Press Releases

Intel (NYSE: INTC) Tests Bull Market Waters

Intel (Nasdaq: INTC) crossed above its 200-day moving average on 5-12, giving the Dow Jones Industrials ($DJI), the Nasdaq Composite ($COMPQ) and the Nasdaq 100 ($NDX) indexes a nice boost.

The traditional chip sector leader has finally joined a good portion of the semiconductor sector's rally, giving it more credibility.

In fact several of the old tech chip stocks have been quietly moving higher of late, giving the Nasdaq 100 a nice bit of relative strength in an otherwise crazy market. Relative strength can be elusive in a market that is trying to hold up after bottoming out, and is a key characteristic for investors to spot in this kind of one day off-one day on market.

It's also important to note whether the stock can sustain its move above the 200-day line, as this is a chart area where many stocks either consolidate or fail after reaching it.

For Intel, the key is the 23-24 area. A good performance there could have lots of positive repercussions, for the stock, as well as the market.

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Doctor Joe Duarte's Market I.Q., offers subscribers a unique blend of intelligence, market commentary and trading strategy. Duarte's daily articles, and news summaries offer recommendations and analysis for ETFs, and individual stocks in the technology, health and biotechnology, and energy sectors. Doctor Duarte is a writer, and an emerging futurist, with a diverse background, and a growing audience. His combined expertise in health care, energy, and the effects of politics and global intelligence on the financial markets offer a unique blend of insight and information to thousands of active investors and political and intelligence aficionados around the world on a daily basis.

He is the author of four books: "Futures And Options For Dummies," "Successful Energy Sector Investing," "Successful Biotech Investing" and co-author of "After-Hours Trading Made Easy."

In early 2001 Dr. Duarte in "Successful Energy Sector Investing," correctly predicted that Venezuela's political problems could lead to an energy crisis in the United States.

In 2003, also Dr. Duarte was among the first to widely publicize the long-term friendship between French President Jacques Chirac and Saddam Hussein.

He has also appeared as a weekly guest on Market Mavens Radio, has logged appearances on KNX radio in Los Angeles, Financial Sense.com radio, and Wall Street Radio.

One of CNBC's original Market Mavens, Dr. Duarte has been writing about the financial markets since 1990.

His articles and commentary have been featured on CBS Marketwatch, Barron's, Smart Money, Medical Economics, and in Technical Analysis of Stocks and Commodities magazines.

In 2003, Doctor Duarte received second place, in the professional section, of the Medical Economics Investment Challenge with a 12-month return of 42%.