NASDAQ Market News

Technology sector is looking gloomy today and I am going to put the blame on Hewlett-Packard CEO Meg Whitman. Whitman sounded a caution against the coming year for the company. The effect of the announcement is evident on the company stock which is trading in red in an otherwise green market. Outlook is not so […]

In early trade today, the markets seem to be undecided. While S&P 500 and NASDAQ are in positive territory, Dow Jones is slightly in red area. This is largely in line with global cues where markets are showing mixed trend. However, there are some major gainers in trading today. So, let’s have a look at the […]

For stock picking, I like to supplement my own analysis with experts’ opinion. One of the ways of doing it is to check out analysts’ recommendations. Apart from reading about upgrades and downgrades, I also pay attention to the initiation of new coverage of the stocks.

iPhone 5 is a smash hit, as expected and Apple Inc. (NASDAQ:AAPL) is consolidating its position as the biggest company on the strength of this phone. However, let’s take a look at the other stakeholders who have their fortunes tied to this phone.

All other things being equal, a stock hitting its 52 weeks high is generally a harbinger of good news. The pricing spike generally results from positive developments which may range from better than expected financial results, news about the release of bumper product to potential takeover or merger.

Analysts ratings play an important part in my decision making process for picking or dumping stocks. While I prefer to rely upon my own analysis and judgment, using analysts’ recommendations for confirmatory purpose, for my portfolio management, I have seen many people using these recommendations as the primary factor for portfolio decision making. With analysts’ […]

Thanks to a couple of positive global cues, the market is trending marginally high. However, today, I am going to take a look at the laggards of the market. Even in the green market, there are stocks hitting their nadir.

The mania continues for the big 3 U.S. new economy plays. This is the latest on the price action: Apple: Apple (NASDAQ:AAPL) shares have been in a rising trend channel on their daily chart since November, with the floor of the channel currently running through around the $655 level just above the 50 day moving […]

U.S. equity market is struggling for direction in trading today as investors remain on the sidelines after last week’s rally, which was sparked by the launch of QE3.

Apple’s (NASDAQ:AAPL) iPhone 5 won’t make its retail debut until September 21st, but its pre-orders have already surged their share price to record levels.  As news unfolded that yesterday’s orders had surpassed 2 million units, Apple’s stock soared briefly over the $700 mark for the first time in the company’s history, settling in at $699.78 […]