Apple, Inc. (NASDAQ: AAPL) is poised to unveil iPad 3 on Wednesday, and the rumor is that it will have a higher resolution screen, faster processor, and 4G capability.
In our last article, we asked if the yen is done strengthening and if it will continue to weaken.
Since then, the market has answered the question quite clearly.
In case anyone was wondering why the NASDAQ was doing great, one of the reasons was that the old tech troika, Microsoft (NASDAQ: MSFT), Intel (NASDAQ: INTC), and Cisco Systems (NASDAQ: CSCO) were doing great.
Facebook, the grand daddy of social networks, is expected to file for IPO on Wednesday.
A long anticipated event, this can either energize the technology company IPOs once again, or it can mean that intelligent companies always sell out at the top of the market.
The verdict is yet to be known, but it is certain to bring great fortunes for Facebook employees.
Even with US markets gaining strength, Shutterfly's (NASDAQ: SFLY) engine has been sputtering.
When we started shorting Shutterfly in the summer of last year, it was a mid 50's stock. Today, it is in the low 20's.
While investors focus on Apple (NASDAQ: AAPL), Google (NASDAQ: GOOG), Nokia (NYSE: NOK), Samsung, and HTC for trends and directions on the mobile market, they often overlook the semiconductor companies which enable the functioning of mobile devices.
The se
