Dec 10th, 2008 - The stock market held its gains of earlier today, although doubts about how financial companies are going to raise capital when their balance sheets are in complete disarray are prevalent on the street. The Dow was up 70 points and the Nasdaq up 18 points - thus providing some relative stability in...
(Read More) Dec 3rd, 2008 - It almost seems out of place – like a spritz of a lilly inching up through the crusted snow after a long winter – to report some good economic news these days.
But there it is, in the form of an investment forecast by the investment bank UBS that says the U.S. stock market will rise, and...
(Read More) Dec 3rd, 2008 - Both the Dow and the Nasdaq are flirting with positive territory today, thanks in part to one biotechnology stalwart, Amgen, which is up three points in trading.
Why? Well, the Street is getting excited about life sciences stocks again, as several research reports hit the street suggesting that...
(Read More) Nov 5th, 2008 - Uh-oh.
When Barack Obama promised change, this wasn't what Wall Street was hoping for.
The market was down, big time, today as investor came to grips with an Obama administration and its taxing impact on the investor class.
Today's Yahoo.com headline said it all: "Stocks fall as investors...
(Read More) Oct 15th, 2008 - Today's stock dive - over 700 points - is being linked directly to this month's retail sales number, which fell 1.2% for September. That's twice as much as analysts had expected.
Retail sales are of particular interest to the technology sector, which counts heavily on consumer spending to buy...
(Read More) Oct 10th, 2008 - At the end of trading today (Friday) it looks like the stock market won't end up in positive territory, but it will come close - an event every trader and investor on the planet planet will take in a Wall Street minute.
No rhyme or reason why, it just seems that the market is finally ready to...
(Read More) Oct 1st, 2008 - The stock market seems to be playing a waiting game with a Congressional bailout taking on a new shape in Washington. I’m hearing about a new bailout plan that would raise FDIC insurance limits from $100,000 to $250,000 and would include some kind of capital gains tax relief to ease pressure on...
(Read More) Sep 18th, 2008 - Some good news - rare good news - from the U.S. stock market late today as reports and rumors seem to point to a new U.S. government agency to assume and/or manage bad debts for financial services companies.
The new agency, similar to the Resolution Trust Corp of the early 1980's, which was used...
(Read More) Aug 17th, 2008 - Last week saw a potential top in commodities prices, as both oil and gold prices seem to have stalled out from their upward march in 2008. That should have spelled relief for the stock market, which has been down by 13% in 2008, as measured by the Dow Jones Industrial Average.
Yet, it didn’t....
(Read More) Aug 14th, 2008 - I've written about the importance of knowing your investments before you buy them. You might remember the story about Fidelity Magellan mutual fund legend Peter Lynch, who would spend his Saturdays walking around Boston looking to see where shoppers were spending their money. Then he'd invest...
(Read More) Jul 29th, 2008 - Information Week has a great piece out on how IT CEO’s are riding out the rough economy. Surely, the 266 hike in the Dow Jones Industrial Average today, thanks to lower oil prices and a report indicating increased consumer sentiment, should soothe the jangled nerves of even the most downcast...
(Read More) Jul 8th, 2008 - Looking for a “relief rally”? That’s what Wall Street calls a temporary lull in selling that could lead to a more sustainable uptick in broad-based stock prices.
Usually, it’s one industry that feeds the bounce-back and Kevin DePew, an analyst and editor at Minyanville.com, which tracks the...
(Read More) Apr 25th, 2008 - Harris Associates is typically one of the better value strategists out there - especially when it comes to finding value in technology stocks.
One reason is why is the stock-picking acumen of chief information officer David Herro. He was interviewed on Tech Ticker this morning and had some...
(Read More) Apr 23rd, 2008 - Tech stocks have been lagging along with the rest of the stock market so far in 2008, but its long-term prospects are much, much better.
So says Imran Khan, a JP Morgan senior analysts who specializes in the telecom and Internet markets. Khan is one of my favorite analysts and his argument that...
(Read More) Apr 17th, 2008 - I’ve been tough on Google this year, and with good reason. Part of what I do is write about how technology impacts the financial fortunes of companies and Google has been losing market share to the lousy economy and to other web portal developers in recent months.
Look at online advertising –...
(Read More) Apr 10th, 2008 - The roller coaster ride for tech stocks grew even wilder today, but in a good, adrenaline-rush kind of way.
The news is mostly all good, with Banc of America Securities issuing a report that boosted semiconductor companies, stating that "a modest inventory build-up has eased".
That's all...
(Read More) Apr 2nd, 2008 - It’s been a lousy first quarter for tech stocks but the outlook for the second quarter of 2008 looks brighter and shinier.
So say the investment gurus at Tech Ticker – specifically former Wall Street tech analyst Henry Blodget and Barons West Coast editor Eric Savitz.
Savitz says there are...
(Read More) Nov 14th, 2007 - Kind of a quiet day in the technology stocks world, which might be considered good news considering the drubbing the sector has taken this week.
Sun Microsystems was in the news, signing off on a Solaris 10 distribution agreement with Dell to make the Solaris Operating System and Solaris...
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