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September 2nd

Ushering in a New Tide

posted in Apple (AAPL), Wall Street 411 |

It has come to the conclusion of our writers that we should begin to write about a single company, rather than the broad perspective. This company has often been featured on the site and there are numerous times where MarketMatador.com were spot on, leading to tremendous gains from some of our readers.

While the stock market always offers a variety of companies to choose from, we’ve selected Apple Inc. (AAPL). By focusing in on Apple’s rumors, stock charts, and general news, we can clearly offer the best trading results in AAPL.

Some categories and portions of the site may be deleted, but for the most part, the site will stay very much the same and allow for a smooth transition to the one stock focus. We hope that our subscribers and readers can stick with us and follow in the site’s next step.

Without further ado, we’ll introduce Apple’s latest stock chart and show you what we think the next trade on the stock should be.

apple_rocky.png

Look for Apple to have a lackluster release of the latest iPod Nano on September 5th, if the rumored designs actually represent Apple’s next product release. Either way, it looks as though the stock will be at a crossroads on Tuesday. Part of the market buying into Apple’s release, and the other selling off and taking profits before the release. If the market sends AAPL down more than a couple of points, look to buy-in.

Disclosure: Long Apple Inc. (AAPL)

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This entry was posted on Sunday, September 2nd, 2007 at 11:33 am and is filed under Apple (AAPL), Wall Street 411. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

There are currently 2 responses to “Ushering in a New Tide”

  1. 1 On September 2nd, 2007, Beltway Greg said:

    Prediction:

    Apple will see further resistance at $155.00

    Probably finish next week at $144.00.

    Apple has already sold or very shortly will have sold over 1 million IPhones. Just look at what they sold in 30 hours. When this is announced during the next earnings call the stick will rise to $175.00 and will exceed $200/share sometime in Jan. 08.

    This company deserves to have another book written about it for the amount of free press it receives. CBS basically ran a free five minute infomercial on Saturday’s (9-1) evening news. Of course all bets are null and void if business conditions or world events substantially affect patterns of spending or consumption.

    Beltway Greg
    Bill Miller is correct; stocks are cheap.

    Beltway Greg was borned and raised in B-more and if you say something smart he might have to knock you on your a** hon.

  2. 2 On September 3rd, 2007, lumi said:

    Your iPod nano pics/link (rumored) are now up to date. New rumored nanos (with new pics) are out. Do you still expect a “lackluster” release?

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