I know people installing IBM Watson computers so I fundamentally have wanted to invest in IBM for a while now. Is now the time? Their AI is getting better at an exponential rate. The dividend yield is pretty good at 5.46. So I am looking to buy and hold indefinitely, with a lax stop loss.
Despues de haber rebotado en la linea de tendencia principal, se ha formado un triangulo ascendente, no son muy valido ya que estamos tocando la linea de tendencia, pero alguna posibilidad hay, por otro lado los indicadores estan a nuestro favor, si el adx empieza con pendiente positiva, seguro nos vamos a los 200,
Ahora en fundamentales para mi ahora...
IBM reported earnings and reaffirmed guidance. It was up over 5% on the news.
"The U.S. Trade Representative said Tuesday 10% tariffs on about $300 billion in Chinese imports will go forward, but tariffs on some goods will be delayed until Dec. 15. Those items include cellphones, laptop computers, video game consoles, some toys,...
I'm buying an IBM call Spread 150/160 Cost $3.01 max gain $6.99
Expiring September 20th.
This looks like a good play, however if the market goes for a downturn this may push through it.
I think AAPL earnings will be a reflection of the tariff against China we'll have to wait and see.
Broke out of cup and handle, also OBV is rising and RSI is overbought...
Look at this BS, declining revenue and it still goes up.
In any case, I'm not shorting it here just because MSFT is reporting tonight. they always beat which means the Dow will gap up and take IBM with it. Don't really need to open a short position on a Friday, I think I'll reassess this on Monday.
Overbought with huge divergence.