Proven Track Record of Most Accurate Analysis
Proven Track Record
of Most Accurate Analysis
This post was just published on ZYX Buy Change Alert. KBH is a home builder. The trigger here is FOMC minutes. Consider accumulating a 40% tranche in the zone of $17.60 to $19. In the pre-market it is trading around $18.80. Target zone is $24. to $25. Stop zone is $16.23 to $16.38.
Apple (AAPL) has a new car dashboard design that it calls revolutionary. The dashboard design encompasses touch screens, cameras tracking head and eye movements, lasers as light sources, and voice controls. Apple claims that its design will cost less than traditional dashboards, will be more visually appealing, and enhance safety. The U. S. Patent and Trademark office has granted Apple patent number 8,482,535 titled ‘Programmable tactile touch screen displays and man-machine interfaces for improved vehicle instrumentation and telematics.’ The patent has 23 claims. Here are the five reasons why Apple’s new car dashboard design will fail. The Design Is Inelegant
At a time when much media negativity surrounds Apple stock, it is important to remember that most of the media was expressing positive views on Apple stock when it was $700. Sentiment can change quickly. One potential development on the horizon that may change said sentiment is a new look at wearable gadgets. The chart linked below shows the first target on a sentiment change. This target is the same neckline that presaged the fall in Apple AAPL stock after the formation of the head-and-shoulders pattern. Please click here to see the annotated chart of Apple. Steve Jobs totally transformed smartphones when
Since Friday, there have been three new ominous data points for Apple, which is scheduled to report earnings on July 23, 2013 after the market close. First Samsung reported lower than expected earnings estimates. Galaxy S4 from Samsung is the main rival of iPhone 5. Lower than expected earnings from Samsung are due to slowing sales of Galaxy S4. (For a more detailed analysis, please see Samsung Earnings Outlook Suggests Saturation In High End Phones.) Taiwan’s HTC, another big player in the high end smartphone market, also reported lower than expected earnings. HTC reported operating income of NT$1.05 billion on revenues of NT$70.70 billion. In
Early Friday Samsung issued a sales and earnings outlook for the second quarter of 2013. The Korean firm’s estimate for sales is 56 – 58 trillion won and the estimate for operating profits is 9.3 – 9.7 trillion won. These numbers represent an 18% increase in sales and 44% increase in operating profits over the second quarter last year. Stocks do not move based on absolute earnings and revenues, but they move based on the differential between the reality and analysts’ estimates. As good as Samsung’s numbers are they are below consensus estimates, just like Apple AAPL (AAPL) earnings over the last couple of quarters. Shares
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) STRONG EMPLOYMENT DATA IN THE U. S., MORE LIQUIDITY IN EUROPE AND GOLD FALLS July 5, 2013 This morning the U. S. Department of Labor reported strong employment data. Non-farm Private Payrolls increased by 202K vs 180K consensus. More importantly, hourly earnings in June increased by 0.4% vs. 0.2% consensus. Yesterday both European Central Bank and Bank of England indicated that they will provide more liquidity. Draghi said that interest rates in Europe could fall further. The
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.) VERY SHORT-TERM OVERSOLD CONDITION RELIEVED, GOLD TRADING UNDER $1200 June 28, 2013 The oversold condition of the stock market in the very short-term has now been relieved. The trading pattern of the market now will be a valuable tell. Gold continues to trade under $1200. Gold futures are at $1192, silver futures are at $18.58, and oil futures are $97.23. S&P 500 resistance levels are 1625, 1635, and 1650; support levels are 1600, 1575, and 1570.
After carefully studying BlackBerry’s (BBRY) financial results released this morning and listening to the conference call, my conclusion is that the chances of BlackBerry being bought just dropped dramatically. A major support under BlackBerry shares has been the prospect of a buyout. Unless there is some new information, BlackBerry shares are likely to fall. Here are the highlights of the earnings report: • Revenue $3.1 billion, up 15% sequentially from the previous quarter • North America revenue grows sequentially 30%, APAC revenue grows 35%, EMEA revenue grows 9% • Shipments of 6.8 million smartphones, up 13% sequentially from the previous