i noticed that in 2012 candy crush had dropped during the christmas holiday on the charts and then moved back up in january. i'm watching this year to see if it does the same. king is not participating in any rallies, but might start up if positive seasonality kicks in.
my wife tells me there are immense lines at the apple stores.
and online, all the models STILL are not available for immediate delivery. only 1 day delay on most models, but last year the models were available for immediate delivery weeks ahead of christmas.
130 coming up fast here. not sure if we break resistance before the 1st as there are always some dumb money managers who want to sell to book the profits.
the break-out will happen right after the new year. i dont see us breaking past 115-116 resistance before january, but then up to 125-130 before earnings and as high as 140 after earnings. i will only sell apple before earnings if it moves past 135. at that point, the risk would outweigh the reward.
i would have thought the christmas break would have allowed apple to get fully in-stock on iphone 6, but it is still between 1 and 3-5 days for all the models. this is huge insane demand. there is some resistance at 115 that will stay in place until the new year, so hang on until the new year and you will be rewarded.
just as i said, it is moving up nicely here. move past mid 113 resistance tomorrow. then it will be held under 116 until it breaks out and moves back to new highs. i give it 2 weeks to hit new highs.
all the people signing up are the ones that get a portion paid by the government. the rest of us who pay for private insurance will continue to see premiums skyrocket. we have a huge stock market bubble that will burst and then all the extra costs of Obama's decisions will not be affordable. but in the meantime, party it up!
he didnt open up cuba, he gave them everything and got nothing. cuba needed this more than america. the US economy is rolling on a huge stimulus of stock market gains. that will stop at some point. let's see what happens when that wealth effect is gone.
the US economy is dominant in most areas, healthcare, biotech, internet, technology, agriculture, financial, etc. we have the best private enterprise in the world, but not the best government in the world. Obama manages the government, not the private enterprise. he should get credit for the status of what he manages, not what he doesn't manage.
got us out of iraq and let isis become resurgent in the process - had to send over a bunch of advisors recently to try to clean up the mess. created biggest deficit spending ever. created the biggest wealth gap between rich and poor by pumping the stock market to triple, created financial reform that helped the big banks consolidate market share, couldn't work with Congress to get anything done past the first 2 years, when the democrats enacted sweeping reforms without any involvement by the opposing party. it is easy to say that anyone who disagrees with Obama is racist. I voted for the guy in 2008. I had a business partner and best friend who is black, my other best friend is latino. my wife is persian/jewish. yea, I'm real racist. I simply dont agree with his policies. Is that so hard for your feable mind to understand? (I do like what he did with the carbon emissions). some of us dont pick sides in the democrat-republican feud and actually evaluate BOTH sides of the issues. you need to stop listening to Rachel Maddow and open up your information sources to more than one viewpoint.
selling every phone they can get their hands on. technical traders keeping the lid on apple, not fundamental investors.
apple will just slowly move up to 115 this week. nice steady increases, but not going to move past resistance. might even take another week or two to break out to new highs again. but then we are off to the races as we get into january and the earnings date moves within range.
they dont report until late january. i doubt that apple pre-announces. i think they want to surprise the street with blowout numbers.
of course people dont know what to make of the watch yet, it is really difficult to yet know what the features will be. this is a completely new thing. but app developers dont take a year and a half to develop apps. there will be plenty of great apps at launch and plenty more in 2015. the new watch will be THE christmas gift next year. i say they sell 5 million within a week of launch and 30 million in 2015, at least. i am buying one right away for the health features. this will appeal to a fitness/older crowd to start, due to the emphasis on health. communication and social features will come along a little later and really spread it to the masses.