of yesterday's high at 46.01 into today's low at 45.14 and have turned up sharply after absorbing and/or shaking off the negative news about jobless claims. The fact that prices have turned up sharply AHEAD of tomorrow's Employment Report is very interesting -- and dare I suggest provocatively bullish action.Read full article... Read full article...
Monday, March 24, 2008
New Recovery Upleg Signalled for Semi-Conductor Holder Stocks ETF / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Breakout above 30.00 for the Semiconductor HLDRs (AMEX: SMH) is a very constructive sign and should signal the emergence of a new recovery upleg off of the January low at 26.54 that projects to the 31.50-32.00 target zone next. Components ADI, INTC, AMAT, NSM, among others, exhibit very positive chart patterns that should help propel the SMH higher in the days ahead.Read full article... Read full article...
Tuesday, March 11, 2008
Nasdaq Q's Have More Room to Advance / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Earlier when the Q's (NASDAQ: QQQQ) were at 41.60, they had retraced just about 50% of the entire upmove from yesterday's low at 40.98 to this morning's high at 42.19, which is where they held and turned back to the upside. The initial upside exhibits bullish form, while the intraday weakness exhibits corrective form and tells me (so far) that the Q's have additional upside remaining prior to the completion of a larger developing recovery rally period. My sense is that the Q's are only partially finished with the advance, and that they will thrust towards a test of 43.00 in the upcoming hours.Read full article... Read full article...
Tuesday, March 04, 2008
NASDAQ at Bargain Buy Levels or On the Edge of a Crash? / Stock-Markets / Tech Stocks
By: Marty_Chenard
1. Is the NASDAQ 100 at a great bargain level?
2. Or, is it at the edge of a potentially perilous drop?
To get the answer, we have to look at a "long term", 10 year view of where it is now and how it is performing.
Read full article... Read full article...
Friday, February 29, 2008
Digestion Period for Nasdaq Q's Ahead of Break Higher? / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Thus far, the Q's (NASDAQ: QQQQ) have managed to plunge from the top of the coil pattern (44.50) to the bottom of the coil pattern (43.15). Apart from the volatility exhibited within the range, let's notice that for the past two weeks, rallies have failed at roughly the same price, which have created a horizontal top plateau at 44.50, which is juxtaposed against a series of rising lows. The vast majority of the time, a "flat top" versus "rising lows" resolves itself with the price structure pushing above the flat top. Read full article... Read full article...
Wednesday, February 27, 2008
Semiconductor Stock Turn Higher / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
During the past three sessions, the Semiconductor HOLDRs (AMEX: SMH) has climbed above key near-term prior high and trendline resistance at 29.60/80, and has continued still higher towards a test of its February recovery rally peak at 30.24.Read full article... Read full article...
Saturday, February 09, 2008
Holding Nasdaq Long Position Over the Weekend / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
I am not sure what to make of the intraday action in the major equity market ETFs, other than they are curiously quiet -- on the downside with apparently no buying interest ahead of the weekend. Is today's final hour of trading going to be similar to the last 4 out of 5 Fridays? That is, acute weakness into the closing bell? For one, it seems too obvious, and too quiet to me to argue for such a late session decline.Read full article... Read full article...
Wednesday, January 30, 2008
Nasdaq Bullish Ahead of Fed Interest Rate Decision - Long the QQQQ's / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
So far the first hour of trading has expanded the "inside triangle" in the Q's (Nasdaq: QQQQ) towards a test of yesterday's high at 44.72, which so far has contained the early strength. In the aftermath of the minor rally from 44.00 to 44.61, micro support on any pullback now becomes 44.40, then 44.20/00, which must hold to avert a decline that expands the trading range to the downside (a nasty whipsaw that could in fact be in the cards ahead of, and possibly immediately after, the FOMC decision). For the time being, I will remain long, looking for additional strength that pops the Q's above 44.72 on the way to 45.00 before Fed time.Read full article... Read full article...
Tuesday, January 22, 2008
Long Nasdaq 100 Trust Shares - The Fed Rate Cut Must Succeed! / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
So why am I net long the market here, in the form of the Q's -- Nasdaq 100 Trust Shares (Nasdaq: QQQQ)?Read full article... Read full article...
Monday, January 07, 2008
NASDAQ Rally Missing Momentum / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
If the Q's (NASDAQ: QQQQ) are on the verge of a major upside reversal, then shouldn't the buying power motor prices above the relatively minor near-term resistance between 48.50 and 48.65 into a confrontation with the 200 DMA at 48.88? Thus far, although the Q's have recovered most of this morning's follow-through decline, the underlying "umph" appears to be missing -- at least for the time being, which leads me to continue to look for another loop to the downside that retests and likely breaks this morning's low at 47.43 -- on the way to my optimal intermediate-term target zone of 46.50/00.Read full article... Read full article...
Tuesday, December 11, 2007
Nasdaq in Post US Rate Cut Announcement Correction / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
So far the Q's (NASDAQ: QQQQ) are following the 25 bps script…entering a correction on expected, disappointing news from the FOMC, amidst extremely optimistic sentiment. Let's notice that the price structure is approaching a test of the Nov-Dec support line, now at 51.90, which my work argues will be violated on the way to at least 50.50 thereafter.Read full article... Read full article...
Wednesday, December 05, 2007
Bullish Profile for the Nasdaq Q's / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
The Q's (NASDAQ: QQQQ) exhibit a very bullish profile for the session and appear to be ready to resume strength into the final hour of trading after a period of two-way trading during the noon to 2 pm period. Should strength resume during the final hour, the pattern argues for a run at last Friday's high of 52.26. Only a decline that violates 51.00 will compromise the developing pattern.Read full article... Read full article...
Saturday, December 01, 2007
DELL Falls on Positive Earnings But High Price to Book Ratio / Companies / Tech Stocks
By: Brady_Willett
DELL reported positive results after the bell yesterday, with quarterly earnings and revenues rising by 27.5% and 8.5% respectively compared to last year. However, with per share earnings missing analyst estimates and operating margins sliding to 5.29% (from 6.1% in 2Q08), shares traded sharply lower after hours. While DELL may or may not be able to keep its turnaround/restructuring story alive, it is becoming increasingly obvious that the supergrowth days of the late 1990s are gone. Moreover, given that DELL's share price continues to be obscenely priced compared to book, it is also clear that shareholders still see something in DELL that I am missing. Is it really worth paying $63 billion for something that is worth $6.8 billion on paper?
Read full article... Read full article...
Wednesday, November 28, 2007
Apple Probing Break of Key Resistance / Companies / Tech Stocks
By: Mike_Paulenoff
Apple (NASDAQ: AAPL) is probing key resistance at 180-181, which if hurdled should trigger upside follow-through to 182.50 immediately, and then to 185.00. My near-term work argues in favor of a pop to 182.50, after which I will have to reevaluate the strength of the underlying pattern.Read full article... Read full article...
Thursday, November 22, 2007
Expecting Double Bottom For Nasdaq Tek Stocks / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
It takes me about 10-12 minutes to prepare one of these chart + text uploads... and lately, I cannot type fast enough to get the thing done before prices are completely out of the range from 12 minutes ago... In this particular case, the Nasdaq 100 Trust Shares (NASDAQ: QQQQ) rallied 20 cts in the past 12 minutes, as we head into the final hour of trading... Let's see if the gains can be preserved for more than a few minutes...Read full article... Read full article...
Saturday, November 17, 2007
Is the NASDAQ Bull Market Over? / Stock-Markets / Tech Stocks
By: Hans_Wagner
Recently, the NASDAQ has been outperforming all the other indexes including the DJIA and the S&P. However, the recent pull back in the market raises the question are we seeing another buyable low in the NASDAQ or is this the start of a more significant move down. Let's look at a couple of charts to see what they might tell us. Read full article... Read full article...
Thursday, November 01, 2007
Nasdaq Falls to Support Trendline, Will It Hold? / Stock-Markets / Tech Stocks
By: Mike_Paulenoff
Isn't it amazing that the Q's (NASDAQ: QQQQ) can decline right to a near-term support line, currently 54.25 or so, and hold right there? And this is happening while the other indices are breaking down! In any case, let's keep an eye on the Q's during the final two hours of trading to see if they can avert breaking important near-term support at 54.25 and possibly 54.05/00, which will (finally) inflict some damage to the near-term technical picture. If so, then the next target is 53.85.Read full article... Read full article...
Tuesday, October 30, 2007
Investing in the Technology Sector Stocks / Stock-Markets / Tech Stocks
By: Hans_Wagner
To beat the market investors need to be in the right sector and sub-sector. Money in markets tends to flow from one sector to another based on investors perceptions of what is fundamentally driving the underlying business. The basic theory behind sector rotation was described by Stan Stovell in Standard & Poor's Guide to Sector Investing 1995 (this is an expensive book). However, as I have discussed in previous articles on sector rotation, the movement of money is a bit more complex and not quite as straight forward. In this article I present a couple of the underlying themes that are driving the technology sector to help identify investing opportunities. Read full article... Read full article...