Tag Archives: aapl

Bobbing for Apple…

Posted on Apr 27, 2016 by .

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http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=1&mn=0&dy=0&id=p20970412253&a=456428947 That ugly gap on the chart is one of the reasons we don’t like to trade stocks.  Somebody doesn’t answer the phone and the stock wakes up down 5 or 6%.  But it is what it is and market insults result in a buying opportunity.  Apple has led nothing but a turbulent life with […]

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The apple of discord at the musical chairs game…

Posted on Sep 04, 2014 by .

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  http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=6&dy=0&id=p89937842377&a=296650072   The music stopped in Apple and by the time the big traders found chairs it had shaved 4% off the price.  Everything being linked (the footbone connected to the ankle bone, the ankle bone connected to the leg bone…), the market paid the price.  Rumor had it that traders were poised to […]

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Rocket leaving yesterday. Don’t miss it.

Posted on Feb 11, 2014 by .

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  http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 We love to be on the train as it pulls away from the station and we wave at investors with opinions and beliefs standing on the platform convincing each other that –as the passing chicken has persuaded them– the sky is about to fall.  Instead there  is a plethora of issues to buy. […]

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A second bite at the apple…Gold problems

Posted on Sep 12, 2013 by .

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http://stockcharts.com/h-sc/ui?s=GLD&p=D&yr=0&mn=9&dy=0&id=p79177025382&a=255869372 We shorted gold based on the downgap.  A trade rather than an investment. The August buy signal canceled by the retreat and gap constitute that phenomenon technicians regard as a high probability trade — signal- canceled signal — new signal in the other direction. Apple, on the other hand —  Yesterday we spoke favorably […]

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Shining the apple, tarnishing the gold

Posted on Aug 13, 2013 by .

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  http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=9&dy=0&id=p56283038138&a=256938322 In July we noted that Apple had formed a double bottom and was buyable.  Today Apple is breaking out with a serious power bar.  Looks like the Apple game is back on.   There are at least two valuable lessons here:  Buying in July would already have reaped  a profit; and waiting for […]

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