- Technical Market Commentary -

August 25, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=cmmtry for all recent commentaries.) — Today’s FirstAlert(tm) features Dell Inc. (NASDAQ: DELL), Ford Motor Co. (NYSE: F), the Financial Select Sector SPDRS ETF (AMEX: XLF), Barnes & Noble Inc. (NYSE: BKS), Precision Drilling Trust (NYSE: PDS), Sirona Dental Systems Inc. (NASDAQ: SIRO) and more…

Dell Declines To Support (By Frank Kollar) — Shares of Dell, Inc. (NASDAQ: DELL) have been in a steep decline since reaching 2010 highs back in April. From a high at $17.52 per share, shares have fallen back to $11.59 as of the close on Tuesday, August 24, which is a 34 percent loss. The $11.33 level is the 61.8% retracement support level for the entire February 2009 to April 2010 advance. If it is broken to the downside, share prices have no further support until they reach $7.99, which was the February 23, 2009 closing low. This would be an additional 31 percent loss in share value.

We would not take a position in shares of Dell unless the downtrend is reversed, which would take a reversal and close above $14.00 per share — an unlikely event for the near term.

(Go to http://www.financialwire.net/2010/04/22/about-kollar/ for more about Mr. Kollar, and go to http://www.financialwire.net/?s=kllrfby+cmmtry for more of Kollar’s commentaries.)

**Today’s FirstAlert(tm) is brought to you by Marshal Shichtman & Associates, P.C. (see below).**

The FirstAlert(tm) “Money Index” is an indicator of the depth of market direction or indirection. While not always including the same stocks, the combined NYSE, AMEX and NASDAQ 25 most actives and combined NYSE, AMEX and NASDAQ greatest percentage losers and greatest percentage winners (weighted against pure monetary loss/gain) indicate the direction in which the mass of money is flowing, as well as the general focus of the market. Last session’s most actives showed 4 advancers versus 21 decliners. Volume leaders were led by Citigroup, Inc. (NYSE: C) (streaming research for Citigroup available at http://investrend.stocksmart.com/ri/toc?tid=7921), the SPDRS S&P 500 Trust ETF (AMEX: SPY) (streaming research for SPY available at http://investrend.stocksmart.com/ri/toc?tid=34430), General Electric Co. (NYSE: GE) (streaming research for GE available at http://investrend.stocksmart.com/ri/toc?tid=8030), Bank of America Corp. (NYSE: BAC) (streaming research for BAC available at http://investrend.stocksmart.com/ri/toc?tid=8456), the Financial Select Sector SPDRS ETF (AMEX: XLF) (streaming research for XLF available at http://investrend.stocksmart.com/ri/toc?tid=1026233), the PowerShares QQQ Trust ETF (NASDAQ: QQQQ) (streaming research for QQQQ available at http://investrend.stocksmart.com/ri/toc?tid=1044870), Microsoft Corp. (NASDAQ: MSFT) (streaming research for MSFT available at http://investrend.stocksmart.com/ri/toc?tid=4652), Cisco Systems, Inc. (NASDAQ: CSCO) (streaming research for CSCO available at http://investrend.stocksmart.com/ri/toc?tid=1723), Intel Corp. (NASDAQ: INTC) (streaming research for INTC available at http://investrend.stocksmart.com/ri/toc?tid=3619) and Ford Motor Co. (NYSE: F) (streaming research for Ford available at http://investrend.stocksmart.com/ri/toc?tid=2449).

The FirstAlert(tm) Economics Calendar lists Durable Goods Orders for July (8:30 a.m. ET), New Home Sales for July (10 a.m. ET), EIA Petroleum Inventories (10:30 a.m. ET), Treasury auctions 5-year notes (1 p.m. ET)

The FirstAlert(tm) Events Calendar showcases ECA, DNR, PDS, NGF at the EnerCom Incorporated Oil & Gas Conference (day 4 of 5); MDT Annual Shareholders Meeting (1st day); MU, SWKS, ATHR at the Morgan Stanley Semi and Semi Cap Equipment Investor Day; SIRO, XRAY at the Barrington Research Healthcare Conference.

The FirstAlert(tm) Earnings Calendar highlights Barnes & Noble (BKS) Q1 2011 Earnings Release.

FirstAlert(tm) Website of the Day: http://www.museumofhoaxes.com/moonhoax.html

Quote of the Day: "To achieve great things, two things are needed; a plan, and not quite enough time." — Leonard Bernstein.

Word of the Day: distrain \ dih-STREYN \, verb: 1. To seize the property of (a person) in order to compel payment of debts. 2. To levy a distress upon.

In context: "He would be thinking of her as a Fury coming to carry him off, or even as a tipstaff with warrant to distrain. Yet it was not she, but Love, that was the bailiff." — Samuel Beckett, Murphy.

(Distrain is ultimately a combination of two Latin roots, dis, "apart," and stringere, "to draw tight.")

Today is: Kiss and Make Up Day.

Happy Birthday: 1918 — Leonard Bernstein (d. October 14, 1990).

Today in History: Yellow Cab was founded in 1910.

==========

**FirstAlert(tm) is underwritten by Investrend Communications. Today’s Investrend featured partner is Marshal Shichtman & Associates, P.C. –  Mr. Marshal Shichtman has served as council for Investrend Communications in various capacities since 2001. Mr. Shichtman is now collaborating with Investrend to provide a unique independent equity research product, which includes a specialized component particularly focused on assistance in best practices, filings, reporting and good governance. For a preferred introduction to Mr. Shichtman and/or Investrend’s specialized program, write to resources@investrend.com with “Shichtman Introduction” in the subject line.

==========

FirstAlert(tm), published exclusively by FinancialWire(tm), was created by Gayle Essary, founder of Investrend Communications, Inc., parent of Investrend Information. The opinions expressed in FirstAlert(tm) do not necessarily reflect the opinions of Investrend or of FinancialWire(tm).

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Real-time, streaming research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate, courtesy of Stock Smart (at http://investrend.stocksmart.com/ss/html/hpcompany.html). Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” webpage (at http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website at http://www.financialwire.net/disclosures.php and http://www.financialwire.net/2010/04/23/safe-harbor/). Additional resources for investors are also accessible via the FinancialWire(tm) website (at http://www.financialwire.net/2010/04/23/investor-resources/). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Copyright © MMX, FinancialWire(tm); All rights reserved.

[ssryrsyr] [frlylrf] [frstlrtrlts] [frstlrtdlycmmt] [cmmtry] [mrktqr] [tchnlf] [anlytcl] [kllrfby]

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.