Following billionaire hedge fund manager Leon Cooperman out of Apple and into Facebook is foolish, yet this is exactly what a number of investors wanted to do Wednesday. It is said a picture is worth a thousand words. The charts of Apple AAPL and Facebook FB tell the story. Please click
The search for the next Apple is on. In some quarters, hopes are high that Facebook will generate Apple-like returns. A picture is worth a 1,000 words, and the chart tells the story. Money has been pouring out of Apple stock and into Facebook stock. Facebook has outperformed Apple by about 90% in a very short time. The price pattern of a stock
This post was just published on ZYX Short Sell Change Alert. There is risk going into earnings tomorrow. It is prudent to reduce risk in the portfolio by buying to cover FB right here around $30.94 for a slight gain. Aggressive investors may choose to put a stop at #31.26 in
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.
This post was just published on ZYX Short Sell Change Alert. Consider short selling a 10% tranche right here around $31.17 to $31.70 on potential disappointment after Facebook announces its new graph search. No stop for the time being. Target zone $27 to $28.
As some investors face jitters about how low Apple (AAPL) stock can go, astute investors have been enjoying handsome profits in Apple competitors Nokia (NOK) and Research In Motion (RIMM). Since August, Nokia stock has beaten Apple stock by 182%; Research In Motion stock has beaten Apple by 98%. The chart tells the story. Yesterday
iPhone 5 has been the biggest launch of a consumer product ever. Apple (AAPL) stock has been a monster. On the other hand, its main competitor Google (GOOG) until recently languished. Going into iPhone 5 launch, nobody could have predicted that Google would defeat Apple where it counts. From an investment perspective, what counts
This post was just published on ZYX Buy Change Consider exiting FB basically for a scratch in the zone of $20. to $20.80. The stock moved up strongly after our recommendation. However the pull back in response to one article is too strong to not take protective action. In the premarket the
From an investment perspective, here are the good, the bad and the ugly of Wednesday’s iPhone 5 launch. The good Apple CEO Tim Cook said that the iPhone 5 is the most beautiful product that Apple (AAPL) has ever launched. The iPhone 5 is said to be finely crafted, like
Facebook CEO Mark Zuckerberg, hit the ball out of the park in his first interview since Facebook’s initial public offering (IPO). Since the IPO, Facebook has lost about half of its value. The consensus among most analysts has been that mobile strategy is Facebook’s Achilles’ heel. If Zuckerberg is to be believed,