The Apple stock chart has traced a head-and-shoulders topping pattern. This is a well-known and well-followed reversal pattern in traditional technical analysis . The pattern sets Apple’s AAPL downside target at $340. A picture is worth a thousand words, the chart tells the story. Please click here to see the
Apple is waking up to the harsh realities of the world. Perhaps the fall in stock price has helped. There is simply more competition and Apple has to adjust to it. In a major move, Apple is offering some popular songs for just 29 cents on iTunes. This represents a 70%
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) THE RALLY IS LONG IN THE TOOTH January 25, 2013 The stock market rally is long in the tooth. Our long time subscribers know
This post was just published on ZYX Short Sell Change Alert. The up move in STJ is mostly short covering. Therefore the stop zone is being temporarily suspended. However those not able to handle a short squeeze may want to exit here. The plan is to add more in small tranches
Steve Jobs employed a number of master strategies to make Apple the company it is today. Slowly Apple has been abandoning Jobs’ strategies that had made Apple successful. Steve Jobs was a master of a strategy known as UPOD. UPOD stands for under promise and over deliver. Now Apple has officially announced that it is
Nokia stock is falling on news that the company will not pay its hefty dividend. Nokia was paying a dividend that yielded about 4%. Despite the elimination of a stream of cash to shareholders, the dividend cut is good for Nokia because its cash stood only at 4.36 billion euros at
This post was just published on ZYX Buy Change Alert. As of this writing THC is approaching 100% return. It pays in the long run to not be a pig and realize some profits. As of this writing the stock is trading at $39.26. What To Do Now? Those holding the
This post was just published on ZYX Buy Change Alert. NOK has cut its dividend to give it more time to execute a turnaround. The stock is falling on the news. The fall is a buying opportunity. What To Do Now? Those in the stock may continue to hold but not add
It is a sign of the times. Call it a tale of two stocks after earnings. Both Apple (AAPL) and Netflix (NFLX) reported earnings after the close. It is said that a picture is worth 1,000 words. The chart tells the story better than any words can describe. There is a mind boggling 43%
This post was just published on ZYX Short Sell Change Alert. Now there is a fill on FB for a 10% tranche. Consider a stop zone of $33.61 to $33.78.