On 22nd July 2014, Apple (AAPL) announced their latest Q3 2014 results. Comparatively, the results are impressive considering the margins are largely maintained yet on a growing quarterly revenue Y-on-Y. Undeniably, iPhone is still the main revenue generator for Apple (AAPL) followed by iPad. Though for the sales volume for iPad has dipped Y-on-Y. With the upcoming refresh for iPhone…
Tag: Technical Analysis
Quick analysis on STI & Investment Opportunities ahead | Technical Analysis | Singapore Stock Market
STI has been consolidating since Aug 2013 within a tight band. Current support is at 3080 & its resistance at 3180. Momentum is also slowing with bearish divergence forming at both volume & MACD indicators. More convincing breakout should happen beyond 3200. Quick look at some key FTSE ST Indices: A) FTSE ST Financials Index (FSTAS8000.SI)– Short term movement :…
Retracement for Singapore Stocks – Time to value pick SG Financial Stocks? | DBS, UOB, OCBC Banks | Singapore Stocks Market
For the past week, global markets including Singapore have suffered continued weakness arising from general expectations for Fed to reduce QE and a stronger Yen. These triggered investors to unwind their positions in equities and even the commodities market was not spared. That said, it does present a good opportunity to consider value entry. Particularly, the ST Financial Index has…
Apple stocks plunged 9% after announcing their Q1 2013 results – a bargain buy? | Fundamental Analysis | US Stocks
Apple (AAPL) just announced their fiscal 2013 Q1 results which came in ‘unspectacular’ against what traders were anticipating. Nevertheless, it is still a very decent report card if we do look into the details. Key performance summary: Revenue: $54.5 billion versus $54.58 billion expected EPS: $13.81 versus $13.34 expected Gross Margin: 38.6% versus 39.5% expected iPhone: 47.8 million versus 50…
Apple missed the financial forecasts again – how’s the market responding? | Technical Analysis | US Stock Market
Last Thurs (25th Nov), Apple (AAPL) announced its earnings for its fourth fiscal quarter of 2012. Apple’s revenue amounted to $36 billion in Q4. With earnings of $8.67 per share. Apple posted $8.2 billion in profit. The revenue numbers beat industry estimates, but profit did not. The company is still making boatloads of cash and its revenues were higher than…
SoftBank makes aggressive investment in Sprint – short term dilution but long term strategic move | M&A | Stock Market
One of Japan’s largest wireless carriers, SoftBank Corp is spending $20.1 billion to gain a foothold in one of the world’s biggest and most lucrative mobile markets. SoftBank Corp., Japan’s third-largest carrier, is taking a 70% stake in struggling U.S. carrier Sprint Nextel Corp. It would mark the largest-ever overseas acquisition by a Japanese company. Softbank Corp.’s $20 billion takeover…
Financial sector a big laggard or a sign of bigger storm ahead? | Technical Analysis | US Stock Market
For the past quarter in 2012, Dow Jones Industrial has seen a steady upward price momentum with key indicators also ticking up. Nevertheless, the volume has not been too comforting, coupled with much in-decisiveness depicted in wide weekly range swings and doji formations. Interestingly, the DJ Financial Index has been a big laggard against the general DJI components. It is…
Straits Times Index hitting key resistance – Take profits on further strength | Technical Analysis | Singapore Stock Market Review
Ever since Jun 2012, our local Singapore bourse has been out performing vs the foreign markets despite lack of concrete improvement of the Euro crisis. Series of lackluster US economic data further add to the risk of a near term correction in the Singapore stock market. Looking at the STI technicals. it is now testing the very key resistance at…
Apple Q3 2012 earnings as a catalyst to new highs for AAPL stock price? | Technical Analysis | US Stock Market
Apple is set to announce her Q3 2012 earnings July 24 at 5 p.m. ET. It is largely expected that iPad sales to easily beat last quarter’s, and iPhone unit sales to slow down. Apple is widely expected to introduce a new iPhone in Oct 2012, some would-be customers will be holding out for the new model. In Q2 2012,…
US Bank stocks badly sold off with increased market uncertainty | Citigroup, BAC | US Stocks
Across the globe, U.S. economic data released in the past week were mostly upbeat – increases in sales of new and existing homes, an unexpected rise in durable-goods orders and a climb in the consumer sentiment index to its highest level since October 2007. Now the focus of weary eyes are on these key macroeconomics developments: a) The risk of…