Better yet, how about the S&P so close to all-time highs. Obviously a cheap dollar and an export boom, but wow anyways. Take a look at the three month chart of Fannie Mae and Citibank . What about the homebuilder index . You would think the Dow would be below 10,000 with those charts. Basically, …
Tagged: Apple
Deep Thoughts on The 'Rally'?
I love rallies. It is so American. Today we have the E-Trade Bottom. I have been waxing caution and patience the last week based on the price action and to some been downright bearish. Crazy since I only had bought puts yesterday (covered them this morning). The puts would have worked out if not for …
Do or Die Points for The Market Leaders
I asked my friends Cole and Eric at Blackstar for their long-term trend stop points on my favorite leaders. Here they are: RIMM – $85.89 GRMN – $73.44 GOOG – $609.04 BIDU – $259.89 OIH – $154.78 AAPL – $141.08 I will be using their Garmin, OIH and Apple stop points, but stopped out of …
Tempted…
Here are stocks that are tempting me to add: Garmin RIMM SBUX Apple Blackstone VM/Ware or EMC (now underwater on EMC so I could just as well be stopped out right here) Gold stocks Selected Oils or OIH add Today, I was stopped out of Baidu and Google. I only owned tiny amounts as I …
Fake Steve Jobs on Wallstrip
A great interview tomorrow with the ‘REAL’ Fake Steve Jobs on Wallstrip. He won’t discuss the death of Podtech . I did that months as you know. He will discuss important stuff though. He’s a funny dude.
Apple Passes IBM WITHOUT China in the Mix…Apple is still Early
My friend Maoxian has an interesting post up on the top 25 brands in China: 1. BMW 2. Microsoft 3. Intel 4. Mercedes Benz 5. Coca Cola 6. IBM 7. Haier 8. Nokia 9. Wuliangye 10. Kweichou Moutai 11. Airbus 12. Porsche 13. Audi 14. Lenovo 15. Motorola 16. Wal-Mart 17. Boeing 18. Google 19. …
Apple Worth More than IBM…What it Means
It means IBM is overvalued. Booyah ! If I get the urge to sell any more Apple, please remind me to short IBM instead :) . Disclosure- Long Apple
Apple Accelerating
Amazing yes, but if you grow 67 percent this deep into a run, maybe it’s just not close to being over. I am thinking that Synaptics is just going to blow away numbers on November 1st as they are a supplier to all things Apple. The stock has had an amazing run, but the next …
Wallstrip Turns ONE Today…We Celeberate with Guns as all Americans Should (SWHC)
One year and going strong. Buying the strongest performing stocks and adding great brands on 20-30 percent drops is what we do. It has been a great market so it’s not that we are smart, but we are proving that having a strategy works. Our first week of stocks from last October are up on …
Microsoft…Can't Stop Copying
It’s pretty pathetic that all the supposedly smart minds in Seattle can’t think for themselves. I was in the Apple store today (packed as usual and at an odd time) trying to buy Microsoft Office for a few new machines around the house and office. Of course, there was the $499 pack for old people …