Stock Investing Guide

Apple Inc. (AAPL) which has been leading the market  higher over the past year is now showing signs that the party may be over . At the beginning of this month we saw the first signs of relative weakness in AAPL vs the S&P. As the overall stock market  moved higher, AAPL moved sideways to slightly lower which suggested that this stock and maybe even the market may be in trouble. Today we saw AAPL gap down on good volume taking out the lows from last month. On a long-term basis the trend is still up as can be seen by the rising 200 day moving average which is below the market. This average comes in at the 231 area which also happens to coincide with a support level from last May which I highlighted in the above chart. This is a key level for AAPL which should be watched closely as it may help determine the fate for this powerhouse of a stock. Today Apple Inc. (AAPL) closed at 239.93 which is down 2.39% from Monday’s close.

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Tesla Motors (TSLA) it has hired the man responsible for developing Apple’s (AAPL) retail strategy which has been an important part of the success of the iPod, iPhone, iPad..  The company wants to create a unique shopping experience and believes it has found the right man for the job in George Blankenship, who most recently worked for Microsoft and brings 30 years of retail experience to Tesla.  Blankenship will hit the ground running, opening stores in Tokyo, Japan, Toronto, Canada, and Washington, DC.

“George has a record of building customer-focused stores that revolutionize their industries, and he does it on time and on budget,” said Tesla CEO Elon Musk. “Tesla

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