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Member Avatar for Brian.oco

The Nasdaq is down 43 points this morning, with Google (down $12) and RIMM (down $3) leading the charge down the hill, so to speak. I think we’re seeing the first symptoms of anther false bottom, which sounds incredible after hearing from so many experts on Wall Street that the …

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CNN’s Rick Sanchez is the latest victim of the “Twitter” curse. Sanchez, a CNN on-air anchor, reportedly fell victim to a phishing scam that could undermine the investment rationale for Twitter by big investors, one of the most popular social networking sites on the internet. In a “tweet” on Monday, …

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Oracle, Research and Motion and Palm are all releasing earnings statements today, and that should pick up momentum in what has been a fairly dormant technology trading week. The web site Tradingmarkts.com thinks the earnings news means opportunity in two technology-heavy exchange-traded funds (ETFs); Technology Select Sector (SPDR ETF XLK); …

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Member Avatar for Brian.oco

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 …

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Will the new iPhone chomp into Blackberry’s market share? Some thoughts on the subject are bubbling up on Wall Street, with the sentiment leaning toward Research in Motion, the company that manufacturers the Blackberry, being in good shape for the short term. After all, the iPhone is great if you’re …

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Member Avatar for Brian.oco

With the stock market down 300 points, once again thanks to high oil prices (now over $140 per barrel), technology stocks should be directly in the line of fire. But they’re not – and some big shot investors think the technology sector might even be a good defensive stop-gap until …

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Member Avatar for Brian.oco

RIMM and its ubiquitous Blackberry is back in the financial news this week, after Goldman Sachs raised its target price on the Research in Motion to $163 from $148. Why not? Cell phones, especially multi-functional ones like the Blackberry, are the bumper crop of this year's tech toy marketplace. And …

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