Monthly Archive:: February 2010

HP, Priceline Shine, Walmart Not So Much

Few Earnings Updates Analog Devices Inc. (ADI US) gained 3.6 percent to $29.41, after climbing as much as 4.3 percent, the most intraday since Nov. 24. The maker of chips used in cars, consumer electronics and phone networks forecast second-quarter earnings of 48 cents to 51 cents a share, beating analysts’ estimates.

Chart Action For Sears Holding (SHLD)

Looking at the 6 month chart for Sears Holding (SHLD), the price action suggests that 90$ is a critical mark. SHLD spiked up from 90$ to top out at 105+. However with the current market selloff SHLD finds itself at 90$ support. I shorted SHLD at 89.93$ hoping for more selling as

Earning Trends: EA Disappoints, Hasbro Above Estimates

Electronic Arts’ fiscal third-quarter loss narrowed following large prior-year charges. But shares fell 9% to $15.96 in after-hours trading as the videogame publisher projected fourth-quarter and fiscal 2011 results below Street estimates. Harman reported better-than-expected fiscal second-quarter results, sending shares of the maker of audio equipment and GPS devices up 6.2% to