My Daily Readings

Now, what do I really do after I retired?
Well, I do what retirees do. I look at the markets daily!

Here is an example of the tables I study daily. They are like a Musical sheet. If you know how to read it, it is really easy.
Well, I don't really read this daily. But I do know how to.
It is just that I am too busy doing other stuff that I usually glance at them.

See if you can see anything that makes sense to you?
Can you find Yahoo and American Express?
Do you know what is Zillow?

Chart from IBD

Apple, where Pigs now get slaughtered

Market Thoughts Today!

Market is rallying sweetly but many people's attention is on why Apple's stock is lagging.
Given that Apple's stock have broken below the 200 day line, after dropping from $710 to its current $500 range, it is quite clear that most of the fund managers are dumping the stock. Whatever reason they have, it is clear one should stay out of the way.
Of course you believe that now it contains great value.
Looking at the way the 200 day is turning downwards with some much volume, might as well wait till it drops to $300 before buying...then that's probably great value.

"Where the Growth Investors Sells and where Seasoned Value Investors Buy, lies the region where Pigs get slaughtered."
This quotation is by me!