Now that today’s close is firmly in place, we have a potential game-changer in terms of the technical structure. The monthly chart also shows a major bearish development Let’s look at the current S&P 500 chart closely to see what this means. S&P 500 Daily: Not a whole lot has changed on the daily structure, provided you note that today’s price marked a fresh 2008 int...
Results 1 - 10 of 290 for "SYSTEMS"
Filed under: Products and services, Walt Disney (DIS), Media World, TechnologyFor movie lovers, one of the things that matters almost as much as a movie story line, is the picture and sound quality. Up until recently, there was little question as to where you needed to go to get the best video possible for a movie -- your nearest Imax theater. But recently, Imax has been under pressure from adv...
Filed under: Analyst reports, Google (GOOG), Apple Inc (AAPL), Cisco Systems (CSCO), Hewlett-Packard (HPQ), Research in Motion (RIMM), TechnologySean Udall is a Minyanville contributor.Interesting article on Hewlett-Packard (NYSE: HPQ) beating Apple (NASDAQ: AAPL) to the "touch" with regard to providing a touch screen interface on a computer. It's certainly a worthwhile read. However, I've long...
Filed under: Oil, RecessionAs any experienced trader will tell you, the goal is to cut your losses and let your winners ride. Automated trading and algorithms have removed much of the subjective component from trading, but there are still trading firms and systems that rely on human judgment.Pride and oil-long positions don't mixThat component can lead to outsized gains but also large losses, t...
For Sun Microsystems (JAVA), it has come down to this: the stock is now trading for the net value of the cash and investments on its balance sheet. As of September 30, the company had $2.63 billion in short-term cash and investments. Add in $490 million in long-term investments, and back out $694 million in long-term debt, and you get net cash of $2.486 billion. JAVA shares today have dropped a...
The FOMC Minutes from the late October 2008 meeting are out, and as you can imagine it is far more somber than any minutes in recent years. The worse thing is that the projections look pretty bad, and we do not even think they are being objective enough. If you don't think this is a recession or a depression just read through the full minutes. You will see a recession and you might get depress...
Largest moves always at the beginning and the end David Skarica, author of the Addicted to Profits newsletter, gives The Gold Report an exclusive preview of coming market attractions including double-digit inflation, a super pop in gold stocks, and the demise of an empire. A financial advisor who earned his reputation as a contrarian before he turned 30 by predicting the dot.com bust, Skarica w...
Friedman Billings Ramsey solar analyst Mehdi Hosseini this morning cut his 2009 EPS estimate for First Solar, asserting that the company’s new U.S. strategy of entering the distributed, rooftop segment - as opposed to the utility market - is “already facing headwinds.” Hosseini cut his 2009 EPS estimate to $6.90, from $7.08; for 2010 he goes to $6.61, from $7.68. (Yes, he now ...
Goldman Sachs this morning added Research In Motion (RIMM) to the firm’s Conviction Buy list, replacing Cisco Systems (CSCO), which still remains Buy rated. The company also removed Riverbed (RVBD) from its Conviction Sell list, while maintaining its Sell rating. “For RIMM, we want to take advantage of the stock’s very compelling valuation and upcoming catalysts, including to ...
This morning, Goldman Sachs has made two key technology changes to its Conviction Buy List. Research-in-Motion (NASDAQ: RIMM) was added to the praised list, and its price target is $68.00. Cisco Systems (NASDAQ: CSCO) was removed from the Conviction Buy List. RIMM is up over 1% pre-market, while Cisco is down over 1% before the open. Riverbed Tech (NASDAQ: RVBD) removed from the Conviction Sel...