Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Two Ways: New Toys from Hewlett-Packard


Strengthen your portfolio in good times and bad.

Hewlett-Packard (HPQ), the world's largest PC maker, unveiled a new fall lineup called the Envy.

According to Reuters, these new thin and light laptop PCs check in at less than one inch thick, weigh less than four pounds, and will also come with customizable software to make the devices more personalized. This is the first time Hewlett-Packard has moved into the ultra-thin consumer PC market.

Further, analysts say with the upcoming launch of Microsoft's (MSFT) Windows 7 operating system, the PC market will likely begin to make a slow recovery from the lows seen earlier in the year.

From the Bull Pen: In tech, bulls can consider Research In Motion (RIMM). Professor Jeff Cooper mentioned this on the Buzz & Banter yesterday, "If the 80 strike is offset, it may suggest that RIMM is poised to test prior swing highs near 85 going into Friday's option expiration." Those playing it can consider a sell stop near 79.

From the Bear Cave: In tech, bears can look to AT&T (T). With significant resistance near $27.70, bears can consider playing the downside with a tight buy stop above that level.

Quick Check Around the World

Asian trading closed with the Nikkei 0.15%, India 1.48%, Hang Seng -0.31%, Shanghai 0.23%, and Taiwan 1.23%.

Across the pond, we see the FTSE 0.22%, CAC 0.29%, DAX -0.14%

As of 8:20 a.m. EST, S&P Futures are trading +0.75 to 1044.00 and Nasdaq futures are +0.250 to 1688.25.

A Look at Commodities

Over in commodities, crude oil is +0.38 to 69.24 while gold is -1.80 to 999.30 this morning. Silver is -0.98 to 16.53 and copper +1.700 to 280.40.

The dollar index is +0.1400 to 77.1000.

On the Radar


08:30 Core PPI (0.1% cons)
08:30 PPI (0.8% cons)
08:30 Retail Sales (1.6% cons.)
08:30 Retail Sales ex-auto (0.5% cons)
08:30 Empire Manufacturing
10:00 Business Inventories (-0.8% cons)

Click here for the full trading radar.

Good luck today!
< Previous
  • 1
Next >
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

Featured Videos