Wednesday, 5 December 2012

The Apple Phenomenon decides US fate

Dear Friends,

You may be amazed by "The Apple Phenomenon" theory that the market follow closely to Apple movement. But we have followed closely with my darling stock Apple to know this trend. If Apple goes up $100, the stock market goes up generally. If Apple falls $200, the stock market goes down generally.

Why?

Bcos it represents 5% of S&P500 index and 20% of Nasdaq composite. Of course, with Apple recent drop, the percentage may differ a bit. But more importantly, if Apple goes down $30, it gives the Bears a reason to short the market. The market is always looking at the world's most influential company to know the market confidence.

Attached are the charts of Apple and S&P500 index. Did u see any similarity in the direction?

Chart of Apple:


Chart of S&P500:



Let us see if Apple breaks $600 barrier soon. We think it will before the end of the year because of expectation about its next earnings results in January. So let us in the meantime, enjoy the run.

Regards
Daniel
www.danielloh.com

Radio FM958访谈 2018年11月15日:世界股市展望 - 现在是熊市吗?

·         美国 股市担心苹果业绩,巴菲特却大胆投资! 道琼斯昨晚闭市在 25080 ,掉了 205 点。在这 10 月 11 月道琼斯的波动都相当大。有很多投资朋友开始怀疑熊市是不是已经来临了。我的答案是还没有。这个跌幅反而是好时机进场。大家不用太担心。 ...