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Thursday 27 June 2013

Stocks to watch- Apple

Apple's new TV ads are a fail as they scored below the average effectiveness of TV ads
New report from analysts shows that Apple will reduce iPhone manufacturing orders for the rest of 2013 as suppliers are receiving declining sales orders
There are also complaints about the new MacBook Air's failure to stay connected to the Internet

Apple closed at 398.07 yesterday, failing to even go above $398 from 12pm-3:30pm EDT when most other stocks went up
As we speculated on Tuesday, if Apple drops below $398, it might stay down below $400 around $390 today
Be prepared to sell Apple below $398 for end of day 4pm EDT expiration time if it starts dropping fast

Apple's stock yesterday 26 June 2013, pre-market today is already below $398 for now




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