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Monday 1 July 2013

Stocks to watch- Apple, Disney, BlackBerry

Apple applies for 'iWatch' trademark in Japan, indicating that Apple is preparing to launch the iWatch
This may help Apple rebound back above $400
Apple drug scandal: Apple found drug use in 14 of its work space
An Apple spokesman commented: “We have a zero tolerance policy toward drug use and possession.

However, we do not think that the drug scandal will have much more effect on its stock than the iWatch trademark application
Long term investors & bargain hunters are waiting for an opportunity to buy Apple at a low price, at a right time
Today might be the day, Apple should stay above $400 at the end of the day, look to buy Apple below $400

Walt Disney's Monsters University was the top film in the weekend for the 2nd time

BlackBerry's stock dropped from 14.5 to 10.46 during pre-market on Friday due to earnings missing estimates
However, it remained quite flat later during the day, it should still stay around 10.00 today but has a chance of breaking below & going even lower

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