I hope everyone had a wonderful Thanksgiving holiday! As we are now into December, we can all look toward the end of the year. Despite the eight strong weeks we've seen, some folks are calling the current up move a bubble. They could be right, but the trend is your friend and the trend is clearly on the upside for many stocks, particularly the ones that I have been talking about for most of the year. I talked about perception just before the Thanksgiving holiday and how it is one of the most powerful forces in the market. The perception now is these markets can and will move higher. The Drones Are Coming It is worth noting that Amazon hit a high today of $399 a share, which is very close to my target zone of $400 per share that I outlined well over a month ago. In the past couple of days, Amazon unveiled its latest, greatest idea - to deliver parcels by drones some time in the next five years. Whether this becomes a reality or not, you certainly have to congratulate Amazon for its forward-thinking and creative approach to making the customer happy. I Remain Bullish On Apple With all of the Trade Triangles positive for Apple, I still see this stock moving higher for most of December. I believe that Apple is going to have an all-out quarter, as I predict that Apple�s iPad will be the most sought after gift this holiday season. In a recently released report, it shows that most users prefer the iPad and the IOS system over Google's android system, by a factor of four or five. This was really eye-opening news to many in the market, as it underscores just how powerful and important the Apple ecosystem is in users' minds. Is Pandora Media Worth Buying? I'm going to take a look at one of my favorite stocks that may be offering a buying opportunity around current levels. I will explain what I am looking for and what will trigger me to take action. This is a fairly low-priced stock, compared to Apple or Amazon, but may have a nice percentage move.
You are now leaving a Magnifi Communities’ website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.
Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.