May 06, 2013 at 10:55 AM EDT
Morning Research on MSFT, ORCL, CA, and VRNG

StockCall.com Provides Stock Research on Microsoft Corp., Oracle Corp., CA Technologies, and Vringo Inc.

New York City, New York -- (May 06, 2013)

The technology sector has been faced significant challenges in 2012 amid a slowdown in the global economy. Businesses scaled back their spending on technology due to the uncertain economic environment. Although the economic outlook has improved since the start of this year, businesses are expected to remain cautious over the next few years. This means that spending on technology is likely to remain weak in 2013 as well. The technology sector was among the best performers in the S&P 500 last week. On Friday, the sector rose more than 1%, tracking gains in the broad market. Among the major movers were Microsoft Corporation (NASDAQ: MSFT), Oracle Corporation (NASDAQ: ORCL), CA Inc. (NASDAQ: CA), and Vringo Inc. (NASDAQ: VRNG). StockCall has posted free technical research reports on MSFT, ORCL, CA, and VRNG and these can be accessed by signing up at

www.stockcall.com/analysis

Shares of Microsoft Corporation continued their excellent run in trading on Friday. The stock rose to a 52-week high of $33.52 before finishing the day 1% higher at $33.49 on volume of 46.78 million. Microsoft’s shares rose more than 5.30% last week, helping the NASDAQ post gains of more than 3% for the week. The stock has seen a series of highs over the past two weeks which is a strong bullish signal. The positive trend is further confirmed by the stock’s MACD chart. Download the free report on MSFT upon registration at

www.StockCall.com/MSFT050613.pdf

Shares of Oracle Corporation slipped in Friday’s trading session even as the broad market rallied. The stock traded between $33.28 and $33.95 before finishing the day 0.92% lower at $33.38 on volume of 23.98 million. Despite the pullback last week in the closing session, Oracle’s shares gained more than 1.80% in the last three sessions. The stock slipped below its 50-day moving average on Friday which represents a bearish signal. Year-to-date, shares of ORCL have gained just 0.18%, compared to a gain of nearly 13.20% for the S&P 500. ORCL technical report can be accessed for free by signing up at

www.StockCall.com/ORCL050613.pdf

Shares of CA Inc. rose to a 52-week high of $27.94 on Friday. The stock ended the day 1.84% higher at $27.73 on above average volume of 5.01 million, taking its gains in the last three trading sessions to over 2.80%. Shares of CA have had an excellent run over the past two weeks, seeing a series of highs. The rally has pushed the stock above some key technical levels. Its MACD is currently trading well above the signal line and the zero-line which is a strong bullish signal. Year-to-date, the company’s shares have gained more than 27.40%, outperforming the S&P 500. The free report on CA can be downloaded by signing up now at

www.StockCall.com/CA050613.pdf

Shares of Vringo Inc. fell sharply in yesterday’s trading session, reversing some of its gains from previous sessions. The stock fell to an intra-day low of $2.93 before finishing the day 2.96% lower at $2.95 on above average volume of 2.57 million. Despite the losses on Friday, Vringo Inc. shares have gained more than 4.60% in the last three sessions. However, the stock slipped below its 50-day moving average on Friday which is a bearish signal. Vringo’s shares currently have support at around $2.80. The stock faces resistance at around $3.10. Free report on VRNG can be accessed by registering at

www.StockCall.com/VRNG050613.pdf

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