Stocks have been taking a big hit the last few weeks. Issues with the fiscal cliff, company earnings and now tensions in the middle east and probably a little bit of Europe. Despite all these market is up 8% this year. Seems like Europe issues will be with us for a long time so maybe the market is use to it and move higher any ways.
Friday may have marked the low for Apple (AAPL). If interested you may want to buy and put a stop around $515. Hopefully we can see this stock above the 10 day simple moving average.
No comments:
Post a Comment