Twenty seven percent in a week, 16% in a day. That sounds pretty good for a blue chip stock right? On Friday, Google has set a new all time high at 699.62$, after it reported that second-quarter net income was $3.93bn in the three months to end-June, up from $3.35bn for the quarter a year earlier. The rise took the company’s market size to well above $400bn, below Apple, which …
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    Apple has more operating cash than the US Treasury. That sounds like a good investment right?? Lets look at some Apple charts.   A long term chart of Apple makes one thing obvious, this stock is in a clear uptrend. A major low has been set back in 2008 and Apple moved upwards since. The last serious correction occured back in 2013, but except that, there are only minor …
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Grexit has been a very popular word lately, as the danger of Greece leaving the Eurozone got bigger and bigger during the first half of 2015. Finally, after the Greek referendum, it looks like everything is coming to an end, with Greece remaining in the Eurozone. So what does this mean for stockmarkets?   I will use the Dax for reference but all major western European markets are highly correlated. …
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