Are These 5 Popular Stocks Buys Or Sells?

Yesterday the indices came crashing down, breaking through key levels and turning all of the major indicators into strong downtrends. There is no question in my mind that we are now in a full-blown bear market. So how much further down can the market go from here?

In today's video, I will be looking at some downside target areas for all three major indices, as well as five popular stocks.

I will also be looking at these stocks to determine whether or not they present a buying opportunity based on the recent weakness in the market. Continue reading "Are These 5 Popular Stocks Buys Or Sells?"

Next Week Could Change Everything

Next week, the Federal Reserve Board is set to meet between the 15th and the 17th to discuss the economy and if they should raise interest rates. There is not a unanimous opinion either in the marketplace, or the Fed itself regarding interest rates.

Should they choose to incrementally raise interest rates, the reaction in the market would tell us a lot about what the next big swing is going to be in stocks. I am not an economist nor do I have a crystal ball or inside track on what the Fed wants to do. What I do know is that the market will tell us what it wants to do and not the Fed. Right now, the major trend is down in all the indices and shows no real signs of reversing that trend any time soon. Continue reading "Next Week Could Change Everything"

Can Apple Pull A Rabbit Out Of A Hat?

Today is Apple's big day to show off all its shiny new toys, the only difference this year is that Apple doesn't seem to have any new surprise rabbits (products) in the hat.

You have to ask yourself, has Apple Inc. (NASDAQ:AAPL) finally reached its zenith? As a longtime Apple fan and user of many of their products, I find that I am just not upgrading as fast as I once did. For example, I still carry an Apple 5S iPhone and not the new 6 or 6+ iPhone.

Research has shown that the smartphone market is leveling off and is not expected to grow as the market is saturated. The only growth area left in the phone market is the low-end, which is not an area that Apple will enter as it will cannibalize sales of its higher end iPhone. This is a huge concern for Apple, who derives two-thirds of its income from the iPhone. Logically if Apple has reached a saturation point in the smartphone market they cannot grow revenues. Then new revenues are going to have to come from a new whiz-bang product. In today's tech-driven world, that is going to be extremely difficult to do even for Apple. Continue reading "Can Apple Pull A Rabbit Out Of A Hat?"

What's Up With Apple?

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?"

All Eyes Are On Apple Earnings And Watch Sales Today

Today after the close Apple Inc. (NASDAQ:AAPL) reports its quarterly numbers. It reports revenues, profits and will offer some guidance and perhaps share with everybody how many iPhones it has sold, but not watches.

So, how many Apple watches have been sold? How many people have you seen wearing an Apple watch? I have to admit, I have only seen two or three folks with Apple watches on their wrists, but that's all.

As a huge Apple fan for the past three decades, I did not feel the need to rush out and purchase an Apple watch. One of the reasons was because I already had a smart watch from Pebble which suits me fine and does practically everything that the Apple watch does. The Apple watches are beautifully made, but you have to charge them every night, which to me is a non starter.

Apple is not going to share Apple watch sales with us today, that item is going to be buried along with other items they have sold in the quarter.

The general consensus among analysts is that earnings per share will increase to $1.79 from $1.28 a year earlier. They're also looking for growth of around 32% on sales to $49.3 billion.

The technical picture is somewhat mixed for Apple in the sense that Apple has a monthly RED Trade Triangle that is indicating the trend for Apple is in more of a wait and see trading range right now. That could all change today should Apple move over the $134.80 level. I would also view a close today over $134 as a big clue to earnings and it would represent a new high close for Apple.

In addition to Apple, I will also be looking at the major indices, gold, crude oil and the euro.

Have a question or comment for us? Feel free to leave any questions or comments below this post.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub