Saturday, January 25, 2014

2013 was a great year for Stocks - Wait 2014 will be bad year with a 10 percent correction

Overview of 2014:

*Canadian dollar should hover most of the year in the 85 and 90 cent range.
* Apple to finally come out with something very new, which everyone has been waiting for, since Steve Jobs past away.
* Apple is most likely recession proof but will drop in the 400's until a new product is launched.
* Chinese stocks flying for the ecommerce site. The amount of sales they do, out does Amazon and ebay combined.
* Winter Olympics in Russia will be a great event, but costly.
* What about Bitcoin? Does it go back to 100 dollars or will the currency explode to 5000 at the end of the year like the owners think.
* Bronco's or Seahawks for Super bowl? Bronco's all the way. Place bet under.

Tuesday, July 10, 2012

APPLE stock 700

Well, it only due time that aapl stock to spike up to 700. Iphone 5 around the corner, ipad mini and China will make the rise by end of this month. Amazon and Microsoft trying to make in roads but as we can see with Rimm is only due time which they all fail. RSI shows it still has room to spike and looking at the December run, there looks to be a repeat into the fall. Though, the fall can be steep if no new innovating products come out.

Friday, May 18, 2012

Will the Iphone release date suprise everyone? Its coming soon.

When is Apple going to release its next Iphone? Rumour has it coming this fall for September or October 2012. Though, what if they catch everyone off guard and announce in June that they will be releasing the Iphone 5 in July!!! Perfect time for the Olympics, perfect time to catch everyone off guard. This would be something that would set Tim Cook apart from Steve Jobs. If not, at least the Ipad mini 7 inch or another updated version of the Iphone 4S could also be announced in June. A 4 inch screen size, yes, NFC, yes, IOS 6, yes. At least,  Apple won't be waiting until September or October to announce something innovating. So its coming soon. The stock is currently at 530 dollars as of today and it has hit the lower end of the bollinger band so we are due for the next huge run in the stock. This time to $700 in a few short months, as long as Europe and China issues don't implode. Apple is one of the most misunderstood stocks.

Saturday, March 31, 2012

2012 stocks rocketing out of the gate

For the first 3 months of the year, stocks have had a big run, from tech stocks, to financials. This should continue, but nothing ever goes straight up. We should see a nice correction in mid to late April, before resuming its upwards run into the summer. Even if more bad news coming out of Europe, it wont stop the US rally thoughout the summer. Come fall, there may be a full reversal. Events are hard to predict but it is 2012, the year the web bot predicts the end of world (or a new beginning), but in what shape or form is it going to come in, nobody knows. Decemeber 2012, take your money out and enjoy. Cash will be king.

My own stock predictions:

Apple - will hit 666 sometime this year
RIMM - will be bought out - around 25
Amzn - even though over priced (PE ratio) will continue to go up 270
Banks - BAC , GS, WFC, JPM - up slowly, but up
Oil - out of whack
Gold - will shine again
Canadian Dollar - up more against US
Biggest stock event - Facebook offering
Biggest disappointment - Netflix - will fall hard again

Why pay retail when you can get wholesale prices.