MoneyAccumulator.com

by Das Brain

Today RBC Capital raised the price target of Amazon to $75. The stock today jumped up $1.80 or 2.64% to the currently traded stock price of $69.99.

Read the original article below:

Amazon target price raised by RBC Capital

With Amazon’s earnings report 22 business days away, I can see why RBC Capital is coming out with the raise in target stock price. I have already opened up positions in Amazon (AMZN) with ITM (In The Money) call options expiring in October, and strike price of $67.50.

by Das Brain

Taking a look at the 60 day chart for Coach Inc, stock ticker COH it looks like Coach is now a good buy. I think right now is the time for me to get in, however I do recommend that you do your own research and read my disclaimer.

by Das Brain

Yesterday I was talking about the weakness in CROX shares, and that I will buy when it hit a certain level, but today the stock split 2 for 1. So it went from around $90 to the current trading stock price of $45.42.

by Das Brain

Looking at the chart for CROX, it looks like the stock price is showing some weakness. This company which makes those famous crocs shoes has been on my watch list for the last 2 months.

After my last post on taking an opening option position on Apple, I was scouring for news releases on Apple and found this one below:

==============================

Deutsche Bank: Buy On Any Apple Weakness
Wednesday June 13

FP Trading Desk submits: Apple Inc. (NasdaqGS: AAPL – News) CEO Steve Jobs used the company’s Worldwide Developers Conference to preview its new Leopard operating system, which includes more than 300 new features, the Safari 3 Web browser for Windows, and the highly-anticipated iPhone, and market is watching progress for these products closely.

by Das Brain
The stock price of Apple is taking it on the chin today, 2 days ago with about a 4% decline, yesterday it was flat, and then today the sell off continued with a 3.5% hit on the downside. In dollar value that is about a $10 decline from Apple most recent stock price high. Currently, Apple’s stock price is trading at $115.98 .

by Das Brain

Looking at the major U.S stock market indices right now, it is all red.  Today makes the third day of declines for U.S stock markets.  Funny, as I was writing my post 2 days ago about “when is the stock market will correct“, the market started to decline.

by Das Brain

The U.S stock market over the last 3 months have been on a tear, since the first China stock market scare, the stock market just keeps going up, only slowing slightly for a small break downwards here and there, then proceeding upwards. The upward momentum is so strong that the second China / Shanghai stock market correction of almost 7% didn’t even derail its strong momentum upwards.