All posts by Max Ganik

My Strategy for December

We all know that December is seasonally a strong month, one of the strongest of the year in fact. What many do not know is that the 1st two weeks of December actually have a bearish seasonality. We are seeing that right now, as the SPY opened the month down .75%. Despite the fact that there are a few technical indicators that are bearish (such as the RSI being near 70 which is overbought and the MACD rolling over)I think that this mini dip is setting up nicely for many long trades into year-end. In the article I will go over a few observations that I had today and how I plan to act tomorrow and the coming days.

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Now is the Time to Buy GILD

Over the past few months I have started to analyze GILD more, and I have become more familiar with how the stock acts, and also its fundamentals. GILD is trading at a forward P/E of 11 and is projected to have earnings growth upwards of 30% over the next 3-5 years. When I see a stock that has both an amazingly low P/E and also a phenomenal growth rate (4 times the estimated S&P 500 growth rate) I know it is a good long-term buy. However, it is also important to look at the technicals to see if the stock has more room to the upside.

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$AAPL Chart Update

I have been very bullish on AAPL for the last few months for many reasons. First, I believe that AAPL has phenomenal fundamentals and is poised to grow at a faster rate over the coming years. I believe that with the iPhone 6 and 6 Plus, AAPL's margins will increase along with the ASP. This should help EPS and Revenue grow at a much faster pace. Second, AAPL has an amazing growth opportunity in China, and I think that this should increase earnings substantially. Lastly, Apple Pay and the iWatch should keep investors excited for the time being. Regardless of whether you think these products/services will make a dent in AAPL's earnings, it is enough to keep investors optimistic that AAPL is continuing to innovate. Putting aside how great a company AAPL is, it is important to look at the technicals to see where the stock is heading next.

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Apple Q3 Earnings Preview

On Monday, we will have Apple (AAPL) reporting earnings. The estimate is for $1.31 EPS and $39.8 billion in revenue. The big take away from AAPL’s earnings is going to be their gross margins and guidance. Analysts want to see how strong the margins will be for the iPhone 6. A big problem with the iPhone 5 was how it diminished AAPL’s margins. I have my own thoughts on what I believe AAPL will report and how the stock will move.

Over the last year, AAPL has gone through with a enormous share repurchase program. The effect has been seen by a sudden growth in EPS. When AAPL reported earnings in April and July 2014, EPS grew by 15% and 18% respectively. In my opinion, part of the growth was due to the buyback program. Now what do I expect AAPL to release?

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