Tag: Apple Inc. (NASDAQ:AAPL)

Apple Skids And Amazon Reports Tomorrow, What's Your Strategy?

Posted on by The INO.com Team

In yesterday's post on Apple, Inc. (NASDAQ:AAPL) I told you exactly what I was going to do based on the earnings pattern I have seen historically for the stock of Apple.

From yesterday's report:

So here's what is needed to make a trade in Apple before today's earnings report is released. The position is taken the day Apple releases its earnings report.

(1) Both the weekly and monthly Trade Triangles are in sync.

(2) Take a position on the close in the direction the Trade Triangles are indicating.

(3) Exit the position the following day on the close.

Based on this strategy, you should have shorted Apple on the close yesterday at $99.99 and you would cover this position on the close today win, lose or draw.

After the close, Apple did announce its earnings which turned out to be disappointing, pushing the stock of Apple down in the aftermarket.

Tomorrow (Thursday), Amazon.com Inc. (NASDAQ:AMZN) reports earnings after the close. I have included a spreadsheet of how Amazon has performed using MarketClub's Trade Triangles in the last 12 quarters. Continue reading "Apple Skids And Amazon Reports Tomorrow, What's Your Strategy?" →

How To Trade Apple's Earnings Today

Posted on by The INO.com Team

After the close of business today Apple, Inc. (NASDAQ:AAPL) will report its fourth quarter earnings. I thought it would be interesting to go back and look at the last three years to see how you would have done if you just used this simple trade strategy.

The premise is simple, when both the weekly and monthly Trade Triangles are in sync, i.e. when they are both in the same direction, you would take a position on the close in the direction the Trade Triangles were indicating. You would then exit this position the following day on the close.

So here's what is needed to make a trade in Apple before today's earnings report is released. The position is taken the day Apple, Inc. (NASDAQ:AAPL) releases its earnings report, i.e. today.

(1) Both the weekly and monthly Trade Triangles are in sync.

(2) Take a position on the close in the direction the Trade Triangles are indicating.

(3) Exit the position the following day on the close.

These are simple, straightforward instructions. As an old mentor of mine used to say, "They don't pay you any more for making it complicated."

So how has this worked in the past? Continue reading "How To Trade Apple's Earnings Today" →

Best Technology Stocks To Invest In For 2016 And Beyond

Posted on by admin

From the Focused Stock Trader

2015 was a great year for the technology sector. In fact, technology stocks outperformed the stock market in 2015, far outpacing the results of the S&P 500 stock index. Tech leaders Apple, Microsoft, and Alphabet recently released impressive earnings reports and their stocks have risen accordingly. Every investor has their preferred strategy, whether it's income investing, growth investing or alternative strategies. The below tech stocks are strong contenders when it comes to the best technology stocks to invest in for 2016 and beyond.

Apple Inc. (NASDAQ:AAPL)

Apple's stock has seen excellent growth over the past few months, topping out at a high of $134.54 per share. But nothing lasts forever in the world of stocks and Apple shares are now down. Tech analysts have announced that the smartphone market is ready to decline. Due to this, many investors are forecasting a troubled 2016 for Apple and have begun to sell. However, this is a great opportunity for long-term investors to grab some shares of this tech giant at an excellent price. Continue reading "Best Technology Stocks To Invest In For 2016 And Beyond" →

I Was The Most Hated Guy On CNBC Today

Posted on by The INO.com Team

I pulled some of that Fibonacci voodoo that we do on Apple and if the uptrend support does break around $96, Apple is headed into the lower 80's.

I did a video for CNBC.com and they tore me to shreds in the comments section. The last time I got this kind of reaction was when I said oil is headed towards $26.00 while trading $41 at the time.

From there we take a look at our options positions in the S&P and AMZN.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Look For The Market To Catch Its Breath This Week

Posted on by The INO.com Team

After last week's shellacking, I expect the markets to regroup and get used to a another level of trading. I do not expect to see this market rebound dramatically like it has done in the past. If one looks at the NASDAQ index on a weekly close basis, last week's closing price was the lowest level since January 26th of 2015. That does not auger well for this index in the future.

The key to remember this week is not to get overly excited and to stay disciplined. Give the market some room and time to sort out what it has to sort out and then be prepared to make your move.

Here's how I see the big picture, crude oil continues to be in a bear market and I have targeted the $28-$30 levels on the downside for now. Gold is trying to make a turn to the upside which is a reflection of everyone's nervous state about the economy and about liquidity in general. Continue reading "Look For The Market To Catch Its Breath This Week" →