All Posts Tagged With: "AAPL"
How the Apple Investor Will Succeed in 2009
First of all, let me wish everyone a Happy New Year and my sincerest wish for your good health and prosperity in the year to come. Also, I want to let you know that I have fully recovered from my bout with pneumonia, and plan to resume the Apple Investor podcasts next week.
Many of the [...]
Apple Has an Inside Day, Not a Good Thing
An inside day is a Technical Analysis term that means the price action, from the opening and closing highs and lows of the day, were completely engulfed by the previous day. In other words the opening high from the previous day was higher, and the closing low was lower. Well, that’s exactly what happened to [...]
24Dec2008 | Zach Bass | Comments | Continued
Apple and Markets Breaking Down
Back on December 12 I declared that the Bear Rally was over. Although it may have seemed somewhat premature, especially after the auto-bailout injected at least some temporary life back into the market, it turns out the call was spot on. At the time my analysis was based on the Bulls inability to hold the [...]
23Dec2008 | Zach Bass | Comments | Continued
Apple Investors Step Away from the Distortion Field
I started blogging about being an Apple Investor to journal my activities, with the hope that I might learn from both my mistakes and successes. I felt I was loosing the objectivity I needed, as I was becoming too emotionally attached to the stock. It took a long time for me to realize that the [...]
20Dec2008 | Zach Bass | Comments | Continued
The Bear Rally is Over Part 2
One week ago I posted that this bear rally was coming to an end. Actually the post was intended to be a scathing review of a few Apple analysts that are doing a disservice to investors by inventing this cloak of invincibility around Apple. Well, no company is safe in this market, least of [...]
19Dec2008 | Zach Bass | Comments | Continued
Jobs One More Thing No More
Sure, it’s a big deal that his Steveness won’t be delivering the keynote at this up coming Macworld. It’s a big deal for the people that put on Macworld, but not so much for Apple. In his place they’re sending the venerable Apple VP of Marketing, Phil Schiller. Sure Phil doesn’t have the star power [...]
17Dec2008 | Zach Bass | Comments | Continued
Apple and Markets Getting Squeezed
This Bear rally off the bottom has been quite impressive, especially in the face of a never ending parade of bad economic news. It gave the Bulls great confidence that they might not only retake the 20 day moving averages, but have a shot at the 50s as well. Well the 20s were pretty elusive, [...]
16Dec2008 | Zach Bass | Comments | Continued
Where the Truth Lies for an Apple Investor
In my last post I predicted an end to the Bear rally we’ve been enjoying. That post wasn’t well received, especially by Apple fanatics, and I can understand that. I mean who wants to see a good thing come to an end. But reading some of the replies to the post, you wouldn’t believe the [...]
15Dec2008 | Zach Bass | Comments | Continued
Apple Analysts Reality Check this Bear Rally is Over
I really enjoy reading many of the Apple analysts out there for their product predictions, market analysis, and fundamentals research. It all makes for good fodder and provides a richness to my Apple knowledge. But they contribute absolutely nothing for me as a trader or investor. In fact, I find them more distracting than useful.
The [...]
Apple Rally Stalls, and Stuff
In the course of performing my technical analysis of AAPL day-to-day price movements, I never do it with blinders on. In fact, the analysis I perform takes into account a wide range of factors that start with an examination of market futures and pre-market economic reports. And includes a broad analysis of the market indexes, [...]
25Nov2008 | Zach Bass | Comments | Continued
Apple Falls Flat, Market Rebounds
This past week will live on in infamy, unless this is just a warm up for the big show. That’s because this past Wednesday (November 19) we broke through the support level that had been holding this market up since our first monumental drop in late September, early October. Since that time we’ve been [...]
23Nov2008 | Zach Bass | Comments | Continued
Apple Investors Working From the Dregs
Click on image to enlarge
Yesterday (Monday, November 10) morning futures were sparked from world markets being juiced on the China $600 billion plan, and we gapped up. Then the government released more details about the AIG plan, that brings the total to $150 billion! I guess at the outset this all seemed like good news. [...]
02 Stymied by Indecision
Let’s get something straight before moving on, Apple and the markets are in a strong downtrend, as if that was not already tacit knowledge, and they are setting up into a Bear flag or pennant pattern. Well that’s a big surprise! Sorry for the sarcasm, but is there even a ray of hope? Well, yes, there is. But that ray is carrying some pretty low candlepower, and the hope is only for the near term.
19Oct2008 | Zach Bass | Comments | Continued
Apple Investors We’re Two-Thirds of the Way There
We’re two thirds of the way towards capitulation. Unfortunately with capitulation, as the name implies, is total and absolute, it is surrender, defeat, laying down ones arms, showing the white flag, throwing in the towel. You can’t throw the towel two-thirds of the way into the ring, can you? Of course not!
So, what do I [...]
How Low Will Apple Go?
Disclosure: Cash
Please note that I’m not asking if Apple will go lower, I’m asking what is the lowest you could possibly imagine that Apple’s stock price will go. Do you think we’ll reach last week’s low of $85, or will we shoot past $85? Perhaps you believe that we’ve already reached the bottom, and that [...]
Apple Fails to Deliver, Rally Fizzles
Now I’m not saying that Apple caused the stock market rally to fizzle, but I think a case could be made that as the de facto leader of Tech, Apple’s refresh of their notebook lineup did nothing to stem the tide of the rally. Maybe that’s a little unfair in that the rally lost steam [...]
14Oct2008 | Zach Bass | Comments | Continued
Apple is a Buy Here, and Again Here
Disclosure: Long for the Near-term
My preferred style of trading stocks is Swing Trades. You can think of Swing Trading as something between Day Trading and Trend Trading. It’s a medium term strategy, looking to hit your intended target price anywhere from a couple of days to a couple of weeks.
Swing Trading carries a bit more [...]
Will Apple Get Lift From IBM Profit?
Disclosure: Long
It’s an odd question to ask, but the Tech Sector is desperately seeking a leader. And Apple, who once held that station, has so far been unable to deliver. Has IBM assumed that leadership position with their impressive 3rd quarter profits that not only beat the street, but reaffirmed their 2008 guidance? The Crackberry [...]
Looking Forward to Apple Earnings and Guidance
Disclosure: Cash
It’s earnings season my friends. Most of the S&P 500 will be reporting in the next 2-3 weeks, including our beloved Apple. Last night we had Bank of America (BAC) report a 68% drop in net profits and announced they will cut dividends by half! Tonight (Tuesday October 7) Alcoa (AA) reported a 52% [...]
Apple Investors, the Bottom Is Not In Just Yet
Disclosure: All Cash
Fear is the word often used on the day of capitulation, but that’s not what we experienced today. No, not fear, but panic. That’s right, out and out panic! What’s the difference you might ask? Well with fear, contrarians are looking for those sentiment indicators that the market is nearing a bottom. The [...]
