Looks like the markets are set to open in the red,
Morning Market Video – $SPY $XLE $QQQ $IWM $TLT
Monday Morning Reads – 10-27-14
After having the best week of 2014, stocks are set to start a new week slightly lower. We have earnings reports this week that are likely to move the markets. Facebook and Twitter are among companies reporting their results.
It should be another volatile week. Here is what I am reading this morning:
The Week Ahead Webinar 10-26-14
$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.