9/18/2013 Morning Blog

Wednesday September 18th 9:01 AM Posted in: Daily Blog

Markets will be very quiet till 2:15pm et when the Fed tapering announcement should be forth coming. AAPL looks to finally be rising this morning, Morgan Stanley saying they expect 28% increase in IPhone sales this quarter as reported by Fortune magazine. The new IOS7 operating system is available with stellar reviews as well as stellar reviews for the IPhone 5S. We need to close over 469 today before we get interested in buying. If we fail the 50day EMA will cross back down through the 200day EMA for what is called a “Death Cross”.

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