Apple (AAPL): Forming a Falling Wedge

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AAPL is currently forming a Falling Wedge with resistance at about $540 & support at $500. Watch closely on AAPL because breakout from current chart pattern will trigger a big move for Apple.

A few bearish signals on current AAPL chart:

  • “Lower Low, Lower High” Down Trend pattern.
  • AAPL is trading below 20D, 50D and 200D SMA. 20D & 50D SMA are trending down and 200D SMA looks like turning down.
  • AAPL retrace back to 61.8% Fibonacci Retracement Level and rejected. Breaking below $500 support will send AAPL to 161.8% FR target of $417.58.

Although AAPL stock price is under value now but this is still not the right time to accumulate for long term investing. However, current AAPL chart is nice to trade but need to wait for the breakout, either a bullish trade or bearish trade.

Note: Earning on Jan 23, 2013.

 

Last Analysis of AAPL with Intrinsic Value calculated.

VALUATION RATIOS

COMPANY INDUSTRY SECTOR
P/E Ratio (TTM) 11.93 18.13 20.71
P/E High – Last 5 Yrs. 20.09 21.43 55.59
P/E Low – Last 5 Yrs. 14.61 10.70 11.85
Beta 1.10 1.14 0.92
Continue ReadingApple (AAPL): Forming a Falling Wedge

Wishing Everyone a Happy & Prosperous 2013 New Year

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It has been 3.5 years since I started this blog. I did not expect I can come so far and my blog can last for so long. Many readers wrote me email asking me why am I setting up this website sharing all those knowledge and information to help other peoples? Huh! I am not that great and I did not expect things happen as what it is today. My original intention in setting up https://mystocksinvesting.com was to use it as my archive or library of stock market information, education articles or video, my stocks analysis for potential trades and current trades. Setting up information in the internet allow me to retrieve my information easily everywhere in the world as long as there is internet access, instead of bringing my computer everywhere to look at the stock chart.

Since I am doing for myself, it is no harm to share with others who are keen to learn about stock market. Stock market teaches me to be humble. It is important to be humble in the stock market because the market will decide how much profit she wants to give you and how much losses she wants to take away from you. The more I share the more I learn because it forces me to analyse the stock market in a more structured manner and enforce discipline in my trades.

There is no short cut and there is no free lunch in this learning journey. I always remind myself to workjhard, practice hard, stay humble and stay open minded to learn new knowledge and strategies. There is no right or wrong in the stock market and this is very different from what school taught us (e.g. 1+1 must be equal to 2, H2 + O2 must be 2H2O). As long as we have a flexible mindset, we still can make money from the stock market if we are wrong.

2013 will be an interesting year to me because one thing leads to another thing which I do not expect initially. I will be partnering a Financial Education consulting company to provide a Public Workshop to share my experience as part time trader who have a full time job. I do not know how things will turn out in future and how it affects my full time job, but I just need to do my best. No if, No But, Take Action & JUST DO IT! 

You can make money from the stock market

 

 

regardless of the market direction (bull or bear)

 

 

 

 

 

 

 

if you have good financial knowledge in stock market, 

 

 

 

 

 

 

understand Chart patterns

 

 

 

 

 

 

 

 

 

and candlestick patterns.

 

 

 

 

 

 

 

Don’t worry about the Bear Market because you still can make money if you know how to short the stocks in a bear market!

Lastly, thanks everyone for the support and wish everyone a Happy & Prosperous 2013 New Year.

Stay Healthy and Trade & Invest Safely!

With Best Wishes,

Marubozu

Jan 1, 2013

Continue ReadingWishing Everyone a Happy & Prosperous 2013 New Year

STI generates a +19.7% gain in 2012

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In 2012, the Straits Times Index (STI) rebounded from its 2011 decline, generating a gain of +19.7% over the year. Dividends boost the total return of the Index to +23.5% in 2012. Over the past three years the average annualised return of the STI including dividend distributions amounted to +6.4%.
 
The five best performing STI stocks over 2012 were CapitaMalls Asia (JS8, +72.1%), CapitaLand (C31, +67.4%), Global Logistics Properties (MC0, +58.4%), Fraser and Neave (F99, +55.8%) and Hong Kong Land (H78, +54.4%). The five underperforming STI stocks over 2012 were Wilmar International (F34, -33.0%), Olam International (O32, -26.8%), Genting Singapore (G13, -8.9%), Golden Agri Resources (E5H, -8.4%) and Jardine Cycle & Carriage (C07, -0.3%).
 
The broader universe of stocks as represented by the FTSE ST All-Share Index gained +22.2% in 2012. Reinvested dividends boosted the FTSE ST All-Share Index to +26.7%. The FTSE All Share Index is made up of the STI stocks, stocks of the FTSE ST Mid Cap Index and the stocks of the FTSE ST Small Cap Index.  The FTSE ST Mid Cap Index generated a +31.7% gain for the year, while the FTSE ST Small Cap Index gained 30.7%. Reinvested dividends boosted the respective indices to +39.3% and +36.6%. Last Monday more constituents were added to the FTSE All-Share Index, bringing the total number of constituents to 166 stocks.
 
The FTSE ST All-Share Index also represents the selection of stocks that make up the FTSE ST Sector Indices. The two best performing Sector Indices of 2012 have been Real Estate Holdings & Development (+56.0%) and Financials (+36.8%), while the two underperforming Sector Indices in 2012 have been Consumer Goods (-17.5%) and Health Care (-4.1%). Please note that the Financials Sector Index is a broad benchmark that includes Banks, the aforementioned Real Estate Holding & Development stocks, REITs and diversified financials. The two FTSE ST Sector Indices that posted the most similar returns to the STI were the Oil & Gas Index which gained in +23.8% in 2012 and the Utilities Index which gained +15.0%. While the Oil & Gas index includes some STI constituents the Utilities Index does include STI constituents.

Source: SGX My Gateway

Continue ReadingSTI generates a +19.7% gain in 2012