Tag Archives: spy

My Strategy for December

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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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$AAPL Chart Update

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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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