Tag Archives: Apple

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 →

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China manufacturing model under threat – Reuters

Posted on October 17, 2012 by macromon

Put this on the your inflation and profit margin watch.  And start monitoring prices at Costco and WalMart, which we see already ticking higher.  Also see our past posts. Companies like Foxconn, which assembles most of the world’s iPads and … Continue reading →

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Equities Approach Trend Support

Posted on October 10, 2012 by macromon

We’ve been out (golf trip) and totally unplugged for the past few days and come back to yesterday’s major reversal in Apple (see chart)  and a big flip in the polls in favor of Governor Romney.   Equities are selling off … Continue reading →

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Steve Jobs, The Visionary

Posted on October 4, 2012 by macromon

A year after his death, Steve Jobs’ legacy grows, his impact is still being felt and a newly discovered talk from 1983 speaks to his insightful vision. (click here if video is not observable)

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Apple’s Textbook Bounce

Posted on October 2, 2012 by macromon

Classic bounce of the 50-day moving average for Apple today.  The stock’s been behaving badly and let’s see if the correction is over.  Apple’s intraday turn helped reverse today’s market downdraft.   Watch Apple as the market tell. (click here … Continue reading →

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Nope!

Posted on September 28, 2012 by macromon

We were completely long and wrong Apple going into today.  After yesterday’s bounce and the stock’s ability to reclaim its 20-day moving average we thought it would move higher. Not to be.  The stock gave up most of yesterday’s gain … Continue reading →

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Apple Reclaims 20-day Moving Average

Posted on September 27, 2012 by macromon

Big reversal day in Apple, up around 2 1/2 percent and over $21 off its low of the day.   The positive price action helped to lift the overall stock market (see chart). The stock was able to close above the … Continue reading →

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Apple Stalling?

Posted on September 23, 2012 by macromon

Two things surprised us about Apple’s trading action on Friday. First,  given the mania around the iPhone5,  we were surprised the stock was not stronger.   Second,  how easy it was for sellers to knock the stock down from the morning’s … Continue reading →

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‘Toon of the Day: iMania

Posted on September 21, 2012 by macromon

(click here if cartoon is not observable)

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