Here’s an interesting look at the powerhouse that is EBay. The section about the new day traders is particularly interesting: One product, to be unveiled this week at EBay Live, is earmarked for traders, who may also be big buyers on EBay. The product is called Andale search, or “The Google for EBay,” as Shah [...]
Posted by 23 June 2003
Testing Critical Levels
Today we got some follow-through to the selling that began in the middle of last week. The NASDAQ led the way with a 2% loss, while the Dow and S&P 500 dropped about 1.4%. Since volume contracted today, it looks like buyers are stepping aside in advance of the Federal Reserve’s announcement on Wednesday. But [...]
Posted by 23 June 2003
Flood of Apple News
Apple just released several press releases. The most striking to me, at first glance, are these: Apple Unleashes the World’s Fastest Personal Computer – the Power Mac G5 / First 64-bit Desktop Processor; First 1 GHz Front-Side Bus iTunes Music Store Hits Five Million Downloads / Apple to Ship One Millionth iPod This Week Mac [...]
Posted by 23 June 2003
Double-Top?
Posted by 23 June 2003
The Tech Rebound That Isn’t Quite
From the New York Times: There are hopeful glimmers that the long-anticipated yet elusive recovery in the information technology business may finally be coming into view. Besides the recent surge in technology shares on Wall Street are more substantive signs like the fact that orders for many computer products and semiconductors are stabilizing and even [...]
