Friday, February 10, 2017

Apple 5 Year Daily Technical Chart

Technical Indicators Look Great For A Continued Run Up. 50 Day vs. 200 Day Death Cross in Aug-2015 Finally Turned to Golden Cross Early Sept-2016 (see stars). Post FY Q1 2017 Results (Holiday Quarter) And iPhone 7 Launch, Price Appears To Be In A Break-Out Above $130, 2 Year Consolidation Period. Since Jul-2016 Bounce Off Oct-2013 Peak Price At iPhone 5 Launch, Price Has Spurred/Stalled, Finally Climbing Out Of $130 Consolidation Ceiling. 2017 Potential Bright Spots; Trump Rally, iPhone 7 Strength, 10-Year Anniversary iPhone, And Services. Weak-Spot; High-End Smartphone S-Cycle May Have Peaked, Strong Dollar (DXY +25% In 3 Years). Fundamental Story Is Positive. One-Year Consensus Analysts Estimate Has Climbed To $139.19, From $131.96 On December 30, 2016:

Friday, December 30, 2016

Apple 5 Year Daily Technical Chart

Technical Indicators Look good For A Run Up. 50 Day vs. 200 Day Death Cross in Aug-2015 Finally Turned to Golden Cross Early Sept-2016 (see stars). Post FY Q4 2016 Results And iPhone 7 Launch, Pricing Has Been SanguineJul-2016 Bounce Off Oct-2013 Peak Price At iPhone 5 Launch, Stalled Below $120. 2017 Potential Bright Spots; iPhone 7 Holiday Results, 10-Year Anniversary iPhone, And Services. Weak-Spot; High-End Smartphone S-Cycle May Have Peaked. Fundamental Story Is Neutral. One-Year Consensus Analysts Estimate Has Climbed To $131.96, From $124.11 On September 3, 2016:

Saturday, September 3, 2016

Apple 5 Year Daily Technical Chart

Technical Indicators Looking Outstanding For A Run Up. 50 Day vs. 200 Day Death Cross in Aug-2015 Has Finally Turned to Golden Cross Early Sept-2016 (see star). Post FY Q3 2016 Results, Finally Seeing Encouraging Price Gains Above Top of Negative Megaphone Pattern. As of Jul-2016, Bouncing Off Oct-2013 Peak At iPhone 5 Launch. 2016 Potential Bright Spot Still The Patterned Run-Up In Months Proceeding New Integer iPhone Launches, Now Less Than A Week Away. Has High-End Smartphone S-Cycle Peaked? Apple May Be Helped By Galaxy Note 7 Recall For Exploding Batteries. Fundamental Story Is Neutral On Compare to iPhone 6/+. One-Year Consensus Analysts Estimate Has Climbed To $124.11, From $123.86 On July 29, 2016:

US Labor Department August Report

Post-Recession Unemployment has improved dramatically from a high of 10%, to the current 4.9%, but the US Economy added only 151K Jobs in August. Employment, as measured by Labor Participation, is down from a Recession high of 66.2%, to the current disappointing 62.8%, suggesting most of the improvement in Unemployment is the result of people leaving the Labor Force. Total Unemployment (blue line) at 9.7% lends support to the position of a weak job environment:

Friday, July 29, 2016

Apple 5 Year Daily Technical Chart

50 Day vs. 200 Day Death Cross in Aug-2015. FY Q3 2016 Results Better Than Bad, Encouraged Gains Back to Top of Negative Megaphone Pattern, Bouncing Off Oct-13 Peak At iPhone 5 Launch, 3.75 Years Ago. 2016 Potential Bright Spot Still The Patterned Run-Up In Months Proceeding New Integer iPhone Launches, Unless The High-End Smartphone S-Cycle Has Peaked. Fundamental Story Is Negative On Compare to iPhone 6/+. One-Year Consensus Analysts Estimate Has Dropped To $123.86, From $125.95 On April 29, 2016: