Google, Tech Stocks Post Modest Gains
Stocks had little to show for a day of rocky trading on Friday.
Google (NASDAQ: GOOG) and the stock market spent a lot of time going nowhere on Friday.
Google started the day lower after posting strong earnings and lower than expected sales and issuing a cautious outlook. The stock rallied 3% to its highs of the day 30 minutes later, then spent the rest of the day trying to hang onto…
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Метки: Google, Juniper, Quantum, stock market, stocks
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ERP |
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Intel Drags Chip Stocks Lower
Intel sees a bottom in PC sales, but it's the rest of the stock market that benefits.
The stock market rebounded on Wednesday, but chip stocks were left behind on a mixed outlook from Intel (NASDAQ: INTC).
Intel shares slumped 2.4% after the company called a bottom in the PC market but issued a cautious outlook for the second quarter.…
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Метки: Google, Intel, Nokia, stock market, stocks
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ERP |
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Intel Sees a Bottom, but Investors Have Doubts
Intel makes a bold call, but the company's guidance leaves room for doubt.
Intel (NASDAQ: INTC) called a bottom in the PC market late Tuesday, but investors acted like they didn't believe it.
Intel posted first-quarter earnings and sales that were down significantly, yet still managed to beat expectations.
But the biggest news was an accompanying statement by CEO Paul Otellini that read, “We believe PC sales bottomed out during the first quarter…
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Метки: eBay, EMC, Intel, stock market, stocks
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Technical Analysis: Rally Hits a Big Level
If stocks are trying to bottom, they're doing all the right things.
A very nice-looking rally, but so far it's nothing more than a retest of old support that's now broken. And that makes this level the biggest resistance that the rally will face.
Returning to our analysis of the 1966 to 1974 bear market (see first chart at bottom), after breaking through the prior bear market lows (in this case, the…
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Метки: stock market, stocks
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