Tag Archives for " AAPL "

Apple Rally Now 89 Days and Counting

In the picture below you see a comparison of the 2011-2012 rally in Apple (AAPL) to the 2016-2017 rally currently underway.

In 2011 the 10 ema crossed above the 21 sma on December 6, 2011. The rally peaked on April 10, 2012 and the moving averages crossed to the downside on April 17, 2012. The length of the rally from initial upside cross to the downside cross was 91 trading days.

In 2016 the 10 ema crossed above the 21 sma on November 25, 2016. So far the rally is still on after 89 trading days. Today is April 5, 2017.  Observing the past, to live in the present, with eyes wide open.

Semiconductor Stocks getting hit, but so are lots of Tech Stocks

This week the semiconductor stocks got hit very hard on Thursday. The supposed catalyst was indications that Apple was cutting back on iPhone 7 production.  But many tech stocks are also getting hit.

Some say it is a rotation into sectors like finance, infrastructure and energy. But some of this is also related to global commerce and sourcing. Fears of a trade war with China are not helping stocks like Apple. Continue reading