Paul Shread

With backing from the CIA and praise from a prominent analyst, Decru hopes to capitalize on the growing concern about data at rest with its next-generation storage security appliance for network-attached storage (NAS). The Decru DataFort E510 updates the E440 model that began shipping a year ago. This year’s NAS model adds new features to […]

A powerful bounce today. So is it the start of something? Given that it’s the first day of the quarter – with new money coming in – we’re going to remain skeptical for now. The market had an even bigger bounce on Oct. 1 last year, only to find itself about 10% lower 10 days […]

All news was good news on Wednesday, as investors got the fourth quarter off to a rousing start. IBM climbed 2.3% on an a big outsourcing win. Palm surged more than 6% on a new product lineup and a rosy sales outlook. Cirrus rose nearly 11% after boosting its guidance. The broader market soared despite […]

So much for yesterday’s bounce being the start of something. However, a number of positives remain: the equity put-call ratio was very high at .95 today, the NYSE internals held up well, and the decline has seen no expansion of new lows. With tomorrow being the first of the month, we wouldn’t be surprised to […]

A nice-looking bounce today suggests that more upside is possible, and put-buying remained fairly active for an up day, another positive. The negatives were declining volume and unimpressive upside volume, which suggests for now that the bounce is corrective, and we still have bearish “three black crows” formed last week that remain very much in […]

Gracefully streamlined and beautifully proportioned, the mako is the quintessential shark. Staking a claim as the world’s fastest shark, the mako backs up its pure speed with equal doses of power and ferocity – it also happens to be one of the meanest-looking animals on earth. Quantum unveiled the new “MAKO” PX720 tape library today […]

Stronger than expected chip sales and positive analyst comments about chip equipment stocks gave the market a much-needed boost on Monday. The Semiconductor Industry Association said chip sales jumped 4% in August, the sixth straight monthly gain, led by demand in the consumer, computer and wireless sectors. Prudential said channel checks indicate that sales at […]

Some good news today: we finally got some put-buying, which means investors are finally showing a little fear. That’s a hopeful sign for next week. A negative, though, is the bearish “three black crows” that formed on the indexes the last three days, most notably in the Nasdaq (first chart below). A bounce often follows […]

Research In Motion continues to defy gravity. During a week in which the Nasdaq fell more than 100 points and high-flyers lost big, Research In Motion hit a new 52-week high after raising guidance for the second time this month. The company raised third-quarter earnings estimates to 14-20 cents a share – analysts were expecting […]

It seems that every day brings a new storage start-up boasting of great technology, hoping to compete against the likes of EMC and other storage giants. The market can’t possibly be big enough for all of them, can it? It can’t. A new report by early-stage venture capital firm Crescendo Ventures looked at 456 storage […]

September may yet live up to its reputation as a month to spend on the sidelines. A nugget from Robert Colby’s Encyclopedia of Technical Market Indicators: over the last 100 years or so, exiting longs and selling short every year on September 5 and buying on October 27 would have been a profitable strategy that […]

Eastman Kodak added to the stock market’s woes Thursday when it slashed its dividend and announced a historic shift to digital imaging. Kodak’s stock, a Dow component since 1930, plunged 18% on the news and weighed on a market already reeling from currency concerns and rising oil prices. The news also pressured HP , off […]