All Posts Tagged With: "GOOG"
Apple Leading the Way to a Total Tech Breakdown
Ok, now before you get your pants in a bunch, listen to what I’m saying here, and take note of the facts. Apple is the de facto leader of the Technology Sector - fact. Apple has broken through its long-term trend line - fact. Apple is currently in a strong downtrend - fact. This downtrend is underscored by its weekly chart, where as I have pointed out in a previous article, AAPL has plotted three successive candlesticks, each with lower highs and lower lows, a pattern known as Three Crows. This is an extremely bearish pattern, and just like the one we saw just before the plunge to 115 this past January.
14Sep2008 | Zach Bass | Comments | Continued
Apple Investors the Street Has Spoken, Are You Listening?
Yesterday I excoriated Wall Street for being a bunch of mollycoddled, overfed, aircon-softened weenies, that lacked the courage and conviction to move the ticker past their adversaries. I suggested that they were softened by their extended summer vacations, perhaps too many mint juleps.
Accept the challenge so that you may feel the exhilaration of victory - [...]
Apple Investors Stay Tuned While We Pause for this Intermission
I’ve said in recent posts that the weekly charts look good, but the near-term charts, the dailies and especially the 60 minute charts don’t look so good. We have positive divergences in the former and negative divergences in the latter. And for a sustained impulsive rally, you need multiple time frames to confirm one another.
The [...]
Apple Feels Max Pain, Bears Capitulate, Earnings Bite
Many of you are probably wondering what is going on with Apple. They come off a historic product release, products are flying off the shelves, customers are in lines that extend for blocks waiting to hand over gobs of cash, and the media is abuzz 24/7 over Apple’s sheer brilliance. Yet the stock is stuck in the mud.
18Jul2008 | Zach Bass | Comments | Continued
Apple Dead Last in Exploited Horse Race?
By most accounts today’s action was encouraging. After an initial rough start, the markets soared into the close. Most investors were expecting a bounce at some point, it’s a normal occurance in a Bear market as stocks get oversold and fear peaks. So, how was this Bear rally different from those that came before? The short [...]
16Jul2008 | Zach Bass | Comments | Continued
Apple Investors Where Have all the Leaders Gone?
There’s absolutely no giddy up in the Four Horsemen of Tech, as AAPL, AMZN and RIMM are all on steep slopes with little traction, as their MACDs are pointing straight down. GOOG got an upgrade from Citigroup, by replacing Expedia Inc as Citi’s No. 1 choice for its top picks live list — this is [...]
1Jul2008 | Zach Bass | Comments | Continued
Apple Shows Fight, Markets on Full Breakdown
The market is on full tilt, and it’s not pretty. Every major index has now broken down below their respective 50-day moving average. The Naz was the last stalwart, but it lost it’s uptrend support at 2443, which now represents strong resistance. And there’s little fight left, as the market internals are extremely disappointing, with advancers [...]
12Jun2008 | Zach Bass | Comments | Continued
Apple Unveils 3G iPhone, Trader Outlook
This Monday, Apple’s CEO Steve Jobs unveiled the 3G iPhone to the world, and at a much lower price point than previous versions; $199 for the 8 GB version, and $299 for 16 GB. The new phone has a minimalist set of features compared to conference attendee’s expectations, which includes built-in GPS. The new iPhone [...]
9Jun2008 | Zach Bass | Comments | Continued
Buy The Market, Buy AAPL!
All the pieces are in place to continue this breakout. The Jobs report this morning was much better than expected, only 20,000 fewer jobs, compared to the consensus of 80,000. That’s a HUGE difference and great news. Who are these analysts anyways? How could they be that far off?
This confirms it, buy the market. What [...]
