As US economic data
keep coming weak markets started to react finally though there are
lot other reason markets to go down which we have explained on this blog
several times. Meanwhile search giant Google revealed that it had earned $11.58
per share in the first quarter, on revenue of $14 billion. On today’s market
the firm’s stock trended down closing at $765.35 per share which was better
than expected though it’s didn’t help stock a lot. Company’s shares have seen a
significant rally. Since January 1st the company’s shares have increased by
around 8 percent. Going forward, major indications for the company’s stock
include the launch of its Google Glass hardware, and the rollout of its new
advertising platform, called Advanced Campaigns.
All Eyes are on Apple stock hit below 390 $, as investors' nerves appeared
increasingly rattled in the countdown to the company's earnings report
scheduled for Tuesday. However technically Apple
is strong buy at this level as this is 50% correction from rally
started in Mar 2009 from around 90 $ to 703 $ in Sept 2012.Analyst are
pessimistic for apple earnings but I strongly believe it’s going be surprise.
Thursday’s our call on buying on Eur/Usd and selling
S&p were 100% successful call and I want to add here about our
Gold call which we recommend to buy at 1460 with 1420 stop and 1415/20 target
have been successfully achieved today.
Following
are trade calls for today,
- Buy
Gbp/Usd at 1.5265 stop below 1.5200 target 1.5360/70
- Sell Dow
Jones at 14543 stop above 14600 target 14445
- Sell
Nasdaq at 2764 stop above 2785 target 2725
For
more info visit : www.Cfb.ae
No comments:
Post a Comment