The $AAPL Chart Speaks:7 things it is saying

          Where is the Apple that we use to know? It is crucial that we stay mentally flexible and trade what the chart is saying. Anything could happen next week. Apple could reverse and make a run for the 50 day as institutions start loading up at bargain prices or if we lose the 200 day we could roll over and start testing the $575 area. Don't … [Read more...]

My Thoughts on 3 Charts

    Apple is a strange animal. We have one of the world's biggest market cap stocks at a value stock price with growth stock earnings. Apple itself is asymmetric, with all the naysayers continuing to believe that it is too big to grow and that it must stumble eventually we are sitting with a 16 P/E in a stock with +78% annual earnings growth. Negativity is already … [Read more...]