(AP:NEW YORK) Apple says its growth slowed in the most recent quarter, disappointing investors who thought its progress was unstoppable.
In both revenue and net income, Apple Inc. posted the smallest increases in years for the April to June period, failing to meet analyst expectations.
Net income in the fiscal fourth quarter was $8.8 billion, or $9.32 per share. That was up 21 percent from $7.3 billion, or $7.79 per share, a year ago. Continue reading "Apple Earnings Miss"
(RTTNews) - Stocks moved notably lower over the course of the trading day on Tuesday, adding to the steep losses posted in the previous session. Worries about the financial situation in Europe once again contributed to the weakness on Wall Street.
The major averages regained some ground going into the close but still ended the day firmly in the red. The Dow fell 104.14 points or 0.8 percent to 12,617.32, the Nasdaq dropped 27.16 points or 0.9 percent to 2,862.99 and the S&P 500 slid 12.21 points or 0.9 percent to 1,338.31. Continue reading "Europe Worries Lead To Another Sell-Off On Wall Street"
I see analysis popping up out there refuting the bearish Descending Triangle view and in my opinion that is with good reason; it looks a lot more like a massive consolidation of previous bullishness than a topping pattern.
However, a common theme seems to be some kind of static about a QE3 'Super Sunday' (don't hold your breath) or some such noise and gold's imminent and preordained blast off, never to return to current levels as the 'banksters' take it higher and higher.
A theme seems to be that now is the time to be bullish but I have also read within the same theme that we cannot be sure that the 'banksters' will not crash gold through support first, to totally eliminate the little guy before bringing it higher. Continue reading "Just another simple chart of a monetary relic"
Do you think stocks are going to go higher or lower for the year, or end 2012 pretty much where they are today? We would enjoy hearing from you with your comments and votes.
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Adam
By Brian Cullen
October 2012 / April 2013 LIVE CATTLE spread:
I would like to get short the live cattle market.
With the country immersed in drought conditions, the cattle markets are set in a channel/downtrend that I believe will continue into the fall season. We have already seen it play out in the grain markets with no major relief in the near future. Continue reading "Technically Speaking: Markets You Should Be Watching Right Now"
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