Friday, June 29, 2018

Apple 5.5 Year Daily Technical Chart

Technical Indicators Look Great for a Continuation of The Current Break-out. The 50 Day vs. 200 Day Death-Cross in Aug-2015 Turned to a Golden-Cross Early in Sept-2016 (see stars) at $100/Share. Post iPhone 7, 8, & 10 Launches, Price is in a Nearly 1.5 Year Break-Out Above $128, After a 2 Year Consolidation Period. Since The Jul-2016 Bounce Off The Oct-2012 Peak Price ($90/Share) At The iPhone 5 Launch, Price Has Rocketed, More Than Doubling. The 10-Year Anniversary iPhone Was Not a Super Cycle, But The Trump Rally, iPhone ASP Strength, and Services Growth, Provided Strong Fundamentals. Weak-Spots: The High-End Smartphone S-Cycle Has Peaked and Chinese Low-Cost OEMs are Here. The Fundamental Story Is Positive With A Boat-Load of Cash Going Towards Buy-Backs. One-Year Consensus Analysts Estimate Has Climbed To $200.06, from $171 Sep-01-17:

Thursday, June 14, 2018

Intersting Fed Rate/Inflation Rate Observation

The Financial Press is talking a lot about the 10 Year - 2 Year Treasury Yield Inversions that generally proceed Recessions. Not noted, is the downward trend in the Fed Rate, largely believed to trigger it, and is concurent with lowering Peak Inflation Rates (PCE) pre-recession:

Friday, September 1, 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 iPhone 7 Launch And FY Q2 2017 Results, Price Is In A Break-Out Above $128, After A 2 Year Consolidation Period. Since The Jul-2016 Bounce Off The Oct-2012 Peak Price At iPhone 5 Launch. Price Has Rocketed, Then Spurred/Stalled/Spurred As Of Late, Awaiting Run Up To 10-Year Anniversary iPhone Super Cycle. 2017 Potential Bright Spots; Trump Rally, iPhone 7 Strength, 10-Year Anniversary iPhone, Services, AI/AR, And Weakening Dollar (DXY -10% Year-to-Date). Weak-Spot; High-End Smartphone S-Cycle Probably Peaked, Chinese Low Cost OEMs. Fundamental Story Is Positive. One-Year Consensus Analysts Estimate Has Climbed To $171, from $159 Jul-14-17:

Friday, July 14, 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 iPhone 7 Launch And FY Q2 2017 Results, Price Is In A Break-Out Above $128, After A 2 Year Consolidation Period. Since The Jul-2016 Bounce Off The Oct-2012 Peak Price At iPhone 5 Launch. Price Has Rocketed, Then Spurred/Stalled As Of Late, Awaiting Run Up To 10-Year Anniversary iPhone Super Cycle. 2017 Potential Bright Spots; Trump Rally, iPhone 7 Strength, 10-Year Anniversary iPhone, Services, And AI/AR. Weak-Spot; High-End Smartphone S-Cycle Probably Peaked, Strong Dollar (DXY +17.5% In 3 Years). Fundamental Story Is Positive. One-Year Consensus Analysts Estimate Has Climbed To $159, from $139.19 Feb-10-17:

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-2012 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: