This post was just published on ZYX Buy Change Alert.
Those not in MSFT may initiate a 10% to 20% tranche right here around $26.40. The buy zone is $24.42 to $26.56. If the stock dips further, consider adding 10% tranche each around the following points. $26.06, $25.62, $25.22, $24.77, and $24.42. Target zone is $34. to $36. Stop zone is $21.43 to $22.34.… Please click here or the title below to read more.
On Wednesday, Apple (AAPL) stock fell $37.05 or 6.43%. In after-hours the stock continued to fall and it was down as low as $518 this morning. Yesterday Apple suffered its largest one-day loss in four years.
There are a variety of explanations for the tumble offered by talking heads, ranging from a research report to a technical death cross. The real reason was forced selling based on margin calls. There is strong anecdotal evidence that a large number of buyers near the recent swing high in the zone of $570 to $590 were short-term speculators buying on margin.
A small firm, COR Clearing, raised margin requirements on Apple from 30% to 60%. … Please click here or the title below to read more.
This post was just published on ZYX Buy Change Alert.
We have received a large number of emails in response to the ‘Morning Capsule,’ BARN BURNER U.S. EMPLOYMENT DATA.
Most emails expound conspiracy theories and flaws in the employment data. Most emails have asked our opinion on conspiracy theories.
Our focus is on helping subscribers consistently make money to generate substantial wealth over a long period of time. We work hard to stay away from everything that distracts from the foregoing objective and so should investors.
A good analogy is a beauty contest. If you want to successfully predict the winner of a beauty contest, you would need to leave your opinions at the door and focus on what the judges think.… Please click here or the title below to read more.