Equipment Leasing Reports Apple Stock Chart Outlook, Wavering to Very Ill (AAPL, QQQ, SPY, T, VZ, GOOG, MSFT, NFLX, AMZN)
Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Using pure technical analysis may often feel like alchemy even under normal circumstances. Using this on Wall Street’s and Main Street’s favorite darling stock of Apple Inc. (NASDAQ: AAPL) is something which has often been difficult because the historic trend has been so one-sided. Still, all feelings aside, all sentiment aside, and all fundamental analysis aside, Apple’s stock chart has been wavering for weeks. Now the Apple stock chart looks ill, and there are some serious technical concerns that Apple’s stock could be in for a rough time. We wanted to apply the fundamental side of the equation with the technical side to see what may be happening here to see if this is a fluke or if it is justified.
We have been witnessing a series of lower highs and the stock just closed again under the key 50-day moving average again on Friday for the second time in this downward cycle. The stock only had one up-day this last week and its actual performance week over week was a drop of -1.98%. After looking at the key market ETFs, the NASDAQ 100 via the PowerShares QQQ (NASDAQ: QQQ) rose by 1.09% and the S&P 500 measured by the SPDR S&P 500 (NYSE: SPY) rose by 1.4%.
First and foremost, we want to know WHY the chart has gone from wavering to ill? A true technician will say “who knows why and who cares why, it is what it is.” There are several big possibilities here that have come into play of late and our aim is to ferret out the news from the noise.
Apple now has its iPhone either mostly migrated to or in the process of migrating to a two-carrier model in its top smartphone markets. AT&T Inc. (NYSE: T) now has Verizon Communications Inc. (NYSE: VZ) in the U.S. Apple is also getting more and more competition from Google Inc. (NASDAQ: GOOG) in smartphones. There has been some concern that Verizon’s sell-through rates have not been what some of the more bullish predictions have indicated, but it may still be far too soon to count this as of yet.
Japan may be a catalyst and it may not. This quake followed by the tsunami followed by the nuclear power plant disaster is creating supply chain disruptions around the consumer electronics community. Apple has been known to hoard parts and it has been a master of the supply chain, but nothing works perfectly forever.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Using pure technical analysis may often feel like alchemy even under normal circumstances. Using this on Wall Street’s and Main Street’s favorite darling stock of Apple Inc. (NASDAQ: AAPL) is something which has often been difficult because the historic trend has been so one-sided. Still, all feelings aside, all sentiment aside, and all fundamental analysis aside, Apple’s stock chart has been wavering for weeks. Now the Apple stock chart looks ill, and there are some serious technical concerns that Apple’s stock could be in for a rough time. We wanted to apply the fundamental side of the equation with the technical side to see what may be happening here to see if this is a fluke or if it is justified.
We have been witnessing a series of lower highs and the stock just closed again under the key 50-day moving average again on Friday for the second time in this downward cycle. The stock only had one up-day this last week and its actual performance week over week was a drop of -1.98%. After looking at the key market ETFs, the NASDAQ 100 via the PowerShares QQQ (NASDAQ: QQQ) rose by 1.09% and the S&P 500 measured by the SPDR S&P 500 (NYSE: SPY) rose by 1.4%.
First and foremost, we want to know WHY the chart has gone from wavering to ill? A true technician will say “who knows why and who cares why, it is what it is.” There are several big possibilities here that have come into play of late and our aim is to ferret out the news from the noise.
Apple now has its iPhone either mostly migrated to or in the process of migrating to a two-carrier model in its top smartphone markets. AT&T Inc. (NYSE: T) now has Verizon Communications Inc. (NYSE: VZ) in the U.S. Apple is also getting more and more competition from Google Inc. (NASDAQ: GOOG) in smartphones. There has been some concern that Verizon’s sell-through rates have not been what some of the more bullish predictions have indicated, but it may still be far too soon to count this as of yet.
Japan may be a catalyst and it may not. This quake followed by the tsunami followed by the nuclear power plant disaster is creating supply chain disruptions around the consumer electronics community. Apple has been known to hoard parts and it has been a master of the supply chain, but nothing works perfectly forever.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing, Equipment Lease Financing, Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, Calgary, Edmonton, Kerrisdale, Coquitlam, Abbotsford, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Equipment Leasing Reports Apple Stock Chart Outlook, Wavering to Very Ill (AAPL, QQQ, SPY, T, VZ, GOOG, MSFT, NFLX, AMZN)
Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Using pure technical analysis may often feel like alchemy even under normal circumstances. Using this on Wall Street’s and Main Street’s favorite darling stock of Apple Inc. (NASDAQ: AAPL) is something which has often been difficult because the historic trend has been so one-sided. Still, all feelings aside, all sentiment aside, and all fundamental analysis aside, Apple’s stock chart has been wavering for weeks. Now the Apple stock chart looks ill, and there are some serious technical concerns that Apple’s stock could be in for a rough time. We wanted to apply the fundamental side of the equation with the technical side to see what may be happening here to see if this is a fluke or if it is justified.
We have been witnessing a series of lower highs and the stock just closed again under the key 50-day moving average again on Friday for the second time in this downward cycle. The stock only had one up-day this last week and its actual performance week over week was a drop of -1.98%. After looking at the key market ETFs, the NASDAQ 100 via the PowerShares QQQ (NASDAQ: QQQ) rose by 1.09% and the S&P 500 measured by the SPDR S&P 500 (NYSE: SPY) rose by 1.4%.
First and foremost, we want to know WHY the chart has gone from wavering to ill? A true technician will say “who knows why and who cares why, it is what it is.” There are several big possibilities here that have come into play of late and our aim is to ferret out the news from the noise.
Apple now has its iPhone either mostly migrated to or in the process of migrating to a two-carrier model in its top smartphone markets. AT&T Inc. (NYSE: T) now has Verizon Communications Inc. (NYSE: VZ) in the U.S. Apple is also getting more and more competition from Google Inc. (NASDAQ: GOOG) in smartphones. There has been some concern that Verizon’s sell-through rates have not been what some of the more bullish predictions have indicated, but it may still be far too soon to count this as of yet.
Japan may be a catalyst and it may not. This quake followed by the tsunami followed by the nuclear power plant disaster is creating supply chain disruptions around the consumer electronics community. Apple has been known to hoard parts and it has been a master of the supply chain, but nothing works perfectly forever.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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