Creditcane™: I'm having so much fun wrecking the EU that I've forgot I'm supposed to deal with the US.
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Tested and faield the 38.2% minor retrace (1372.42). Failing the lower trend line (10/4-11/28). No daily 3LB changes (reversal is 1419.04). QE2infinity.
Spinning top day. Midpoint below EMA(10). Tested and failed the 61.8% minor retrace (79.60). Tested and held SMA(55). No daily 3LB changes (reversal is 78.98). Still below weekly 3LB mid.
Bearish long day (closed closed much higher). Midpoint above EMA(10). Tested and held SMA(89). Tested and failed its 50.0% minor retrace (20.22). No daily 3LB changes (reversal is 16.44).
Bearish short day. Midpoint below EMA(10). Still failing its 50.0% retrace (1661.00). Now failing all SMA's. No daily 3LB changes (reversal is 1706.50). Still below monthly 3LB mid. Must have the precious.
Bearish long day. Midpoint above EMA(10). Tested and failed SMA(21,55). Tested and held its 50.0% minor retrace (1.3142). No daily 3LB changes (reversal is 1.3465).
Spinning top day. Midpoint above EMA(10). Tested and held SMA(21). Holding above its 61.8% retrace (38.86). No daily 3LB changes (reversal is 38.69).
Bullish short day. Still failing all SMA's. Midpoint below EMA(10). Failing its 38.2% minor retrace (21.37). New low on daily 3LB (reversal is 19.88).
Bearish short day. Tested and failed SMA(89). Midpoint below EMA(10). Tested and failed its 61.8% retrace (103.42). No dally 3LB changes (reversal is 105.68). Not confirming the monthly 3LB reversal down.
Bearish long day. Still failing all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (30.97). New low on daily 3LB (reversal is 33.26).
Bearish short day. Midpoint below EMA(10). Tested and failed SMA(55). Still failing its 38.2% minor retrace (49.10). No daily 3LB changes (reversal is 49.00).
Bullish short day. Now failing all SMA's. Midpoint below EMA(10). Failing its 38.2% retrace (0.7808). No daily 3LB changes (reversal is 0.7825).
Bearish long day. Midpoint below EMA(10). Tested and held SMA(144). Tested and failed its 38.2% retrace (3.653). No daily 3LB changes (reversal is 3.650).
Doji day. Tested and held SMA(55). Midpoint below EMA(10). Tested and held its 61.8% minor retrace (563.20). New low on daily 3LB (reversal is 605.23).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
13 comments:
It's heading for that 89 day MA isn't it?
Andy T
Yeah and the SMA(89) lines up with the 61.8% minor retrace. But that might not hold as support if the Fed does not hint at some form of QE.
Nice little bounce back today...i've got 1376 as short term resistance. yday i thot it was collapsing out of a triangle, but this up move is too strong...doesn't jive with 'thrusting' out of a triangle.
18's 1375 is a magnet, last years high, my guess for this year was 1406 (missed) but did come within inches of 18's 1425... I spy a H&S last couple months on the daily.
Shocker...
BR defends some Public Union Employees
http://www.ritholtz.com/blog/2012/04/political-hacks-new-jersey-edition/
Apple getting rocked.
I got a Samsung Blaze a few weeks ago. Finally dumped the blackberry.
The phone and operating system is awesome.
http://www.samsung.com/us/mobile/cell-phones/SCH-R760IBAUSC
Too much competition in the space.
Uh, I don't think BR's article about the "death race" had anything to do with defending public employees per se. More like defending the right of rich car owners to have occasional road rallies with state support.
"...Apple getting rocked..."
yes, as well, was looking at 'a few Charts'..
quite a few Stocks are getting 'Sold'..
AAIP
Dividend 1.68
EPS (ttm) 0.17
http://finviz.com/quote.ashx?t=OTT
now ~5.57
""Yield Pig", It's What's for Dinner..~"
ibid.
For the rare "Football" fan here. Chelsea through to Champion's League finals. Barca is OUT. Awesome.
Prashant
Apple beats. D'oh.
"...Apple rose as much as 7.8 percent to $604.22 in extended trading, after having dipped 2 percent to $560.28 at the close in New York.
Confounding the Naysayers
The company’s shares shed $75.95 since a record close of $636.23 on April 9 amid reports that indicated a possible shortage in key components for its mobile devices and showed a decline in iPhone sales at wireless carriers. Some traders also took cues from so-called technical indicators that use historical trends to predict stock movements.
The results released today add to evidence of the rebound in some pockets of the economy that lifted results last quarter for other technology bellwethers. Microsoft Corp., the top software maker, last week reported better-than-expected corporate purchases of computers, while Texas Instruments Inc., the biggest maker of analog chips, yesterday indicated robust demand for a range of electronics.
China, the world’s most populous nation, is making up a growing slice of Apple’s results since the introduction of the iPhone there in 2009. It accounted for $7.9 billion of revenue, or 20 percent of the total, Cook said on a call with analysts.
‘Understanding’ China
“China has been a very fast-growing region for them,” said Abhey Lamba, an analyst at Mizuho Securities USA Inc. in New York. “There’s more disposable income, strong demand for high-end products and their penetration has been very low in that market. They have been highlighting that region as one of their focus areas.”
Cook visited China last month, meeting with government officials and touring plants where the company’s products are built. The visit came just as a labor group said workers at those facilities, which are operated by Foxconn Technology Group, were violating local laws for excessive work hours. Cook has vowed to improve conditions at the facilities.
“There is tremendous opportunity for companies that understand China,” Cook said on the call. “We’re doing everything we can to understand it and serve the market as good as we can.”
In the first six months of the fiscal year, China made up almost $13 billion in sales, Cook said, matching the total for all of last year.
IPads, IPods
“They are just getting started in China,” said Peter Karazeris, an analyst at Thrivent Financial for Lutherans, which owns Apple shares. The company will get a lift when the iPhone is available on China Mobile, the country’s biggest carrier, with more than 600 million subscribers. ..."
http://www.bloomberg.com/news/2012-04-24/apple-profit-rises-94-on-growing-global-demand-for-iphones.html
ibid.
nuevo mensaje
Post a Comment