Sorry!! The article you are trying to read is not available now.
January 16, 2013 at 08:00 AM EST
Online Retailers Triggers Technical Research as Momentum Builds for 2013

LONDON, January 16, 2013 /PRNewswire/ --

StockCall research team has posted free technical analyses on companies mentioned in this release. These can be accessed at

http://www.stockcall.com/register

The Catalog and Mail Order house industry, which features the world's top online retailers, has started the New Year off with a bang, as strong holiday sales figures in the U.S. and abroad have begun to be reported. eBay Inc.(1) (NASDAQ:EBAY) is scheduled at release its earnings today after the market closes.  

eBay has been a strong performer in the last 12 months backed by growing interest for online buying, especially as its mobile app continues to be popular reaching the 100th million download in September 2012. But what has also changed is consumers' faith in internet security as they start to use online payment methods which bode well for eBay on two fronts. Firstly, its PayPal service garnered a household status and eBay being an online retailer sees its primary business gaining success as a reason of PayPal's popularity.  

The proliferation of smartphones and tablets, also bodes well for the industry, and with more people feeling secure about shopping online, companies could see record sales figures in 2013. According to the National Retail Federation, total holiday spending jumped by 3% in 2012, and non-store holiday sales increased by an impressive 11.1%. In an attempt to reach a greater number of potential customers, several companies, such as Amazon.com Inc.(2) (NASDAQ:  AMZN), have come out with new apps for gaming consoles as well as smartphones and tablets. Amazon's Instant Video app which is available for Wii console owners provides the options to buy, rent and stream a large pool of movies and TV series from Amazon's Instant Vide Store.

A growing number of internet users in China augur well for companies with operations in the area, though competition there remains intense. It is easy to understand why, as last year alone the number of internet users in China increased by some 51 million to around 564 million users.

Footer:

  1. eBay Inc. Technical Analysis [ http://www.StockCall.com/EBAY011613.pdf ]  
  2. Amazon.com Inc. Technical Analysis [ http://www.StockCall.com/AMZN011613.pdf ]  

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at

http://www.stockcall.com  

SOURCE StockCall.com

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here

WHAT'S POPULAR IN THE VILLE