Why does Warren Buffett continue to hold a massive stake in Apple?From a technical perspective, it’s because this is a stock that continues to show strong long-term momentum characteristics, with pullbacks to an ascending 150-week moving average often serving as perfect entry points. Using multiple time frame analysis, we can relate the short-term movements in AAPL to the medium-term rangebound pattern. We can then focus on the long-term uptrend that has defined Apple over the last 5-10 years.In today’s ...

This morning, I made my debut on CNBC’s show Worldwide Exchange with Frank Holland.Here are the notes I prepared. At the start of 2024, the entire EV space already had some issues:a. infrastructure-not really setup yet to support EVs easily and or timely Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: b. weather-blackouts cut the ability for EVs to chargec. competition-with tesla losing market share to Ford, GM, Rivian, and ot ...

Consumer instinct is a wonderful attribute to have and generally talked about on firms stocks to buy list.So, just what is the “Consumer Instinct”? (From my book, “Plant Your Money Tree: A Guide to Growing Your Wealth”) “Peter Lynch is one of the most famous investors in the world. A former manager of the Magellan Fund at Fidelity, he averaged a whopping 29.2 percent annual return in his day. Lynch’s number-one philosophy on investing is only buy what you understand. He states, “If you stay half-alert, y ...

Nvidia (NVDA) has significantly outperformed the S&P 500 in 2024, up about 77% year-to-date through last Friday vs. the S&P 500 which was up only 8%. But by the end of last week, NVDA dropped the infamous “bearish engulfing pattern”, suggesting short-term distribution and a bearish setup into this week.  This two-bar reversal pattern, which signaled not only for Nvidia but for the Semiconductor ETF (SMH) as well, indicates a shift in short-term momentum. Strong selling pressure after a higher open “engul ...

Nvidia’s stock price surged last week, reaching an important Fibonacci extension level (361.8).The rally has been unprecedented. Nvidia (NVDA) is a large cap tech stock and its price has doubled in just 9 weeks! But something happened last week. Nvidia’s formed a bearish reversal candle on the weekly chart. See chart below.This is a rare pattern that often times will show up on aggressive/parabolic moves… and often times signals a trading top. Sign up for our FREE newsletter and receive our best trading ...

Over the weekend I mentioned how on Valentine’s Day, I talked with Jon Erlichman of Bloomberg about what tradeable instrument I would date and which one I would marry.He also asked me, to comment on which instrument I believed got away? To refresh memories, I am dating COIN-up over 12% to start the week.I married silver, up nearly 3% on Monday. Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: But the one that got away?Microsoft ...

This week saw a number of big data news headlines… but we could only pick 3.Could Apple buy its way into the Electronic Vehicle market? How about Snowflake’s financials and guidance? And lastly, we discuss the latest inflation data. Data Point #1Apple Drops Car Making, Who Could they Buy? Sign up for our FREE newsletter and receive our best trading ideas and research Leave this field empty if you're human: Why does this matter?This week, Apple made waves by halting its car-building venture. Many v ...

Apple’s stock valuations are near their most expensive levels of the last ten years.Now consider that today’s valuation premiums are amidst a much higher risk-free bond yield than during most of the previous ten years. Apple’s stock (ticker AAPL) has a market cap of $2.8 trillion. Assuming its price-to-earnings ratio and margins remain stable, Apple must sell nearly $400 billion of products and services each year to keep its share price stable. To fathom that, consider that every man, woman, and child on ...

Sometimes, a narrative dominates the financial/social media and promotes a mania among investors. Today, the Magnificent Seven is a great example. Seven stocks, including Apple, Microsoft, Google, Tesla, Nvidia, Amazon, and Meta, are media darlings that many investors favor. Fifty-plus years ago, the Nifty Fifty were the stocks to own. They held a similar place as the Magnificent Seven in investors’ minds.None of the Magnificent Seven companies existed in the heyday of the Nifty Fifty, but a unique valuat ...

The NYFANG+ index of leading growth stocks is up about 12% YTD, while the S&P 500 and Nasdaq 100 have gained only 5%. While stocks like NVDA are making headlines, it’s important here to watch names that have recently gapped higher.  In a bull market phase, leading stocks will break out, and then price will often move even higher as additional buyers are willing to pay more and more for winning names.  In a bearish phase, however, gaps higher will often stall out, representing an exhaustion of buyers. If ...