Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 25th of January.
The bad news keeps on coming for Apple as it continues to erode in early trading. It would appear as if all confidence in this stock is rapidly disappearing. How low can Apple go? In today's video newsletter, will be answering that question with some technical insights and objectives. We have two downside objectives for Apple, along with a cyclic time frame that we believe is pertinent to this particular stock.
Along with Apple (AAPL), we will be looking at energy, precious metals, forex, and the equity markets.
We will also be covering six stocks on the move: Weyerhaeuser (WY), Hasbro (HAS), Yum Brands (YUM), NetFlix (NFLX), Kla-Tencor (KLAC), and finally, Verisign (VRSN).
Don't forget to watch and share your comments with us on our blog.
Have a great trading day and an ever better weekend. I'll catch up with you all on Monday.
Adam Hewison
President INO.com and co-founder of MarketClub
