Technology

This has been a week Bitcoin advocates would probably rather forget. At the start of the month 1 bitcoin would set you back about $960. Today it will cost you $422. What the hell happened? Back on Monday (10 Feb) we saw prominent exchange MT Gox halt trading and stop withdrawals of bitcoins. Then Bitstamp, […]

After an exponential drop in January 2014, Apple shares (NASDAQ:AAPL) are trying to shrug off further southward pulls, as they trend northward. Is this sustainable? Should the price go determinedly upwards, now would be a good entry point for the bulls. The RSI period 14 is almost crossing the level 50 to the upside, and […]

Twitter shares (NYSE:TWTR) bare bound to rise higher this year. There have been consolidating phases in the market, following by upward breakouts. The ADX period 14 is currently below the level 30, showing a lack of momentum in the market. Plus the DM+ is above the DM-, meaning that the bulls still have some determination […]

The share price of ARM Holdings (LSE:ARM) fell sharply today on the London Exchange after filing what I thought was a rather strong report for the final quarter of FY2013. The ARM share price dropped 7.85% to 857.00 approaching the final hour of trading. Is it just me, or does it seem like investors are […]

We have grown accustomed over the years to icons like 3M (NYSE:MMM) and Exxon Mobil (NYSE:XOM) impacting the S&P 500, which they are doing today following the publication of their annual results. At this early stage of the day, having posted less than desirable results, Exxon shares are down 1.72%, and, having posted excellent results, […]

Next month, February 2014, Facebook (NASDAQ:FB) will celebrate its tenth birthday and the second anniversary of filing its S1 with the SEC. The company was only eight years old when it starting trading on the NASDAQ on 18 May in what turned out to be one of the most publicized first-day fiascoes in financial news […]

The Ebay shares (NASDAQ:EBAY) are experiencing upswings followed by downswings, but the price may go upwards determinedly this year. In the chart, the price broke up from the Trendlines (January 2014), spiked upwards, and then got corrected lower. The lower correction is therefore going into the Trendlines again, but it would not go below the […]

On 23 August 2004 Google’s share price was $106.15 (NASDAQ:GOOG). Except for a sharp, one-year decline when it dropped from just above 700 to 290, Google’s share price has climbed nearly continuously to its current level of 1163. Just in case you are blissfully uniformed, that single year was 2008 and the responsibility for that […]

Yahoo! stock (NASDAQ:YHOO) was bullish for the most part of 2013 and this would continue this year. The probability of a trend going further according to a dominant bias is much more than the probability of it reversing. Right now, there is a pullback in the market and the ADX period 14 is showing the […]

International Business Machines stock (NYSE:IBM) has been rallying since December 2013. The price has formed a Double Bottom pattern (a “W’ shape), which means a true bottom has been found at those extreme ends, and the price ought to be going upwards. In the chart, the EMA 20 has crossed the EMA 50 to the […]