Watching Apple (AAPL) At A Crucial Level
Apple (AAPL) doesn't need much introduction so I will skip that part of the analysis. And exactly because everybody knows the company, follows it, and it carries a 1.9% weighting in the S&P 500 it is worth watching closely. Case in point, yesterday's announcement that Steve Jobs will hold the keynote address at the upcoming […]
Right Here Right This Minute: S&P 500 Key Area
Note the key area the S&P 500 (and the other major U.S. indices for that matter snuck to this morning. It's hold or fold time here if you ask us. A bounce will become obvious if it happens and at that time we will look to names like Apple (AAPL) and VMware (VMW) on the […]
Another Technical Look At The Russell 2000
The most recent stock market rally that started on May 25th continued in full force yesterday, Tuesday May 31st. While end of month forces may have been at work, it speaks positive nontheless. The major U.S. equity indices closed at the highs of the day and as such overcame a good amount of technical resistance […]