Tag: apple
You know you are in a third wave in the Dow when ‘unexpected’ bad economic news heralds an upward surge. That’s what happened yesterday with the non-farm payrolls coming in way under expectations. Of course, traders took that as sealing the deal with the Fed
With Apple’s recent profit warning, every pundit has suddenly jumped on the ‘Apple is a busted flush’ bandwagon. The headlines tell it all – here is one: “Apple just sparked a rude awakening on Wall Street and it could get worse“. And another: “After a
Last week I saw – and forecast – a major breach in the defences of the Tech Titans – and I was there ahead of the game to advise short positions to Pro Shares members before the dams broke. My main target was Amazon as
I believe we are very close – finally – to the big swoon in stock indexes most of us have been waiting for (some more patiently than others!) And I will lay out my updated case here, which I believe is stronger than ever. Last
Investors’ love affair with Apple has not dimmed over the past few months. Heck no – in fact, their ardour has burst into flames with the posting of a new all-time high today at the $137 level, just surpassing the April 2015 high of $136.
Stock markets are now in no-man’s-land, with no clear neat-term direction. In fact, I anticipated this phase since the May 6 low in the Dow/S&P. That is why I have advised caution in taking new positions until the fog clears. While global economies continue along
Yes folks, 2014 is going to be a very different year from what we have been used to. The Great Central Bank Reflation has kept the balls in the air for a few years, but this year is the Year of Reckoning. All kinds of
