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. Continue reading "Why UPS Could Be A Big Winner This Quarter"
Leave a comment on what you think would be the "perfect caption" for this photograph of Angela Merkel, Chancellor of Germany since 2005, and the leader of the Christian Democratic Union (CDU) since 2000. She is the first woman to hold either office. Here's my caption: