The Arora Report published a “sell” signal on Apple’s stock before the iPhone 8 and iPhone X launch. At the time, Apple AAPL was trading around $164. Please see “Investors who recently bought Apple’s stock should consider locking in profits.” Now that that call has proven to be correct, I am
I am getting a lot of questions about Amazon’s stock. Some investors want to aggressively buy for the long term. Others want to unload and lock in gains. Let’s review the company, and then I will give you key pointers to help you invest in Amazon the right way. Chart
Don’t be fooled by the lackluster iPhone event held Tuesday A magnet is pulling Apple’s stock price to $200 — and beyond. The strong pull consists of fundamentals, technicals and market mechanics. Let’s explore that, starting with a chart. The chart Please click here to see an annotated monthly chart
Prudent investors prepare for different scenarios. Right now, the stock market is assuming two things. First, regarding North Korea, that people in power on all sides are rational. Second, a buy-the-dip mentality will prevail and machines that trade large volumes every day will not make mistakes. To understand that latter
President Trump’s economic adviser, Gary Cohn, said that starting this week the administration expects to launch a tax campaign that will lead to major legislation by the end of 2017. That would have major implications for investors, and you should consider trying to get ahead of it. To be prepared
After languishing for a few days, FAANG stocks are back in a big way. That’s because FAANG cowboys are once again enamored about big technology stocks. I call those investors cowboys because they seem mesmerized by the potential rewards of buying into the momentum but appear mostly oblivious to the
The U.S. stock market is overbought, and the weak seasonal period is upon us. Overbought markets look for excuses to sell off. Please see “Will Trump’s lack of leadership become an excuse for a big selloff in stocks?” If the momo (momentum) crowd that has been running up this market
This post was just published on ZYX Buy Change Alert. LOW is long from $72.26. As of this writing it is trading at $77.52. Partial profits have previously been taken. LOW was recently bought on a down spike on fears of AMZN. Protect profits by raising stops on the remaining position in
Prudent investors ought to pay attention to a menacing pattern developing in the stock market. Please click here for an annotated chart. The chart is of the Nasdaq 100 ETF QQQ, A similar pattern can be seen in S&P 500 ETF SPY, I picked QQQ because the pattern is more
I have been flooded with emails from investors who are asking: If they could buy only one stock or ETF, what would it be? The questions appear to stem from the decline in Alphabet’s GOOG, GOOGL, stock after the company reported great earnings but lower revenue per click. Alphabet has been