Update on AAPL: Jul 31, 2013

It’s not often I get the chance to plug a future competitor.  As some of you know, my son Kyle is helping me out this summer.  He will graduate in December with an Economics major and Personal Financial Planning minor from Texas Tech University in lovely Lubbock, TX. In addition to performing many rather thankless … continue reading →

Because We Said So (wait, what’d we say?)

Just as we were getting a tad nervous about simmering currency wars, the G-7 announces there are no wars — everything is fine. Then, a G-7 official announces that everything is fine except for the Japanese — who are obviously sort of fighting a little war (see Brainard’s endorsement of same…) From Reuters about 30 … continue reading →

AAPL: Flirting with Disaster

Not since the summer of 1666, as young Zack Newton sat pondering gravity, has so much attention been paid to a falling apple. Should we care about AAPL’s deteriorating powers of levitation?  The $200/share drop since its September highs, especially on the heels of a new dividend and share buyback program, has been unnerving.  But, … continue reading →

Charts I’m Watching: Jan 14, 2013

ORIGINAL POST: The dollar is making a stand at the upper end of the target range I charted Friday, but hasn’t yet broken out of the steep falling channel.  While there was a turn at the .618 Fib that would justify a .786 completion (a Gartley), the more obvious Point B was at the .382. … continue reading →

Charts I’m Watching: Dec 27, 2012

The dollar broke down from its steepest channel (in white) as I suspected, settling into a consolidation that might flesh out the larger purple channel today or tomorrow before breaking out of the yellow channel it’s been in since Nov 12.  My target remains the .618 at 79.319 on the purple grid. I say “might” … continue reading →