March 18, 2013

Apple stock is up $9 and has broken out of the micro resistance at $438 to $440 on a day when the overall market tape is weak.  The timing of Apple’s newly found strength may seem funny.

Thursday evening, Samsung launched its new flagship smartphone Galaxy S IV with lots of fanfare at New York‘s Radio City Music Hall.  On the surface, one possible conclusion from Apple’s stock movement is that the Galaxy S IV launch is not living up to the hype.  Don’t count on that too much.

Certainly there was a lot of hype going into the launch, but Galaxy S IV meets or beats every bit of the hype in terms of what it does versus the iPhone 5. … Please click here or the title below to read more.