Marc Eisen
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Marc Eisen in Chaikin Analytics,

Chaikin-Last week

Last Week’s Bullish Stock of the Week
Last week’s bullish stock of the week, Apple Inc. (AAPL) fınıshed at 102.50 up 2.5% from last Wednesday’s close. A very bullish outlook from Avago (AVGO) who supplies telecommunications chips for the iPhone suggests a large ramp up in iPhone production ahead of the September 9th iPhone 6 product launch. Hold until closer to next Tuesday’s AAPL press conference and look for a spike to sell the stock in trading accounts.
Our bearish stock of the week from 2 weeks ago, Sears Holdings (SHLD), rallied early in the week but sold off sharply on Friday. Continue to avoid and look for put buying opportunities on strength.