Category Archives: Apple

U.S. Equities Playing Catch Up

Posted on December 17, 2012 by macromon

As stock markets have been breaking out all over the world, U.S. equities have lagged over fiscal cliff fears.  We think the U.S. catches up as the ROW (rest of the world)  takes a little breather. Clearly the two big … Continue reading →

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Apple’s Problem? A Matter of Scale

Posted on December 14, 2012 by macromon

Apple’s brutal downdraft continues, now down over $20 on the day as we post. What’s the problem?  Lack of lines for the iPhone5 in China?  Maybe today’s catalyst. We think, however, the market is coming to the conclusion the company … Continue reading →

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Apple’s Profits in Context

Posted on December 11, 2012 by macromon

How big is Apple?  Big. Statista’s nice graphic juxtaposes Apple’s profits against others – combined! If an an independent country, Apple’s annual profits would rank as the 85th largest GDP in the world out of the 186 countries monitored by … Continue reading →

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Apple’s Key Fibonacci Levels

Posted on December 10, 2012 by macromon

Great chart from Motivewave.com via Susie Q over at Stock Twits. Apple just can’t hold a bid since its big bounce off  $505 on November 16th.  It either opens at its high and trades down all day,  or gaps down … Continue reading →

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Chart Gazing

Posted on December 9, 2012 by macromon

We take a look of some of the more interesting charts in the various assets, indicies, and commodities we cover. Apple Probably the most talked about death cross in ages.  Apple’s 50-day moved through its 200-day moving average last week … Continue reading →

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Apple and Tim Cook

Posted on December 6, 2012 by macromon

Nice reversal — again — in Apple. At least when they shake the tree really hard there are still buyers to pick up the nuts.    They tried to sell it into to close but bids came in.  The stock is … Continue reading →

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Cliff Diving – Day 18: Can Kicks Back

Posted on December 5, 2012 by macromon

Lots of divergences today. The markets caught a bid on China’s Shanghai catching a bid from nowhere.   The Shanghai was up close to 3 percent and off a three year low,  which had the index down 11 percent for the … Continue reading →

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Apple’s Jaw Dropping Flop

Posted on December 5, 2012 by macromon

What a flop! Apple’s $37 plus, 6.43 percent sell off was surreal. The world’s largest and most profitable company giving up almost $40 billion of market value while the rest of the market basically yawned? That doesn’t happen often. The … Continue reading →

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China Not So Yummy

Posted on December 1, 2012 by macromon

Wow! Take a look at YUM! Brands’ swan dive today on huge volume after they announced Q4 same store sales in China will be negative. For the fourth quarter, stronger than expected operating performance from Yum! Restaurants International and our … Continue reading →

Posted in Apple, China, Earnings | Tagged , , | 1 Comment

Stock Picking Matters: Apple v Microsoft

Posted on November 27, 2012 by macromon

Stock picking is true for even us Global Macro types. Past may not be prologue as the WSJ article from where the chart is sourced argues,  but this is one incredible 10-year outperformance. Microsoft for the past decade also has … Continue reading →

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