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Can Big Tech Hold Up The Market? Unlikely 27 Aug 2013 | 06:06 pm
As the oversold bounce in US equities ensued in the second half of last week, it was the big tech as represented by the Nasdaq 100, or the Powershares ETF (QQQ) leading the joy. Yesterday, Monday Aug...
Facebook Breaks To Fresh 52 Week Highs 26 Aug 2013 | 06:22 pm
Social media website Facebook Inc. (FB) last Friday August 23rd staged a beauty of a breakout of more than five percent, pushing the stock not only to a fresh 52 week high but a brand new all-time cl...
Stocks Nearing Bounce Territory 22 Aug 2013 | 06:02 pm
Last Tuesday, August 13th I discussed (HERE) that after such a steep run in stocks year to date a correction of 5% – 10% would be nothing unusual nor anything that longer-term investors would need to ...
Exxon Mobil, Oversold But Still Wobbly 21 Aug 2013 | 05:16 pm
Oil exploration and production giant Exxon Mobil Corporation (XOM) recently, in late July, bumped up against its long-time area of resistance around the $96.00 mark. What at the time may have looked ...
Qihoo’s Vertical Rally Continues 20 Aug 2013 | 06:02 pm
Chinese internet security software firm Qihoo 360 Technology Co. Ltd. (QIHU) had a choppy stock price for the first two years as a publicly traded company. After the March 2011 initial public offerin...
Semiconductor Stocks Feeling Heavy 19 Aug 2013 | 05:38 pm
Semiconductor stocks, given their early cyclical nature are a bunch that I watch closely for clues to the broader tape. After a major drop in the early part of the century thanks to the pop of the in...
How High Will Gold Bounce? 16 Aug 2013 | 04:47 pm
As gold continues its bounce off the late June lows, some investors are scratching their heads. With at the margin improving economic data both in the US and Europe and notably rising bond yields, sh...
Tesla Stock’s Waning Upside Momentum 15 Aug 2013 | 06:14 pm
Designer and manufacturer of high-performance electric vehicles, Tesla Motors, Inc. (TSLA) has stood on center stage for the momentum and trend-following investor crowd since at least May when the sto...
Would a 5% – 10% Correction Really Be So Terrible? 13 Aug 2013 | 07:57 pm
As trading action has slowed down thus far in August, I took some time yesterday afternoon to reflect back on the year to date price action in US stocks. The nothing short of pristine upside price ac...
Priceline.com, A Monster Rally Needs A Breather 13 Aug 2013 | 04:42 pm
The stock price of online shopping, name your price company Priceline.com Incorporated (PCLN) has displayed some wild swings over the past almost decade and a half. The stock peaked-out at $990 in A...
