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  • Michael Lee
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  • Apple . Business . Investing . Market sentiment . Moving average . Stock . Superior mesenteric artery . Technical analysis .

Since Apple, Inc. (AAPL) met its death cross (definition below) in December last year the stock has fallen over 21%, from $545.00 to its current $450.00 price level. When it occurred with Apple,this technical trend signal was so widely publicized that the media seems to now have a deathly (pun intended) fear of the event, regardless of its validity. Before we look at gold and its impending death cross, the purpose of this article, let's first define what a death…

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  • Michael Lee
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  • August . August 2012 . Business . Gold as an investment . Investing . Precious metal . Price level . Support and resistance .

The $1,650.00 price level has proven to be a significant one for gold over the past year. In the summer months of 2012, while below this price level, the precious metal found strong resistance at this level, failing to break above it until late August, 2012. But since climbing above $1,650.00 last August gold has, once again, used this level as strong support. The precious metal has flirted with this support level a few times in the past two months…

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  • Michael Lee
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  • AWP . Business . Closed-end fund . FHY . FSD . HQH . HQL . Investing . Market price . Mutual fund . NAV . Net asset value . Share price .

A myriad of closed end funds (CEFs) took a big hit this week on the back of concerns about the fiscal-cliff and possible tax increases. This CEF sell-off, however, has not been a result of an overall decrease in net asset values (NAV) and, therefore, may present a buying opportunity for many funds. (The net asset value of a CEF is the total value of all the securities in the fund divided by the number of shares and, therefore, represents…

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  • Michael Lee
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  • AT&T . Business . DirecTV . Investing . MACD . Stochastic . Stocks and Bonds . Support and resistance .

Please be aware that it was around this time last Presidential election year that stocks plummeted sharply.  In an attempt to minimize unnecessary risk, I suggest staying in cash until after the elections.  Any and all picks listed below are intended for experienced traders as speculation only. Buy T, preferably between $34.50 and $35.00. Initial profit target @ 3.5% above purchase price. Protect from loss @ up-trending support floor (light blue line on graph) AT&T, Inc. is trading just above…

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  • Michael Lee
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  • Business . Chesapeake Energy . Chesapeake Energy Corporation . CHK . Equities . Investing . MACD . Stocks and Bonds .

Please be aware that it was around this time last Presidential election year that stocks plummeted sharply.  In an attempt to minimize unnecessary risk, I suggest staying in cash until after the elections.  Any and all picks listed below are intended for experienced traders as speculation only. Buy DTV, preferably between $50.00 and $51.30. Initial profit target @ 3.5% above purchase price. Protect from loss @ $50.00. DirecTV, Inc. (DTV) broke above resistance at the $50.00 price level in August…

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  • Michael Lee
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  • aapl . Apple . Business . Investing . MACD . Support and resistance . Trade . Vishay Intertechnology .

Please be aware that it was around this time last Presidential election year that stocks plummeted sharply.  In an attempt to minimize unnecessary risk, I suggest staying in cash until after the elections.  Any and all picks listed below are intended for experienced traders as speculation only. Buy AAPL, preferably between $600.00 and $610.00. Initial profit target @ 5% above purchase price. Protect from loss @ $600.00. Apple, Inc. (AAPL) has struggled recently with poor earnings, a slashed outlook for…

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  • Michael Lee
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  • August . Business . Investing . Kohl . MACD . Trade . Vishay Intertechnology . Weatherford International .

Please be aware that it was around this time last Presidential election year that stocks plummeted sharply.  In an attempt to minimize unnecessary risk, I suggest staying in cash until after the elections.  Any and all picks listed below are intended for experienced traders as speculation only. Buy CHK, preferably between $20.00 and $20.25. Initial profit target @ 4% above purchase price. Protect from loss @ $20.00. Chesapeake Energy Corporation (CHK) is trading just above support at the $20.00 price…

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  • Michael Lee
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  • August . Business . Investing . Kohl . MACD . Trade . Vishay Intertechnology . Weatherford International .

Please be aware that it was around this time last Presidential election year that stocks plummeted sharply.  In an attempt to minimize unnecessary risk, I suggest staying in cash until after the elections.  Any and all picks listed below are intended for experienced traders as speculation only. Buy KSS, preferably between $51.00 and $51.40. Initial profit target @ 4% above purchase price. Protect from loss @ $51.00. Kohl's Corp. (KSS) broke above resistance at $51.00 in early August and has…

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  • Michael Lee
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  • aapl . Apple . Business . Investing . IPhone . MACD . NetApp . NTAP .

Please be aware that the markets have been teetering along a significant resistance level and may continue to experience a downward correction in the weeks/months to come.  As always, check futures / pre-markets before entering positions. Buy HRB, preferably between $16.75 and $17.00. Initial profit target @ 3.5% above purchase price. Protect from loss @ $16.75. H&R Block, Inc. (HRB) recently broke above strong resistance at the $16.75 price level and is now, after a slight fall, trading just above…

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  • Michael Lee
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  • Business . Cisco Systems . Commodities and Futures . Investing . MACD . NetApp . NTAP . Staples . Support and resistance .

WLT (from Oct 8) up 5.77% today (Oct 9).  Nice work to those who took quick gains. Please be aware that the markets have been teetering along a significant resistance level and may continue to experience a downward correction in the weeks/months to come.  As always, check futures / pre-markets before entering positions. Buy AEE, preferably between $32.50 and $32.85. Initial profit target @ 3.5% above purchase price. Protect from loss @ $32.50. Ameren Corporation (AEE) recently broke above resistance…

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