Paul Shread

Microsoft rose after hours and eBay declined after both companies guided estimates lower. Stocks were mixed during the day after Wednesday’s steep losses. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 2 to 144, and the Nasdaq climbed 6 to 1652. The S&P 500 slipped 8 to 1068, and the Dow lost 69 to 9163. Volume declined to 1.26 […]

Assuming that a correction has begun, we’re going to calculate some potential downside targets for this move. In the last couple of years, the only two examples that came close to matching yesterday’s massive bearish engulfing candlestick on the Nasdaq were in January and April 2000, and led to short, sharp declines of 7%-20%. (See […]

Stocks were battered Wednesday on worries over corporate earnings and continued anthrax attacks. The ISDEX http://www.wsrn.com/apps/ISDEX/ fell 10 to 141, and the Nasdaq plunged 75 to 1646. The S&P 500 lost 20 to 1077, and the Dow fell 151 to 9232. Volume rose to 1.44 billion shares on the NYSE, and 2.28 billion on the […]

IBM and Intel painted differing earnings pictures last night, but traders are painting them with the same rosy brush this morning. IBM beat drastically lowered estimates by a penny and came in light on revenues, but traders bid the stock higher after Big Blue reaffirmed estimates for the fourth quarter. Intel met estimates, but warned […]

IBM and Intel rose after hours on Tuesday after meeting lowered expectations. During the day, the ISDEX http://www.wsrn.com/apps/ISDEX/ rose 5 to 151, and the Nasdaq climbed 25 to 1722. The S&P 500 rose 7 to 1097, and the Dow added 36 to 9384. Volume rose to 1.21 billion shares on the NYSE, and 1.83 billion […]

Market pundits have their work cut out for them today: how to explain the rally overseas and the positive tone in U.S. futures this morning. Some are saying the European rally is due to a prediction of an uptick in fourth-quarter semiconductor sales by Koninklijke Philips , but even the company’s own CFO says the […]

If IBM meets earnings estimates tomorrow night, the company will have Wall Street analysts to thank. Over the last month, analysts have dropped estimates on Big Blue by 6%, from 97 cents a share to 91 cents a share, and analysts were still lowering their numbers last week. All without the benefit of an earnings […]

Stocks recovered well off their lows on Friday after plunging on weak retail sales and an anthrax scare. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 2 to 146, and the Nasdaq added 1 to 1703. The S&P 500 lost 5 to 1091, and the Dow fell 66 to 9344 after having been down by more than 200 points. […]

Juniper Networks gave tech investors some rare good news after the close last night. The company topped 7-cent estimates with 10-cent pro forma earnings. However, on a GAAP accounting basis – the standard under which the company will report earnings to the SEC and be valued by data services – the company lost 9 cents […]

Juniper Networks surged more than 20% after the close on Thursday after beating estimates, capping another day of strong gains for stocks. The ISDEX http://www.wsrn.com/apps/ISDEX/ surged 11 to 143, and the Nasdaq soared 75 to 1701. The S&P 500 gained 16 to 1097, and the Dow climbed 169 to 9410. Volume rose to 1.67 billion […]

The perfect stock in this market is going to have a low valuation, low debt and lots of cash. Of the companies reporting earnings so far this quarter, there are some promising candidates. E*Trade is the most promising on a valuation basis, trading at about one times sales and book, and the company showed some […]

Yahoo and E*Trade rose after hours on earnings news, capping a strong day for stocks. The ISDEX http://www.wsrn.com/apps/ISDEX/ rose 5 to 131, and the Nasdaq surged 56 to 1626. The S&P 500 gained 24 to 1080, and the Dow climbed 188 to 9240. Volume rose to 1.3 billion shares on the NYSE, and 1.85 billion […]