Paul Shread

CebaTech hopes to take the storage world by storm with a new end-to-end storage platform. The three-year-old firm says its CebaIP Platform offers an easy modular approach for design engineers to integrate features into their application-specific integrated circuits (ASICs) or field-programmable gate arrays (FPGAs). The company’s initial products will focus on data compression and encryption. […]

It took blowout earnings from the likes of Apple, Amazon and Microsoft, but the Nasdaq (first two charts below) is finally outperforming the broader market. The index gave its first buy signal today under Gerald Appel’s relative strength system since a disastrous one in late February. Coming on the heels of a long uptrend, we […]

The U.S. economy grew at its slowest pace in four years in the first quarter, but that didn’t keep Microsoft from posting its strongest quarter in years. Microsoft shares rose 3.5% Friday after the company reported 32% sales growth in its March quarter on the strength of new Vista and Office 2007 releases. The software […]

Microsoft continued the run of better than expected earnings from technology bellwethers late Thursday, posting quarterly results that beat Wall Street estimates on the top and bottom line. Microsoft’s pro forma earnings of 49 cents a share were three cents better than anticipated, but the real surprise was on the top line: the software giant’s […]

The market’s amazing run continues. Sentiment doesn’t appear to be too frothy yet, as options indicators and advisory surveys seem pretty tame. Internals need to improve, however, particularly on the Nasdaq (first two charts below), which has lagged the NYSE since November and continues to do so. The techs could slow down here at 2550-2560, […]

Apple and Amazon.com gave investors reason to cheer on Wednesday, a day that saw the Dow Jones Industrial Average close above 13,000 for the first time and the S&P climb within 2% of its all-time high. Amazon shares soared 26% during Wednesday’s trading session after the online retailing giant posted earnings that were well above […]

Not much change from yesterday’s column, as the Dow (first chart below) continues to hold near 13,000. That’s a plus, but market internals are lagging here; the Dow’s advance will need some breadth behind it or 13,000 could prove to be a fleeting accomplishment. Support remains 12,900, 12,840 and 12,800. The S&P (second chart) faces […]

Amazon.com shares surged in late trading Tuesday after the company blew past Wall Street estimates, but Sun slipped after its quarterly sales came up short of expectations. Amazon’s earnings doubled to 26 cents a share, 11 cents more than analysts expected, and sales rose 32% to $3.02 billion, $100 million ahead of forecasts. The online […]

As expected, some big numbers in the Dow and S&P are causing some jitters here. The biggest will be 1527.46 and 1552.87, the S&P’s all-time closing and intraday highs, and they’ll likely take some time to clear, so get ready for some rocky going as we get closer. The Dow (first chart below) stalled about […]

Texas Instruments shares surged 9% in after-hours trading Monday after the company reported quarterly results that were well ahead of analysts’ expectations. TI reported an 8% sequential decline in revenues to $3.19 billion, but that was above Wall Street’s $3.15 billion estimates. Earnings of 35 cents a share were four cents better than expected. The […]

With the Dow and Wilshire 5000 (first two charts below) hitting new all-time highs here, can the S&P (third chart) be far behind? A number of factors could come into play here, not the least of which is that stocks are pretty extended and could use a break, and options traders turned a little complacent […]

Stocks soared to 6 1/2-year highs Friday on better than expected results from the likes of Google , Caterpillar and Honeywell . The Dow hit another record, its 15th gain in 16 sessions, and the S&P ended the day a little more than 2% from its all-time high, a stunning recovery from its 50% plunge […]