The OptionMonster.com co-founder Jon Najarian is bullish on retailers. He said in CNBC's Fast Money that he holds a long position on Wal-Mart Stores (NYSE: WMT), Target (NYSE: TGT) and Best Buy (NYSE: BBY), and believes that these stocks will go higher.

Jon Najarian added that the price war between Amazon (NASDAQ: AMZN) and Wal-Mart Stores (WMT) is putting pressure on the rest of the retailers.

Wal-Mart Stores (WMT) is up 0.74% today, and Target (TGT) lost 0.42%. Best Buy (BBY) gained 0.95%.

In his recent column in Barron’s Technology Trader Eric J. Savitz writes that PC sales are yet to pick up the rush despite Microsoft Corporation's (NASDAQ: MSFT) recent launch of Windows 7. Microsoft claimed that Windows 7 was a runaway success. However, the rush does not seem to be visible in PC sales.

The recent 3rd quarter results of Dell Inc. (NASDAQ: DELL) seems to indicate that. Dell’s 3rd quarter results were much below the Wall Street’s expectations. Dell’s margins are under pressure and it seems to be falling behind in notebooks sales.

While Savitz feels that IT buyers may rush back to purchase PC in the second half of 2010, he still has a caveat. The evidence of economic pickup must be clearer. Savitz is of the opinion that those investors who want to take positions based on PC sales rebound may also look at Hewlett-Packard Company (NASDAQ: HPQ) and Microsoft Corporation.

On “Pixi” – a lower price offering by Palm, Inc. (NASDAQ: PALM), Savitz wonders why anyone should buy it, when its predecessor “Pre” is available at low prices. Palm’s Pixi is being offered by Sprint Nextel Corporation (NYSE: S) – through a 2 year contract. Savitz writes that, Pixi’s price is too steep. For instance, Research In Motion's (NASDAQ: RIMM) BlackBerry Bold offered by AT&T Inc. (NYSE: T) can be purchased for a small price on Amazon.com, Inc.(NASDAQ: AMZN).

On “post - transaction marketing”, Savitz writes that the Senate Committee on Commerce, Science and Transportation has recently released a report on this phenomenon. Three Connecticut companies - Affinion, Vertrue and Webloyalty – were behind the spread of this marketing strategy. Buyers ordering through the Internet are offered a bait. Those who fall for it, find that they were enrolled for services which they do not need.

The report indicates that these 3 companies and the retailers have garnered $1.4 billion through this way. The retailers list includes United Online, Inc.’s (NASDAQ: UNTD) Classmate.com which collected more than $ 70 million in revenue using this strategy.

Shoppers may drive a very hard bargain this year.

Most of the technology stocks are seeing buying interest as the broader market gained. The Nasdaq Composite Index rose 43 points or 2.01% to $2189.20.

Apple Inc. (NASDAQ: AAPL) rose 2.52% to $204.85 on 2.30 million shares. Google Inc. (NASDAQ: GOOG) jumped 2.43% to $583.72 after hitting a new 52-week high at $583.99 earlier in the session.
Amazon.com, Inc. (NASDAQ: AMZN) jumped 2.31% to $132.64.

Baidu, Inc.(ADR) (NASDAQ: BIDU) surged 2.30% to $437.25 on moderate volume. Microsoft Corporation (NASDAQ: MSFT) gained over 1% to $29.94 on 5.66 million shares.

priceline.com Incorporated (NASDAQ: PCLN), a global online travel company, climbed 2.62% to $21.05 after making a new 52-week high at $214.39 earlier.

Semiconductor HOLDRs (ETF) (NYSE: SMH) moved up 1.87% $25.54 on 1.82 million shares.

A fake rodent is what your kid wants and what retailers don't need.

China Green Agriculture joins the daybagger club.

See the rest of the story here.

Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.

Let's see the video-game industry wiggle its way out of this trap. 

Black Friday Deals Page Launches Today, Offering a Week of Amazing Deals on Hot Holiday Products

Editor's Note: The following is an excerpt from the Bull Market Timer Weekend Update (click to subscribe). It's being shared here for the benefit of the Minyanville community.The S&P 500 Index fell 2.1 points to 1091.4 last week. This keeps the market as represented by the S&P 500 to within a few points of a new rally high.Over the last few weeks as the S&P 500 has gone on to make new highs the broader market indices especially those that focus on smaller stocks (e.g. Russell 2000) have lagged the big-cap stocks. Consequently even as the S&P 500 made ...

Microsoft Corp. (Nasdaq: MSFT) reported a strong quarter at the end of October on the back of resurgent demand in the PC market. But the key issue to watch is the important transition in the company’s major technologies.[More...]

Pandora, Facebook Photos, Revision3, Mediafly, TWiT, blip.tv, Flickr, FrameChannel, Motionbox and MobileTribe All Now Available on the Roku Player

Roku's new store starts off with 10 Internet-fed channels, but the company's lineup still lacks content from a major content provider

See the rest of the story here.

Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.

Robert Scoble lays out a compelling case for Twitter ads.

This stock fetches a top CAPS rating.

Market-lagging returns could be written in this stock.

This seller of digital property is getting more efficient by the day.

See the rest of the story here.

Theflyonthewall.com is Wall Street's specialist in breaking equity news. Veteran traders build a proprietary feed of news that's faster and more relevant than any other source. Try us for free and discover for yourself.

BloggingStocks: October seems to have been a good month for consumer spending. Unemployment is holding consumers back, but it isn't keeping wallets clamped shut. A Bloomberg survey reveals that purchases grew 0.5% last month, based on the thoughts of 61 ... Read more