February 22, 2013

APPLE PATENT FOR SOLAR WATCH COULD FIRE UP STOCK AGAIN $AAPL

Apple application 20130044215, filed with the U. S. Patent and Trademark Office (USPTO), is the best evidence so far as to how iWatch may look and work.

It appears Apple is abandoning the traditional style watch in favor of a bracelet. The bracelet may have two parts, a touch sensitive flexible display and a solar power collector. The diagram illustrates Apple’s concept.

“A wearable accessory device is disclosed,” says the abstract of Apple’s application filed with USPTO. “The wearable accessory device includes a flexible display coupled to a bi-stable spring. Coupling the display to the bi-stable spring allows the accessory device to be easily worn in a number of convenient locations.”… Please click here or the title below to read more.

February 22, 2013

WEEKLY MARKET DIGEST: FED QUESTIONS OPEN ENDED QE

stock market

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)

BULLS TAKE CONTROL OF THE STOCK MARKET

February 22, 2013

Bulls have again taken control of the stock market this morning. Futures have been steadily rising. Europe is up strong. We will be carefully observing market internals on this bounce to give us data on what is next.

Gold futures are at $1574, silver futures are at $28.52, and oil futures are $92.72.

S&P 500 resistance levels are 1517, 1530, and 1537; support levels are 1500, 1480, and 1474.… Please click here or the title below to read more.

February 22, 2013

HEDGE FUNDS LOVE A BAILOUT QUEEN, AIG DETHRONES APPLE AS FAVORITE

Goldman Sachs, according to Reuters, says AIG has replaced Apple as the favorite pick of hedge funds. Apple’s arch enemy Google is now also favored over Apple by hedge funds.

Apple has not been abandoned by hedge funds; it is now in third place.

According to Goldman’s data, hedge fund’s top holdings were reported to be 80 hedge funds holding AIG, 73 hedge funds holding Google and 67 hedge funds holding Apple.

These days the analyst community is favoring Google. Just today Google was upgraded by three analysts. Most notable was Bernstein raising its price target to $1,000 from $820. CLSA also raised its target on Google from $900 to $1,000. … Please click here or the title below to read more.

February 22, 2013