Archive | October, 2013

4 Stocks to Avoid in Europe

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Using our relative strength point and figure charts, we are always on the look out for stocks with deteriorating momentum.  Through years of managing portfolios, we have learned the hard way that 80% of portfolio problems will come from 20% of the stocks. The following are five stocks to be avoided in Europe right now.

Apple still in “no man’s land” post earnings release

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Apple’s earnings conference call is going on right now. They reported pretty solid headline numbers ($8.26 EPS vs $7.94 consensus expectations, $37.5 billion in revenues vs $36.9 billion consensus expectations). However, the stock is down about 3% in after-hours trading. Technically, the stock is stuck in ”no man’s land”.