Investors have a handful of market and economic numbers to watch as a sign of where stocks are headed - but the Apple stock (Nasdaq: AAPL) price will be one of the biggest indicators. And this week, AAPL stock is on the move...
As the launch of the Apple iPhone 6 careens our way, we're seeing more and more speculation that the iDevice king wants to add digital payments to its "ecosystem."
And that's going to further supercharge the business of NXP Semiconductors, the specialized chipmaker whose shares are up 195% since we recommended them back in May 2012.
Let us show you why...
DJIA Today, Sept. 3, 2014: The Dow Jones Industrial Average managed to eke out a 10-point gain Wednesday, but overall U.S. markets were mixed as global tensions and strong auto sales offset one another. The Nasdaq was weighed down heavily by the tech sector this afternoon, as shares of Apple Inc. (Nasdaq: AAPL) slumped more than 4%.
Last month Apple Inc. (Nasdaq: AAPL) stock reached an all-time high. This fall we'll see several more reasons why Apple stock is headed much higher.
That's what Money Morning Defense & Tech Specialist Michael Robinson said in an appearance today (Tuesday) on FOX Business' "Varney & Co.," as he talked about the many new products the tech giant is planning to announce at its Sept. 9 event.
Here's what Robinson expects to see from Apple next Tuesday and why he thinks it will drive AAPL stock much higher...
The Dow Jones Industrial Average (DJIA) today shed 42 points today and gold prices rose for the third consecutive session as investors sought safety from rising geopolitical tensions in Ukraine. This morning, Russian forces invaded Ukraine via the eastern border.
The losses remained tempered by a batch of strong economic data that saw U.S. second-quarter GDP growth revised upward to 4.2%.
DJIA Today, Aug. 22, 2014: U.S. stocks were mixed on Friday as Federal Reserve Chair Janet Yellen's speech in Jackson Hole, Wyo., failed to beat back renewed geopolitical concerns in eastern Ukraine.
This morning, NATO announced that Russia was building up a strong troop presence on the eastern border of Ukraine, while another convoy entered the country.
You may remember the famous "1984" commercial introducing Macintosh personal computers.
In the ad, "Apple" is an iconoclastic young heroine who hurls a hammer at a giant screen broadcasting "Big Brother" (IBM) lecturing to a legion of followers.
But instead of David battling Goliath to the death, the two are now joining forces in a bold new pact, and it's a good deal for both companies.
DJIA Today, Aug. 20, 2014: U.S. stocks were up Wednesday after the release of minutes from the most recent Federal Open Market Committee meeting in July. According to the minutes, the consensus view of the FOMC is that interest rates won't begin to move higher until at least mid-2015.
Stock Market Close, Aug. 19, 2014: U.S. stocks roared again Tuesday, buoyed by strong earnings reports and a slew of positive economic data. The surge was led today by The Home Depot Inc. (NYSE: HD), which saw shares rise nearly 6% after the company beat Wall Street estimates for its second quarter.
Thanks to two effusive research reports, the Apple stock price (Nasdaq: AAPL) cracked the $100-a-share milestone yesterday (Tuesday).
The close of $100.53 also marked an all-time closing high for Apple stock. The previous all-time closing high (before the 7-to-1 stock split in June) was $702.10, or $100.30 adjusted.
The analyst reports both noted that strong sales of the upcoming iPhone 6 will boost AAPL stock.
For all the talk about fancy new hardware (like the iPhone 6) that's in Apple Inc.'s (Nasdaq: AAPL) pipeline, another initiative on the horizon has just as good a chance - if not better - to move the needle on Apple stock over the next year.
It's Apple's bid to control the nascent mobile payments industry, which is poised to grow from $133 billion last year to $626 billion in 2018.
The partial peace in the global patent war between Apple Inc. (Nasdaq: AAPL) and rival Samsung Electronics (OTC: SSNLF) won't be a major catalyst for either AAPL stock or that of Samsung, but it will be one less risk factor for investors in both companies to worry about.
Cupertino, Calif.-based Apple and South Korea-based Samsung announced today (Wednesday) that they would drop lawsuits against each other in all countries except the United States.
Stock market close, July 31, 2014: U.S. markets plummeted Thursday in a broad decline, with the Dow Jones shedding 317 points in a broad sell-off.
Meanwhile, the S&P 500 fell below its 50-day moving average, erasing all of July's gains as concerns in global markets hammered stocks. The Chicago Board Options Exchange Volatility Index (VIX) jumped more than 26% to an intraday high of 16.98, the highest level since April.
Investors needed to sleep on a deceptively boring earnings report, but by this morning the positive news the company shared in its conference call had pushed Apple Inc. (Nasdaq: AAPL) stock up nearly 3%.
Much of that had to do with the iPhone, the Cupertino, Calif.-based company's most important product and the primary catalyst of Apple stock.
But investors weren't just reacting to the encouraging iPhone news.
Just under a year ago, Capital Wave Forecast Editor Shah Gilani said it was time to buy Microsoft Corp. (NasdaqGS: MSFT).
It was a surprising call. The once-great software giant had become a moribund also-ran, and Wall Street clearly saw no future for the Redmond, Washington-based company.