Hello MarketClub members everywhere! Today I'm going to be looking at some well-known, household-name stocks at the request of one of our members. I will be analyzing AMZN, GOOGL, CMG, TSLA, IBM and FB, along with the usual suspects, in today's video.
Amazon.com Inc. (NASDAQ:AMZN) It's no secret Amazon wants to take over the world and they certainly seem like they're well on their way to doing that. Looking at the stock however, it is showing a mixed picture. The long-term monthly Trade Triangle continues to be red which is perhaps indicating a cap on this market for the moment. Both the weekly Trade Triangle and the PSAR are indicating more of a trading range. Amazon would have to move over the $638 level before everything was lined up and ready to go on the upside. I prefer the sidelines at the moment. Continue reading "A Member's Request"→
Since April, Apple Inc. (NASDAQ:AAPL) has lost over $113 billion in share value and is now only up about 3 or 4% for the year.
What is going on in the world's most heavily-held stock?
There are some things in life that cannot be explained. People trying to explain the fall in Apple will present logical reasons why, but the reality is, the market's expectations and perceptions often trump common sense.
Reality check: Apple is still a huge company and still making boat loads of money with over $200 billion in cash sitting offshore. Apple is not going to go out of business anytime soon.
Apple's cash cow is the iPhone. Sales growth, while good, is slowing down as the market becomes saturated. The last big market Apple has to conquer is China and that market is getting to be very competitive. Continue reading "What's Up With Apple?"→
Today, I'm going to be looking at 2 strong sectors amongst my 9 sector group that I watch on a constant basis. The 9 sectors I watch are the consumer, service, healthcare, energy, financial, technology, industrial, materials and utility sectors.