“Obscured by disappointment over Apple’s latest iPhone models and the ensuing analyst downgrades, the fact that Apple’s stock had hit a golden cross was barely noted,” Sue Chang reports for MarketWatch.
“A golden cross forms when a short-term indicator such as the 50-day moving average breaks above the longer-term 200-day moving average and suggests that the stock is headed for a bull market,” Chang reports. “That is encouraging news for investors who have watched Apple shares lose nearly 7% in value this week after the tech giant rolled out two new iPhones to a subdued reception.”
Chang reports, “After a rough week of downgrades and a steep drop in stock price, the golden cross comes at an opportune time for investors.”
Read more in the full article here.
Is the golden cross where they will nail Jesus, no, sorry Steve Jobs on?
Tasteless as usual.
Would you name yourself after genitals?
BLN is not necessarily dangling beneath genitalia. Ballmer might be holding a couple of pecans, cashews, etc. – one in each hand.
Good to read someone here was astute enough to post the possibilities and not BLINDLY assume a conclusion. As it goes, heard it said assume stands for: ASS-OUT-OF-YOU-AND-ME.
Get a grip man.
Only fools and heartless sociopaths speak ill of the dead.
Then you speak in-ill of Hitler. Jobs was a lying assdog child abandoner, a selfish infantile and an arrogant ass who insured his own death with his idiotic and pompous view of life and food. Good riddance.
You are a sick man. Very very sick man. Medical advice from a specialist of people like you.
I’ll explain the joke but I bet it’ll go whoosh above the heads of the four dickheads above me.
Maybe Hannah’s fine brain will be able to unpick this one.
Though you have some knowledge in the field to astonish us once in a while, I am sure you not earned any respect from any of us. Most of those who agree with you are either your friends or your own creation of “self appreciation club”. Sorry to say.
Uhm, no. You just don’t get it because you’re denser than a sponge at the bottom of the ocean. I like to set my jokes like Soduku puzzles but you lack the intelligence to solve them so you come up with a series of self reinforcing justifications, e.g. phantom friends which argument is worthless really in my eyes. Try engaging your brain for once instead of spouting nonsense.
By the way if you ask nicely I will deconstruct the joke for you but you really need to be as sharp as a whippet but more importantly have an open mind receptive to new ideas.
I think you’re pretending to be a black belt in the intelligence stakes but in actual fact are only yellow belt grade going by your ridiculous close minded statements.
You’ve got some serious issues bro. Not the people who responded.
How so?
Look I’ll explain the joke. iPhone 5S = gold. Steve Jobs oversaw the development of at least two generations ahead. Jesus was nailed to the cross before his ascension to heaven. Most Apple aficionados consider Steve Jobs as Jesus going so far as to call the original iPhone the Jesus phone.
So being nailed to the golden cross is actually a complement to Steve Jobs.
You need to think two steps ahead.
Wow, nut!
That explanation is to show how clever you are and what dolts your critics above are.
What it actually does is to reveal and confirm your tastelessness. You might as well try to explain why some tasteless rape “joke” is actually a complement to the hooker who got raped.
No, it’s that you’re a close minded Nazi going by the past history of your comments. You like imposing your views on others. Taste, is a matter of personal preference. It’s an Apple fanboys crowd here so that excuses thinking caps being removed whenever the words cross and Steve Jobs are mentioned together.
First Jesus and now Nazis. You’re getting around. Keep it up, this is fun to watch.
BLN, your posts are great and noted running intellectual rings around critics that just don’t get it. Good to read posts from a sharp and critical mind …
“No, it’s that you’re a close minded Nazi going by the past history of your comments. You like imposing your views on others.”
Politically correct liberals never stop and they just can’t help themselves. Only THEY know how to live correctly and have the gall to tell everyone else how to behave, think and speak. Certainly their right to rant holier than thou views and certainly my right to wholesale IGNORE them.
BLN, you/ewe know/no better…your sentence ended with a preposition. Please, let this be the last.
A “subdued reception” only by those who fail to grasp the significance of a 64 bit mobile platform. The rest of us are very non-subdued. As Lebowski would say, “The Dude abides!”
I think the “subdued reaction” is mostly due to the 5c not being the cheap or low-cost phone everyone was hyping about. As for the 5s, I agree with you, it’s an amazing piece of tech.
Facts can never be denied.
A very enthusiastic user and developer reception, mind you….
The only subdued reception was Wall Street’s subdued and predictably comatose reception.
I wish it were true that facts can never be denied. There’s an entire industry devoted to dissembling; it shall remain unnamed to avoid starting a flame war here…
I think the iWatch statements of Tim cook is the best misdierection statement for the Samsung people. Look how unenthusiastic the reaction was for their Samsung wrist watch and how it is only usable if you had anothere Samsung mobile device.
lol and only two of there plastic crap devices can used that arm brick. Even there GS4 can’t.
Plastic back for more profit, what’s next? There is no excuse for this abhorring practice , 5c is not a great product, it is a idiotic iteration of great product, shows primitive mentality of cook and his cohorts
Apple has used plastic quite a bit in the past – early iPods, IMacs up to the intel aluminum chassis, etc. there is noting wrong with plastic as long as it is done right. I haven’t seen the new 5c devices, so I cannot comment on their execution. But I see that you have no problem forming a strong opinion from nothing.
The 5c is not the only model of the iPhone. The flagship 5s continues the full aluminum chassis approach. So buy one of those and feel superior.
“lisa” – your English is not very good. I suspect you may be from a country where there is a large company that makes poor rip-offs of the iPhone. Yes?
So you take the 5C and you remove the plastic case. Then you take the 5S and you remove the metal case. Now take the insides of the 5S and put it inside the 5C case. Likewise, take the insides of the 5C and put it inside the 5S case. Do the phones work any better?………………. Any worse?……………..,….,,,,,… I thought not. The case doesn’t mean anything other than to heighten the vanity of some people. The case doesn’t mean shit! It’s what’s inside the case. That’s all that matters. The red Ferrari turns a four minute lap. The black Ferrari turns a four minute 10 second lap. Must be the red paint that makes the red Ferrari faster? Right? ………………Nope. The red Ferrari has a more powerful engine than the black Ferrari. The red Ferrari has the proper gears for this race track. The red paint doesn’t mean shit! It’s what’s inside not the wrapper.
Except for the gold iPhone. Gold is best. Best. Best. Best.
It is intuitively obvious to the even moderately informed that most tech analysts are shills for Google and/or Samsung.
Samsung and Google Response: A Big Brown Spot in their shorts while realizing they have no 64 bit chip, and even if they did they have no 64 bit OS.
What is the response of the average and dumb kids in the class when faced with the clear superiority of the smart kids – make fun of them! That is what we see Microsoft doing, along with the tech media and Wall Street. Then you have Samsung coming along with the “Big Deal, we will do that too” approach, knowing they will have to wait for Google to get Android up to speed and deal with still more fragmentation.
So where are the other dipshit “chartists” that CNBC always trot out? You know. The ones who like to play “matching shapes” and compare the shape of, say an RCA stock curve from 1910 to, say, an Apple stock curve of 2013 and draw profound conclusions about the demise of Apple.
The latest brilliant “chartist” proclamation was made on the aforementioned channel and concluded that since a Microsoft curve looks like an Apple curve then Apple is doomed as is Microsoft.
Of course the “chartist” didn’t look at the facts or financials of the matter and apparently was favorably inclined toward Microsoft still succeding.
These “chartists” are quick to pounce on perceived negative “patterns” but conveniently overlook any positive ones. Kudos to Ms. Chang. I probably won’t hear about this on that “financial” channel and hope the the “golden cross” pokes them in their butt-tocks.
Ugh.
Chartists remind me of the Bible coders. 😆
Assessing a stock’s value based on when the red line crosses the blue line is tantamount to reading chicken bones. Witnessing Japan’s carriers going to the mattresses over one specific phone model, or watching your closest competitor choke on his own tongue, now there’s some data for ya.
The ‘Golden Cross’ is looking more like a rusty iron rod up the shareholders’ collective arse.