Today, Apple is continuing its move higher. The trigger is a report in the Wall Street Journal that Apple has signed a deal with China Mobile. The WSJ report shows that the traders were correct in looking forward yesterday and not reacting negatively to a subsidiary of China Mobile pulling iPhones from
Click here for a bigger chart. After Apple AAPL stock had lost its momentum in recent months, it has spiked higher in the past two weeks and outperformed the S&P 500 by 8.8%. Here are seven reasons that Apple is moving higher again. The Incredible iPad Buzz It all started on November
This post was just published on ZYX Buy Change Alert. The position is long with an average price of $58.88. Currently, 10% of the full core position size is being held. Profits have been taken as high as $62.10. WMT reports Q3 EPS $1.14, consensus $1.13; reports Q3 revenue $115.69B, consensus
It was just last month that Apple released iPhone 5C with fanfare. It was the first time that Apple had introduced two iPhones at the same time. Also iPhone 5C was the first ever mid-market phone introduced by Apple. Two data points show that iPhone 5C has hastened a march
Apple AAPL has managed to attract the first woman to its top ten executive team. The woman is Angela Ahrendts, CEO of Burberry Group Plc. The stock market clearly views Apple hiring Ahrendts as a loss for Burberry; as of this writing, Burberry stock in London is trading down about 5%. Ahrendts will become the
Yesterday, Apple announced two new iPhones, iPhone 5S and iPhone 5C. Today, at an event in Beijing, Apple announced new iPhone availability at two smaller carriers, China Unicom and China Telecom, but no deal with the largest carrier, China Mobile. Wall Street is venting its disappointment: Bank of America, UBS,
It was not long ago that teens flocked to Apple (AAPL) products because they were ‘cool.’ iPods were first adopted by teens and then migrated to their parents. Of late, Apple is losing its ‘cool factor.’ As innocuous as it may seem, the perception of the loss of ‘cool’ has increased the
The brilliance of Steve Jobs at Apple (AAPL) has been embodied in a carefully cultivated image for Apple products. Jobs created elegant products that appear to be meant for the elite but were sold to the masses. When the masses bought Apple products, they felt good because they were buying what the rich were
My heart goes out to the victims, the families and friends of the tragedy at Sandy Hook Elementary School in Newtown, Connecticut. Out of respect for the victims and their families, I neither traded nor recommended a trade on gun stocks since the tragedy. After all making money is the last
This post was just published on ZYX Buy Change Alert WMT just reported EPS of $1.08 vs consensus of $1.07; revenues of $113.9 billion vs consensus $114.95 billion. For the next quarter WMT projects $1.53 – $1.58 vs consensus of $1.59. For the year, WMT projects $4.88 – $4.93 vs consensus of $4.94. Earnings are a