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Technical Analyst: Apple Is Due For A 'Garden Variety' Correction, Not 'Carnage'
Wednesday, March 22, 2017 - 3:06pm | 340Read More...Apple Inc.'s (NASDAQ: AAPL) stock is higher by more than 20 percent year-to-date and more than 30 percent over the past year, which has some calling for a correction. One of those is Tom McClellan, the editor of The McClellan Market Report. On Wednesday, he was a guest on CNBC to offer his take...
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Tom McClellan Just Issued Major Warning About The VIX Futures ETF
Wednesday, April 27, 2016 - 11:55am | 329Read More...Tom McClellan sees some major red flags that the stock market may be headed much lower in coming weeks. According to McClellan, the number of shares outstanding in the iPath S&P 500 VIX Short Term Futures TM ETN (NYSE: VXX) has been an excellent leading indicator for the S&P 500 lately,...
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A Technician's Perspective On Apple's Record Valuation
Thursday, February 26, 2015 - 3:35pm | 378Read More...Apple Inc. (NASDAQ: AAPL) crossed the $750 billion market cap mark recently. Although there are other companies with market caps in three digits, none at this point come close to Apple. Things become more interesting when one contrasts Apple's valuations to that of all stocks traded in...
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Despite Rate Worries, the Housing Market Looks Good to Home Depot and Lowe's
Wednesday, November 20, 2013 - 5:21pm | 1108Read More...To hear Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) talk about the housing market, things are pretty healthy and likely to get stronger. If they're right, an improving market should bode well for the economy and, of course, for both companies. The question is how strong the housing market...
