Paul Shread

The market continues to look vulnerable to at least a brief pullback here, as Dow 14,000 and the S&P’s March 2000 high of 1552.87 continue to give the bulls trouble. We’d like to see 1532-1540 hold on the S&P (first chart below) on any pullback, while 1556 has now stopped the index for three straight […]

Intel and Yahoo posted solid quarterly results late Tuesday, but they left investors wanting more, as shares of both companies traded lower after hours. Intel’s earnings of 22 cents a share and sales of $8.7 billion were much better than expected, and current quarter sales guidance of $9.1-$9.6 billion was in line with estimates, but […]

Unlike the launch of Oracle 10g four years ago, Oracle didn’t place much emphasis on grid capabilities in its 11g launch last week, but Oracle users report big strides for grid technology among their ranks nonetheless. The Independent Oracle Users Group (IOUG) surveyed its worldwide community of more than 20,000 Oracle technology professionals earlier this […]

Dow 14,000 and the S&P’s March 2000 high of 1552.87 continue to give the market trouble, and with the broad list leading the way lower while the Dow edges higher, the market could be setting up for a pullback here. Support on the S&P (first chart below) is 1532-1540, while 1556 is providing some resistance […]

Stocks were mixed Monday ahead of earnings reports from some of the biggest names in technology. Intel and Yahoo will report their quarterly results after the close on Tuesday, followed by eBay on Wednesday, and Google , Microsoft , IBM and AMD on Thursday. That lineup should give investors a good sense of the current […]

The S&P 500 set a new all-time high Friday on strong earnings from GE and a jump in consumer confidence. Merger mania also helped continue the market’s run, on speculation that Dow component Alcoa will be next. The big-cap index eclipsed its March 2000 intraday high of 1552.87 and reached 1555.10 before pulling back to […]

Note: The Technical Analysis column will return on Friday. The S&P’s all-time intraday high of 1552.87 remains a huge obstacle for the market. On one hand, it’s a positive that the market hasn’t staged a wholesale retreat from these levels, but that could also be holding the market back — we haven’t had enough of […]

Stocks plunged Tuesday on warnings from Sears and Home Depot and continuing housing market woes, but a few tech stocks managed to buck the downtrend. Apple gained 1.5% on reports that it may be developing a cheaper iPhone, but the news couldn’t help iPhone partner AT&T , which got hit along with Verizon on worries […]

CommVault has overhauled its flagship data management software and given it a new name. Simpana 7.0, formerly called QiNetix, now includes features such as single-instance storage, security and encryption, and search, discovery, indexing and classification, along with a Web-based interface for users to access all that unified data. The services can be performed before or […]

The Dow and S&P (first two charts below) continue to approach the top of a two-month trading range in very uninspiring fashion. They could set new highs here, but they’ll be vulnerable to a pullback unless they can do so convincingly. The Dow faces resistance at 13,692-13,700, and support is 13,570 and 13,500. The S&P […]

The Nasdaq notched its fourth straight multi-year high Monday despite a profit warning from Lexmark . Lexmark shares fell 6% after the company said earnings will come in well below estimates, squeezed by pricing pressures and development costs. The news also weighed on shares of printer rival and Dow component HP . Lexmark will report […]

The Dow and S&P (first two charts below) are nearing the top of a two-month trading range, but they’re sure not showing the kind of strength they’ll need to break out of it. On the plus side, the Nasdaq (third chart) has already broken out, so if the techs are a leading sector, the big […]