If you have noticed lot of bloggers have been promoting the Wallstip site in recent weeks. Today it is up and running with an episode on Apple stock. They say Apple is up because of retail outlets. That is utter nonsense.
Apple is up because it has new product and earning acceleration as a result of that. The correct graph of Apple would be with earnings superimposed. The worst kept secret on the street is earning drives stock prices.
Going by the first episode its a dud and the anchor looks silly, it is poorly scripted and the jokes fall flat. Very amateurish thing.
The so called expert commentary by bloggers is even worse. If investors are going to invest based on this then all the best. As long as this kind of uninformed non sense continues, traders with edge do not have to worry.