Friday 23 April 2010
Apple effect
ARM Holdings, chip maker, listed on LSE has been rising every since Apple announced iPad late last year. Stock is up nearly 30%. It has momentum and if you look at charts it has linear upwards movement. There is news that it might be taken over by Apple. It is due to announce results next week. So it still has some legs to go further.
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Stock market is a volatile market. Where people invest with the intention of making money but many traders and investors ends up as a looser. Must be wondering what makes one trader a winner in the stock market and another one as a looser in the market.
Apart from this result season is also going on. Though not that favorable results are expected this time. But INFOSYS came up with very good results now we need to wait till giants like RELIANCE, SBI and other declares there numbers. As they will be responsible for further market movement.
For now we strongly suggest everyone not to take too many deliveries in there portfolio. Just wait for some more time for quality value buying.
In Indian stock market many people have many doubts but they dont want to clear them by consulting professionals nor they want to raise there questions where other traders and investors can help them out. But now many portals are coming up with QNA sections where investors and traders can exchange there views about stock and stock market. Indeed its a great help for everyone who are related to stock market.
Regards
amarinvestments.com
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