BeachRider

Technology Stocks Unlikely to Lead the Markets Higher

Interesting technical analysis of IBM. There is certainly a lot of documentation here. Technical analyses can focus too hard on math modeling. They can miss basic business motivations that override the technical influence. We can see how it plays from here, but I expect IBM to do better than this analysis shows. I will check back in 60 days and further down the road.

This Advance Will Be Measured in Days, Not Months

Some of the SA articles show how companies (like IBM) are doing the math to post higher margins and profits, even if revenues are going down. IBM will be criticized for smiting costs (jobs!) with its corporate cudgel. The hardest part will be the churning of the workforce. Each company will need to adapt to survive.

As to investing, do the math carefully. If this author is advising that fundamental stats don't apply to stock pricing, then he is advising that sentiment about the stock is a bigger part of valuation than company performance. Both certainly affect security value, but company future & company performance will always be the biggest factors in setting the value of its securities. These hi-demand, low-demand squeezes give opportunities for trader-income, but they were also the biggest part of what put many of those hedge funds under water.

Tech Bellwether Earnings Scorecard Update

Why do companies like this think that they can 'get away' with no Guidance on business levels? They must have firm plans on this because those plans are needed to gauge infrastructure, staffing, supply chain, etc.

They have 'Guidance', but they don't want to chance a stock-crash if they miss.

They need stronger high-leadership to establish confident objectives that generate confident Guidance.