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Monday 7 October 2013

Stocks to watch today

US government shutdown continues as Boehner said that there's no way the Republicans will pass a clean debt ceiling & Obama said that he refuses to negotiate over any changes to Obamacare

US stock futures plunged but is slowly trying to rebound now
Stocks will try to rebound but it will be difficult
S&P 500 can drop anytime because it's weak
Look to sell S&P 500

Apple is upgraded to "Buy" as iPhone sales might increase its gross margin more than expected
iPhone 5S was the top-selling mobile phone in September
SEC ended investigation into Apple's tax practices without taking any action
iPhone 5C is also being discounted
Look to buy Apple

BlackBerry is in talks with Google, Cisco & SAP to sell itself as a whole or pieces
BBRY is up to 8.0 from 7.69
Look to buy BlackBerry

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