Bull against bear
Financial markets, macro economics, politics and everything else concerning the global markets. The writer is a long time investment banking operative in the nordic markets. The blog is usually updated once a week with specific trading advice. On a monthly basis, the goal is to provide a strategy update. In addition to that, there will be posts of more general content, housing bubbles, investment strategies and more.
January 23, 2013
Apple earnings
I have been negative towards the iPhone 5 and lack of new ideas after Steve Jobs death, but at 445 AAPL is a screaming buy no matter the obstacles. I believe the shares will continue to trade violently in something like a 100$ range until all weak hands have been shaken out. Longer term the company will face pressure from competitors but short term, valuation and still a strong product mix will help the shares.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment