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One thing for sure, billy, is that the market is always changing. We have to keep a finger on its pulse. I believe that there are a lot of short term speculators in the market now, a "pump and dump" mentality. Many have been clobbered by "buy and hold" in the recent past. The pendulum swings to extremes and always reverts to the mean.
Seriously, look at the chart posted in the link! River
Really? 9 out of 10 S&P 500 stocks now have a positive Strength level?
The actual percentage of S&P stocks with positive Strength was 90.4% at the close on Friday.
This is the third time since January 4th. that this level has appeared ... see today's posted chart. Actually, the previous two had percentages of 90.8% before stopping. So Friday's level is the third time it was getting close to the 90.8% level.
What is one way of describing 9 out of 10 stocks with positive Strength? The answer is "Overbought".
Please click on the link below for today's complete update and CHART:
Professional stock market timing analysis, investment strategies, and market insights for informed trading decisions.
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Marty Chenard
StockTiming.com
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Morganton, NC 28655
>Tel: 828-296-1200<
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If you bought AAPl at the high .........NO REASON to bend over and sell now........AAPL will be back above its former high in time.
Folks .........have you ever seen an empty Apple Store? In any Starbucks AAPL devices are all around........It's only a matter of time, AAPL is not going out of business, and no reason to panic!
Supposedly even though a Typhoon was approaching Japan , Apple I-Phone buyers waiting in line refused to give up their spots until they received their new Phones .......especially that NEW GOLD I-Phone! Talk about brand loyalty. AAPL $700 is coming and you can take that to the bank!
unfortunately Apple has been a joke lately. The stock moves two steps up followed by two-three steps back. I wouldn't invest in Apple unless you're looking for daily heart attack.
unfortunately Apple has been a joke lately. The stock moves two steps up followed by two-three steps back. I wouldn't invest in Apple unless you're looking for daily heart attack.
AAPL is not a stock for short trades. Buy the stock at today's bargain prices and tuck into a Roth Ira Account along with PM, O, Mutual Fund BRUFX , and years from now you will be one happy camper!
Many hate AAPL , and Dunyo says that lately AAPL has been a "JOKE".........wlll I'm not laughing. Why do I still LOVE AAPL and think it is headed for $700 PLUS?
Folks have you ever seen an empty Apple store? APPL brings in $800-$900 MILLION per week AFTER expenses. AAPL is cheap now , but not for long! One AAPL proponent had stopped into a busy Apple store on a Saturday for some help with a product. The clerk who helped him said, the Apple 5s smart phone has sales that are off the charts. A new shipment of 5s smart phones comes in EVERY DAY and EVERY DAY they SELL OUT! AAPL is like Starbucks , whether or not you like their product, they are here to STAY!
Apple is a good company, no will dispute that; however, it has been stuck in a range for a long time. Apple is over 500 today but in two weeks it will most likely be 490-480. Usual Apple movement - good for traders; bad for investors.
Many hate AAPL , and Dunyo says that lately AAPL has been a "JOKE".........wlll I'm not laughing. Why do I still LOVE AAPL and think it is headed for $700 PLUS?
Folks have you ever seen an empty Apple store? APPL brings in $800-$900 MILLION per week AFTER expenses. AAPL is cheap now , but not for long! One AAPL proponent had stopped into a busy Apple store on a Saturday for some help with a product. The clerk who helped him said, the Apple 5s smart phone has sales that are off the charts. A new shipment of 5s smart phones comes in EVERY DAY and EVERY DAY they SELL OUT! AAPL is like Starbucks , whether or not you like their product, they are here to STAY!
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