It was a mixed earnings report for Apple . Earnings for the last quarter were good, but the projections for this quarter were ugly with Apple forecasting $33.5 billion to $35.5 billion in revenues, compared to a consensus view of $38.6 billion. Bears are also likely to seize on projected lower
On Tuesday, my inbox was flooded after my last column, “Seven Reasons Not To Be Foolish Ahead Of Apple Earnings.” All of the emails were from readers who felt that they knew for sure what Apple was going to do after earnings. About half of the email writers felt strongly that Apple
Apple Inc.’s just-released earnings show quite a contrast between the recent past and the near future. The projections for next quarter are downright ugly while earnings for the last quarter are a thing of beauty. First let us examine the technicals of Apple AAPL stock and then we will move on to
After the recent collapse in gold and silver, some mega bears are coming out of the woodwork. Several have targets that are scary for investors in gold, with them predicting a fall below $1000 for gold, with $800 appearing to be a favorite number. (I have seen targets as low
Quarterly earnings from Apple for the three months ended March 30 come out Tuesday after the market closes. Unlike in prior quarters, there is not a high probability scenario that can be laid out with any degree of confidence ahead of earnings. Acting on Apple stock ahead of earnings this
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) GOLD BREAKS ABOVE $1400 AFTER G20 ACCEPTS ABENOMICS April 19, 2013 Gold has broken above $1400 as G20 accepts Abenomics. G-20 refers to the group of 20 major economies.
This post was just published on ZYX Buy Change Alert. The company is a provider of shallow water drilling and marine services to the oil and natural gas explorations and production industries. The company is a potential buyout target. HERO is long with an average price of $2.55. Currently, 50% of the
Until yesterday Apple AAPL had been holding strong after testing its support around $419 multiple times. Today that support has decisively broken with shares plunging more than 6% and briefly below $400 to as low as $398.11 this afternoon. The reason for the crushing action lower in Apple shares is what can be
Apple became the largest company in the world by market capitalization on the strength of innovation in mobile phones. Fortunately for Apple, the last several years there has been a consumer trend to treat their phones as status symbols or fashion accessories. This kind of consumer behavior has also been
This morning, Dish Network started a takeover battle for Sprint. Dish is offering $7 per share which includes $4.76 in cash and the rest in Dish stock. Sprint has an existing deal to be acquired by SoftBank of Japan. Both offers from SoftBank and Dish are expensive because they represent about