Lion's AppleWatch

Lion's AppleWatch -  www.keezer.nl/applewatch/

"Attempting to analyze Apple through the general mediocrity of the industry they're part of, is just not the way to look at Apple..."

  vrijdag, 5 maart 2010

Now see -and hear- this...

11:07:09 PM    


Weather report... This was issued yesterday. AAPL today closed at 218.95 up +8.24 (3.91%)

Bulish Alert for Apple Inc

(AAPL) Market Intellisearch's proprietary predictive modeling system detected the beginning of a new bullish trend for Apple Inc.M.

Shares of AAPL closed at $210.71 in the previous trading session and opened today at $215.00.

Apple Inc settled the day up $8.44 to $219.32 in the trading session.

The day's trading range is between $214.63 and $219.70 respectively.

On the volume side, 25,479,076 shares were traded which is greater than the average volume of 21,990,400 shares. Technical indicators for the stock indicate bullish price movement. AAPL is trading above the 50 day moving average and higher than the 200 day moving average.

The technical momentum Relative Strengh Index indicator shows overbought conditions. The stock's 52 week low is $82.33 and 52 week high is $215.59. 10:46:38 PM    


Cramer: AAPL's upside potential

In his "Mad Money" show, Jim Cramer said this is the best time to buy Apple (NASDAQ: AAPL), as momentum in its shares will start with the launch date of the iPad drawing near. Apple will start its advertising campaign for the new device next week. According to Cramer, consumer spending is on the rise and the new device will find buyers easily. With retailers like Target (NYSE: TGT) and Coach (NYSE: COH) experiencing strong earnings, Jim does not see any reason for AAPL to be an exception. Although AAPL is trading just $4 short of its 52-week high, it does not seem too risky to recommend the stock as it is set to go higher.

Jim pointed out that Apple currently has $43 per share of cash on its balance sheet. Moreover, it is trading at just 13 times its expected 2011 earnings, which is similar to the multiple at which Dell (NASDAQ: DELL) and Hewlett-Packard (NYSE: HPQ) are trading. But, these two companies do not have the iPad, the iPhone or the iPod to boast of.

3:36:22 PM