The following is technical & fundamental analysis of Apple ( AAPL ) stock for 1/26/09. You can view a stock chart of this analysis at : http://blackberrystocks.com/aapl.html
Apple Support and Resistance Levels:
Resistance - $90, $97.17, $103.60
Support - $85, $80, $78
Apple AAPL reported wonderful earnings last week and is currently trapped between the 10 and 50 day moving averages....$90 is your magic number going forward, a close back over $90 is what I am looking for to get bullish on the stock going forward. $90 was the previous support but since it failed, it is now strong resistance. When traders are willing to hold AAPL over $90, this will be a sign of a trend change. After $90, $97.17 will be another level to watch.
The positive thing about AAPL stock right now is that the Steve Jobs health news is already priced in since the news was released two weeks ago. I believe that the selling going on at $78 area last week was due to the theory Steve Jobs may never be back. If Steve Jobs does come back in June, you could see a $10 upside pop in AAPL shares.
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Showing posts with label steve jobs. Show all posts
Showing posts with label steve jobs. Show all posts
Saturday, January 24, 2009
Monday, January 5, 2009
Apple AAPL Steve Jobs 1/5/09 Statement
Apple AAPL has released a statement on Steve Jobs today, 1/05/09
It is widely recognized both inside and outside of Apple that Steve Jobs is one of the most talented and effective CEOs in the world.
As we have said before, if there ever comes a day when Steve wants to retire or for other reasons cannot continue to fulfill his duties as Apple's CEO, you will know it.
Apple is very lucky to have Steve as its leader and CEO, and he deserves our complete and unwavering support during his recuperation. He most certainly has that from Apple and its Board.
- Apple CEO Steve Jobs has been losing weight due to a Hormone Imbalance that has been depriving him of proteins. The Remedy is simple and he has begun treatment
It is widely recognized both inside and outside of Apple that Steve Jobs is one of the most talented and effective CEOs in the world.
As we have said before, if there ever comes a day when Steve wants to retire or for other reasons cannot continue to fulfill his duties as Apple's CEO, you will know it.
Apple is very lucky to have Steve as its leader and CEO, and he deserves our complete and unwavering support during his recuperation. He most certainly has that from Apple and its Board.
- Apple CEO Steve Jobs has been losing weight due to a Hormone Imbalance that has been depriving him of proteins. The Remedy is simple and he has begun treatment
Wednesday, December 17, 2008
Dow Jones Futures 12/17/08 - Stock Market
The Dow Jones and Stock Market Futures are giving some of their gains today, 12/17/08, as futures are pointing lower in pre market trading. You are seeing profit taking across the board as well as a little nervousness about the auto bailout again as they still have not reached an agreement. As I stated in my technical analysis, we had a major breakout yesterday and I plan on buying any major pullback until the trend changes on me. The Dow Jones really needs to break out over 9000 for us to advance this move further. The Volatility Index has fallen significantly this week and that tells me people are comfortable owning stocks in the mid 8000 level. Another thing to watch today is Apple ( AAPL ). Apple came out with news last night about Mac World. They will be discontinuing this event after 2009. This announcement is creating some fear that Steve Jobs is having some health problems.
Stock Market Futures December 17, 2008
Dow Jones Futures - Down 110
Nasdaq Futures - Down 17
S&P 500 Futures - Down 12
Today's Biggest Gainers
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Stock Market Futures December 17, 2008
Dow Jones Futures - Down 110
Nasdaq Futures - Down 17
S&P 500 Futures - Down 12
Today's Biggest Gainers
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Tuesday, September 9, 2008
AAPL Steve Jobs Blames Hedge Fund
Steve Jobs has come out an blamed a Hedge Funds for spreading rumors about his health. He blames this fund or funds for bashing his health as a way to get Apple's ( AAPL ) stock price down.
Hedge Funds short Apple ( AAPL ) stock make money when the stock price falls vs when they go long a stock and make money when the the rises.
Hedge Funds short Apple ( AAPL ) stock make money when the stock price falls vs when they go long a stock and make money when the the rises.
Tuesday, July 22, 2008
Wachovia Bank WB - Caterpillar CAT Earnings
This morning we have had a number of earnings reports come out.
Wachovia Bank WB: had a wider then expected loss and cut their dividend to 5Cents from 37 cents. WB is trading in pre market $12.10 down 7.5%
I will note this on Wachovia.....about a month ago the Fast Money Guys told viewers not to buy Wachovia Bank until they cut their dividend....and today they did just that. Guy Adami on Fast Money told viewers to wait until WB trader 125 million shares on a down day to get long. Today could be the day you may want to get long.
Caterpillar CAT: reported solid earnings this morning $1.74 per share vs $1.54....stock is up 3% in pre market.
Brocade BRCD is buying Foundry Networks FDRY
Tonight keep your eye in ISRG earnings.....that stock moves bigtime!
Apple AAPL is down 10.50% at $148.70......I'm looking for $145 or lower and then I think it would be an interesting buy. The problem I have is all the good news is out.....your going to have three months of people questioning earnings and Steve Jobs health...no new products....rebate checks are done for the most part. I am hesitant to buy here. Just my opinion!
Wachovia Bank WB: had a wider then expected loss and cut their dividend to 5Cents from 37 cents. WB is trading in pre market $12.10 down 7.5%
I will note this on Wachovia.....about a month ago the Fast Money Guys told viewers not to buy Wachovia Bank until they cut their dividend....and today they did just that. Guy Adami on Fast Money told viewers to wait until WB trader 125 million shares on a down day to get long. Today could be the day you may want to get long.
Caterpillar CAT: reported solid earnings this morning $1.74 per share vs $1.54....stock is up 3% in pre market.
Brocade BRCD is buying Foundry Networks FDRY
Tonight keep your eye in ISRG earnings.....that stock moves bigtime!
Apple AAPL is down 10.50% at $148.70......I'm looking for $145 or lower and then I think it would be an interesting buy. The problem I have is all the good news is out.....your going to have three months of people questioning earnings and Steve Jobs health...no new products....rebate checks are done for the most part. I am hesitant to buy here. Just my opinion!
Monday, July 21, 2008
Apple AAPL Earnings Steve Jobs
Where was Steve jobs on the Conference Call? Hes never really on a conference call....but an analyst asked if there was anything wrong with Steve Jobs health and the CFO said Steve Jobs health is a private matter.
A private matter? He is the face of the company.....he is the Warren Buffet of Apple.
Apple stock is plunging afterhours to $148. I have in my technical chart from the weekend that there is support at $145......but given the plunge....I'm waiting this one out!
A private matter? He is the face of the company.....he is the Warren Buffet of Apple.
Apple stock is plunging afterhours to $148. I have in my technical chart from the weekend that there is support at $145......but given the plunge....I'm waiting this one out!
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