Monday, November 5, 2012

AAPL: Apple Breaks Below Its 200-Day

Apple Breaks Below Its 200-Day
by Bespoke Investment Group

On Friday, Apple (AAPL) closed below its 200-day moving average for the first time since November 25th of last year. As shown below, Apple hasn't been below its 200-day for more than a few days since early 2009! The stock is trying to bounce back above its 200-day today. Will we see another quick bounce back above or will the stock finally go into an extended funk for the first time in years? It seems due, but you never know with Apple. read more »

More on AAPL:
Is Apple A Growth Stock Or A Dividend Stock Now? by Parsimony Investment Research

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AAPL: More on Apple/Intel: Apple engineers have...

4:34 PM More on Apple/Intel: Apple engineers have "grown confident" their power-efficient ARM-based chips will eventually be powerful enough for Macs, sources tell Bloomberg. Also, hardware engineering chief Bob Mansfield is reportedly interested in creating a more uniform experience between iOS and Mac OS. However, Apple is deemed "unlikely to switch in the next few years." To make a full switch, Apple needs to guarantee backwards-compatibility for existing software, something Microsoft didn't do with Windows RT. ARM (ARMH +2.7%) rallied on the report. (Read the comments on this)

See more Market Currents on Tech, On the Move

Recent articles on AAPL:
Is Apple A Growth Stock Or A Dividend Stock Now? by Parsimony Investment Research


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