Posts Tagged ‘Apple’

April Starts With An Apple (AAPL) Bang

9:00am (EST) The bears had a slight edge going into Monday’s session as negative news from overseas weighed on Wall Street.  The bulls were roaming on Sunday night as futures were up which lead us to believe Monday would be an up day despite the fact the indexes opened lower. Read more

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Bears Growl as S&P Falls Below 1,350

1:15pm (EST) We said March Madness would come early and that volatility would pick up in the market.  Today’s weakness is all about the Greek debt situation, which is back in the front burner.  There is a Thursday night deadline for Greece and its bondholders to come to an agreementRead more

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Apple (AAPL) Showcasing New Products

12:30pm (EST) The bulls used some overseas news to stage a big rally this morning while economic reports continue to come in mixed here in the US.  Futures were pointing towards a strong open after China and Australia reported growth in their economies while a better-than-expected ISM number here atRead more

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Bulls Rally to Resistance/ RIMM at Crossroads

1:05pm (EST) There was little doubt the market was going to test resistance levels again today as futures were showing a strong start to the session.  Most of the good news came from across the pond as a number of European banks reported better-than-expected earnings and strong PMI data hadRead more

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Apple (AAPL) Moving In On RIMM's Turf

12:50pm (EST) The market is mixed after getting off to a good start but less than stellar economic news has cooled the enthusiasm.  Earnings continue to dominate the headlines but the bulls are having trouble breaking through the upper resistance levels we outlined in the morning update. The consumer confidence report cameRead more

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Will Apple (AAPL) Split After The Bell?

1:00pm (EST)  Futures were already pointing towards a sharply lower open this morning after a number of “disappointing” earnings announcements, but the Dow is holding three fingers up as it struggles to stay afloat above the 10,000 level. It’s been all about the revenue numbers, and we mentioned this asRead more

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May New Homes Sales Down 33%

1:05pm (EST) The bulls got some more bad news this morning and after a positive start the market quickly reversed course after a terrible housing number derailed any momentum the bulls were trying to gather. Sales of new homes fell off a cliff, tanking 33% to 300,000 last month as potential buyersRead more

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Market Action Choppy, Dendreon (DNDN) Slips

1:10pm (EST) The bulls tried to rally the market at the open but after a brief stay in positive territory the major indexes are mixed.  The euro fell to a low of $1.188 before bouncing back to $1.192 which helped stabilize the overseas market but the trend is still bearishRead more

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Smoke-N-Mirrors Can't Save Bulls

9:00am (EST) The bulls put on a good show for much of yesterday’s session, but the lack of follow-through has been apparent for a few weeks now.  Despite some robust economic news, the bears were able to erase all of the gains their counterparts had made and scored a huge winRead more

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A123 Systems Jumps 17%

9:00am (EST) To quote a famous football coach of the Green Bay Packers back in the day… “What the hell is going on around here?”… We did a big write-up on A123 Systems (AONE, $17.09, up $2.56) yesterday at 12:45pm when the stock was at $14.75 and shortly after 1pm theRead more

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