News Archive

Bank Stocks Are Back in Rally Mode

Posted October 7, 2017 By

By Emily E.A. Meyer

I wrote back in August about the financial sector and an impending correction in the Financial Sector SPDR (XLF). A breakdown through short-term support levels and the 50-day moving average had suggested further downside in the sector.

Read More

…read more

Source:: MTA News

      

Bitcoin: Your New ‘Safe Haven’

Posted September 28, 2017 By

By Emily E.A. Meyer

On Monday morning, North Korea’s Foreign Minister accused the United States of declaring war after President Trump tweeted that North Korea “won’t be around much longer.” This hawkish rhetoric caused investors to sell stocks and move into “stores of value” such as cash, gold, and somewhat surprisingly, Bitcoin.

Read More

…read more

Source:: MTA News

      

Why Apple Stock Could Climb 10 Percent

Posted September 28, 2017 By

By Emily E.A. Meyer

In an almost perfect “buy the rumor and sell the news” fashion, Apple (AAPL​) stock has sold off more than six percent since the iPhone maker announced its new lineup of smartphones on Sept. 12.

It was a classic scenario because we already knew what Apple was going to announce – almost all the details had been leaked online in the months leading up to the big announcement. The stock rallied as we approached the event and then tumbled as the news came out. Now Apple’s stock is trading at a key support level.

Read More

…read more

Source:: MTA News

      

Target Stock Looks Ready for a Rebound

Posted September 28, 2017 By

By Emily E.A. Meyer

It was a rough start of the year for Target (TGT), and it was downhill for the stock since. Back in February, the discount retailer reported disappointing fourth-quarter results and guided for a profit decline in 2017. Since their year-to-date high of $74.24 on Jan. 4, shares went on a steady slide.

Read More

…read more

Source:: MTA News

      

2 Key Indicators Point to a Nasdaq Downturn

Posted September 26, 2017 By

By Emily E.A. Meyer

In the last few days, there’s been a noticeable momentum change in the technology sector. Some of tech’s biggest names, like Amazon.com (AMZN​), Alphabet (GOOGL) and Apple (AAPL​), have all significantly underperformed the Nasdaq 100. Meanwhile, the Federal Reserve’s plan to sell off assets on the U.S. government’s balance sheet and hike interest rates in December is still on schedule. The result looks like a rotation out of riskier assets with more premium valuations, such as technology, into financials, a sector with a cheaper valuation and one that …read more

Source:: MTA News

      

By Emily E.A. Meyer

Generally speaking, there are two types of technology companies: those that sell or market directly to consumers, and those that market and sell to businesses.

For the last several months, consumer-focused technology companies have dominated the stock market, whether they’re consumer internet (Alphabet (GOOGL​), Facebook (FB), Netflix (NFLX​)); consumer retail (Amazon.com (AMZN​)); or consumer hardware (Apple (AAPL​)).

Read More

…read more

Source:: MTA News

      

4 Top-Performing Alternatives to Bitcoin

Posted September 21, 2017 By

By Emily E.A. Meyer

While Bitcoin dominates the headlines, its underlying blockchain technology has spawned a new ecosystem of alternative cryptocurrencies, known as “altcoins.” Following Bitcoin’s staggering 1,000% moonshot of the past 12 months, a fresh wave of capital has flooded the space searching for the next 10-bagger.

Read More

…read more

Source:: MTA News

      

By Emily E.A. Meyer

After months of a slow grind lower, shares of Alphabet Inc. (GOOGL​) are setting up for a major breakdown. The stock for Google’s parent company significantly unperformed the broader market over the summer and is down around eight percent from its June peak, compared with all-time highs set by the Nasdaq and other major indices.

Read More

…read more

Source:: MTA News

      

Hide me
Sign up below to receive the FREE APTA Newsletter
Email Address
Show me
Build an optin email list in WordPress [Free Software]
Contact APTA