Tag: Apple

  • The Pullback in Apple is Severely Overdone

    The Pullback in Apple is Severely Overdone

    The pullback in Apple is overdone. After gapping from about $180 to about $169, Apple became oversold on RSI, MACD, and Williams’ %R, where it typically bounces. If you pull up a one-year chart of Apple, you can see that each time these indicators align in oversold territory, Apple starts to pivot higher. That’s what…

  • Hedging Apple Into Earnings May be Best

    Hedging Apple Into Earnings May be Best

    Apple’s (AAPL) earnings are up next. And analysts, like Wedbush’s Daniel Ives, are bullish. In fact, according to the analyst, Apple’s iPhone revenue should be in line with expectations when it reports earnings on Thursday. At the moment, expectations are for Apple to report sales of $92.91 billion, with $48.8 billion of that figure coming…

  • Wait for the Smoke to Clear Before Buying Tesla

    Wait for the Smoke to Clear Before Buying Tesla

    Elon Musk says Tesla could become the world’s most valuable company. “I see a potential path with Tesla worth more than Apple and Saudi Aramco combined,” he says, which would give the company a $4.4 trillion value. Unfortunately, his bullishness has done very little for the stock today. All thanks to recent earnings.  In its…