Friday, January 22, 2016

US Labor Department December Report

Post-Recession Unemployment has improved dramatically from a high of 10%, to the current 5.0%, with the US Economy adding 292K Jobs in December. Employment, as measured by Labor Participation, is down from a Recession high of 66.2%, to the current 62.6%, suggesting most of the improvement in Unemployment is the result of people leaving the Labor Force, but it is finally trending up in Q4:

Apple 5.2 Year Daily Technical Chart

2015 Was A Doldrum And Declining Year, Causing A 50 Day vs. 200 Day Death Cross in Aug-2015 And Retraced All Gains Since iPhone 6/+ Launch. 2016 Bright Spot Is The Patterned Run-Up In Months Proceeding New Integer iPhone Launches, Unless The High-End Smartphone S-Cycle Has Peaked. Fundamental Story Is Strong. One-Year Consensus Analysts Estimate Has Dropped To $142.67, From $148.88 On October 30, 2015:

Friday, October 30, 2015

Apple 2.5 Year Daily Technical Chart

After An Early Run Up, It Has Been Doldrum And Declining Year, Causing A 50 Day vs. 200 Day Death Cross-Over in Aug-2015. It Has Been A Steady Climb Leading Into Q4 Earnings Which Beat Expectations. RSI And MACD Are Strongly Positive Heading Into the Holidays, As Price Is Poised To Push Past Second Level Resistance. Fundamental Story Is Strong After A Healthy Quarter, And The Upcoming Holidays. Consensus Analysts Estimate Has Grown To $148.88, From $146.88 On August 14, 2015:

Friday, May 29, 2015

Apple 2.5 Year Daily Technical Chart

50 Day vs. 200 Day Golden Cross-Over in Sept-2013. It Has Been A Steady Climb Since, With A December Correction/Consolidation, February Climb, Culminating In The Current Three-Month Price Consolidation. Longer Term Move Has Been Mostly Higher Highs & Higher Lows, With Today's Monthly-Close Price At A Historic High. RSI And MACD Are Moving Positive, But Are Uncertain, As Price Struggles To Push Past Resistance. Fundamental Story Is Strong After An Amazing Quarter, Watch Launch And Upcoming WWDC. Consensus Analysts Estimate Has Grown To Highest Level, $148.75 From $147.8 On May 1, 2015: