Category Archives: Apple

Apple Again

Posted on November 26, 2012 by macromon

Apple was up an impressive $18, or 3.15 percent,  in today’s relatively weak market. Forbes reports sales are off to a strong start this holiday season and quotes several positive notes from analysts, Ben Reitzes, Barclays Capital: “Our checks back … Continue reading →

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Apple’s Big Day

Posted on November 19, 2012 by macromon

Apple confirmed its Friday hammer panic bottom with a $38 plus move higher, closing up 7.21 percent on the day.  Nice! How big was the move?  BIG! Apple’s $35.8 billion market cap increase on the day is larger than the … Continue reading →

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‘Toon of the Day: AAPL Gets Some Therapy

Posted on November 18, 2012 by macromon

Nice ‘toon via Mashable! Is Apple ready to bounce after its horrid almost 30 percent two-month swan dive? Friday’s humungo reversal on humungo volume looks like a decent trading bounce is coming. Even the bears seem to think so, including … Continue reading →

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Apple Trying to Bottom

Posted on November 13, 2012 by macromon

Apple looks like it’s trying to bottom.  It’s been choppy and has difficulty holding a bid.  Friday’s low at $533.72 is a must hold.  The stock remains extremely oversold with a 27 RSI, but needs a catalyst to move it … Continue reading →

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Charlie Rose: Michael Saylor, The Mobile Wave

Posted on November 9, 2012 by macromon

Excellent interview with Michael Saylor on the coming wave of new technologies.  He is the author of the new book, The Mobile Wave: How Mobile Intelligence Will Change Everything. Big disruptions and creative destruction on the way.  Never heard the term … Continue reading →

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Bears Breach Apple’s 200-day

Posted on November 2, 2012 by macromon

We posted yesterday how important Apple’s 200-day moving average is/was. We noted, “It’s been the dike that has kept the Bear Sea at bay ,” since the bull run started in March 2009.   Here’s an excerpt, Apple’s stock managed an … Continue reading →

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How Important is Apple’s 200-day moving average?

Posted on November 1, 2012 by macromon

Very.  It’s been the dike that has kept the Bear Sea at bay.  Apple’s stock managed an impressive bounce off the its 200-day moving average yesterday.  It was the first time the stock has come within $1.00 of the 200-day … Continue reading →

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Apple’s End-of-Month Window Dressing

Posted on October 30, 2012 by macromon

Interesting data on Apple’s end-of-month (eom) daily returns since the March 2009 crash bottom.  Our priors are that every PM and their mother would be buying Apple at the end the month to show they own it as the stock … Continue reading →

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Apple Misses, Guides Lower

Posted on October 25, 2012 by macromon

Apple comes in a little light at $8.67, up from $7.05 in fiscal Q4 2011.  The EPS missed estimates of $8.75.  The stock was  trading down about $10 in AH and did break $600 at one point, but coming back … Continue reading →

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World’s Ugliest Chart: NASDAQ

Posted on October 22, 2012 by macromon

Led by the ugly correction in Apple and Google’s 10 percent swan dive after its earnings release, the Nasdaq has broken its uptrend and key support at around 3040, which has held since mid-August.   The index managed to close on … Continue reading →

Posted in Apple, Technical Analysis, Technology | Tagged , , | 1 Comment