Why UPS Could Be A Big Winner This Quarter

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 29th of October.

Apple Update

It was both good news and bad news yesterday for Apple (NASDAQ:AAPL). Apple beat earnings, but it was not enough for some analysts who fretted over the fact that the Apple’s margins had shrunk from previous quarters. I say, you can’t please everyone all the time and maybe analysts were putting too fine a point on this. The trend in Apple is higher technically and I'm still looking for a move to the $580, or possibly the $600 level.

Last month Apple closed out at $476.53, and is up over 10% for the month of October. I still believe Apple is headed higher and that belief is backed up with the Trade Triangle technology. All systems are go for this stock.

Amazon Powers Ahead

Amazon (NASDAQ:AMZN) reported super earnings last Friday and is dramatically higher from last month’s close of $312.92. All of the Trade Triangles are positive on this stock and I expect Amazon to grind its way higher to the $400 level. I'm expecting a very bullish November and December for Amazon.

United Parcel Service

As Amazon goes, so goes United Parcel Service (NYSE:UPS). When your local UPS brown truck arrives, it's likely full of Amazon and other online retail sellers' packages. The mighty Amazon utilizes several venues for delivering goods to their customers, and UPS happens to be one of them. They also use FedEx (NYSE:FDX), which I like from the long side with an upside target of $160, and the United States Postal Service, which is not trade-able. Technically, I like UPS and I'm looking for this stock to trade up to the $110 level.

Talisman Energy On The Move

Recently we have had some questions from members on the stock price of Talisman Energy (NYSE:TLM). Looking at the stock, one can quickly see why. Talisman Energy closed out the month of September at $11.51 and is presently trading around the $12.45 to $12.50 level. The major trend for Talisman Energy remains positive, with all of the Trade Triangles green. I'm looking for this stock to trade as high as $20 a share.

Please feel free to leave your comments, feedback, and any questions below.

Have a great trading day,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

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Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.

5 thoughts on “Why UPS Could Be A Big Winner This Quarter

  1. President Barack Obama on Saturday called for an end to "manufactured crises and self-inflicted wounds" as he urged Republicans and Democrats in Congress to approve a new federal budget.

    Obama, speaking in his weekly radio address, said that what most people hear out of Washington is "a jumble of unfocused noise that's out of touch with the things you care about.

    "So today, I want to cut through that noise and talk plainly about what we should do right now," he said.

    "It begins by ending what has done more than anything else to undermine our economy over the past few years - and that's the constant cycle of manufactured crises and self-inflicted wounds."

    Obama spoke a little more than two weeks after the United States scraped through a bitter budget and debt ceiling battle that threatened to send the country into default and forced the 16-day partial federal government shutdown, but only by using stop-gap measures that pushed the battle deadlines forward.

    If a fresh budget deal is not found by January 15, when the temporary funding expires, a new round of automatic spending cuts will hit.

    Obama said Congress should "pass a budget that cuts things we don't need, and closes wasteful tax loopholes that don't help create jobs, so that we can free up resources for the things that actually do create jobs and growth."

    The president also had something to boast about, noting that this week "the Treasury confirmed that since I took office, we've cut our deficits by more than half."

    The US deficit for the fiscal year 2013, which ended September 30, stood at 4.1 per cent of gross domestic product, the Treasury Department announced Wednesday.

    The deficit-to-GDP ratio was 7.0 per cent in 2012 after hitting more than 10 per cent in 2009, when the government was spending heavily to counter the worst recession in decades.

    But the deficit reduction is largely related to the onerous automatic cuts known as the sequestration.

    In the absence of a budget agreement between Republicans and Democrats, federal spending has been slashed in blunt, massive cuts since March.

    Conceived in mid-2011 during the previous debt ceiling crisis, the spending cuts were to be an unthinkable option that would force the two sides to strike a deal.

    But a compromise did not materialize ahead of the deadline.

    The result was that public spending fell two per cent, notably in defense and education. I thank you Firozali A.Mulla DBA

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