Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

Eye on Amazon & Apple


With all of the anticipation of Apple (AAPL)'s iPad 3 unveiling today and perhaps a Kindle-killer product as well, it is very interesting to notice that Amazon (AMZN) is holding up extremely well, as its multi-month base pattern continues to develop and strengthen.

As long as 177-175 support contains any forthcoming weakness, the onus will be on the bears to prevent AMZN from hurdling key resistance between 183.50 and 184.80, which should trigger a potentially explosive short-covering panic-type of thrust.

An interesting session to be sure, as AAPL and AMZN are the focus of the technology sector today.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!