Egged on by the famous investor Carl Icahn, Apple Inc. (AAPL) has been buying back its own shares vigorously – which, according to a statement earlier today from Egan-Jones Ratings Co., is a mistake. The independent ratings and analysis firm, established in 1995, urged … [Read more...]
Apple Inc. (NASDAQ:AAPL) Year in Review and Looking Forward
After nearly a year topping $500 a share, Apple Inc. (NASDAQ:AAPL)’s stock is down 30 percent from its peak—September, when it exceeded $700—and fell to $484 Jan. 15 before slightly rebounding the next day. Was 2012 a sole year of glory for Cupertino? Right now it’s anyone’s guess. As … [Read more...]
Apple Inc. (NASDAQ:AAPL) Morning Rally on Tom DeMark’s ‘Bottom’ Call
Apple Inc. (NASDAQ:AAPL) opened today at $494.64 up $8.72 from yesterday's close of $485.92. After hours trading spiked as high as $491.20 yesterday evening (from what I saw) on news from Market Studies, Tom DeMark. … [Read more...]