Skip to main content

Palm More Promising Than Apple Or RIM

For those looking for the Live Eagle Cam Scroll Down

Joseph Hargett, Option Advisor, 05.08.09 in
The sharp moves higher in share prices of Apple and RIM look to be tired, but Palm is still full of pep.

Smartphones have quickly become the greatest thing since sliced bread for the wireless and handheld sector. Gone are the days when the slick clamshell design of the Motorola RAZR was enough to virtually guarantee success. Throughout this revolution, cellphones have practically become pocket PCs, and every manufacturer in the world is attempting to get in on the action.

With the pool of rivals growing at a seemingly exponential rate, prospects for the three most revered smartphone makers are becoming increasingly grim. In fact, companies such as Apple ( AAPL - news - people ), Research In Motion ( RIMM - news - people ) and Palm ( PALM - news - people ) have their work cut out for them if they wish to hold on to their crowns as the premier smartphone investment opportunities in the current market environment.

While Apple was far from first on the scene in the smartphone market, the arrival of the company's industry-defining iPhone, complete with a slick touch-screen user interface and an award-winning digital music player, quickly placed CEO Steve Jobs' firm at the top of the heap. Even industry leader Research In Motion followed Apple's lead and created a touch-screen version of its extremely popular BlackBerry line of smartphones. Apple changed the game once again by beating smartphone makers to the punch when it included 3G support in its second iteration of the iPhone.

Smartphones are not cheap, and prospects for slackening consumer demand due to tightening budgets prompted selling pressure to sweep across the sector in late 2008. AAPL shares, once trading near $200, plunged more than 54% in 2008. An, while the stock did eventually hit bottom in November 2008, the chilling effect of the recession has held the equity in check for the ensuing months, with AAPL trending sideways between support at the $80 level and resistance near the century mark.

In early March, evidence that the economic downturn was slowing provided a much needed boost for AAPL. The stock vaulted higher, logging a year-to-date gain of more than 51%, vs. the S&P 500's gain of roughly 0.5%. What's more, AAPL has enjoyed the support of its 10-day and 20-day moving averages since March.

Apple shares now face another technical test before they can continue their recent turn of good fortune. AAPL was recently rejected by long-term resistance at the $135 level--a region that capped the equity in February and March 2008. Additionally, the stock's 20-month moving average is descending into the area, and could complicate matters further.

AAPL's sentiment backdrop is also a concern for the stock's bullish case. Currently, the stock's Schaeffer's put/call open interest ratio (SOIR) of 1.02 ranks above 91% of all those taken during the past year, but developments within the options pits point toward a spike in optimism just as AAPL encounters technical resistance.

According to the International Securities Exchange and the Chicago Board Options Exchange (CBOE), approximately 1.6 calls have been bought to open on their exchanges for every put purchased during the prior two weeks. This ratio ranks above 60% of all those taken in the past year, pointing toward rising expectations even as AAPL struggles with technical resistance.


Popular posts from this blog

A Golden Age for Cheapskates

In a Lousy Economy, People Dig a Bit Deeper to Turn Up Deals
By Nancy Trejos
Washington Post Staff Writer
Sunday, April 19, 2009

Last fall, the Woodbine, Md., mother of three figured out a great way to get some: online giveaways. She has entered about 40 so far. She has won T-shirts, cleaning products, a small portable vacuum, olive oil, beef jerky and -- best of all -- a Nintendo DS on Web sites such as, and

"The lure of free stuff is quite appealing," she said. "I never considered myself a winner. I don't think I ever won bingo. My name was never drawn from a hat. However, I've been extraordinarily successful at the giveaways."

The recession has emboldened a certain kind of consumer: The mooch. With dwindling retirement savings, a higher cost of living and wobbly job market, they don't just want discounts on items they used to pay full price for without a second thought. They want freebi…


A RECENT NOR EASTER HIT THE NEW ENGLAND COAST AND AS THOUGHT THIS WRECK SURFACED AGAIN FROM ITS BURIED DEMISE--The skeleton only appears periodically - the last time was in 2013 - always after a significant coastal storm, and always attracting attention. Archaeological work conducted in 1980 indicated the wreck is a sloop of about Revolutionary War age. It is likely a “pinky,” a type of vessel with a high, narrow stern and square rigging easily maneuverable along the coast of Maine. Pinkies were popular as fishing and cargo vessels. The first sighting of the skeleton was in 1958, and then it has surfaced periodically right up to the present day - and usually after a good spring nor’easter. Word spread quickly about this sighting via social media, and people came over the weekend and on Monday as well. First, they had to navigate the seaweed- and rock-strewn streets of York Beach. They were also precluded from parking cars in most of the Ellis Park lot, which was buried under a layer …


I've always felt a special fascination for mosaics. From Roman tile compositions to current digital collages, I think they're an awesome artistic expression.
That's why I was so happy when I found Andreamosaic.
This tool enables you to create amazing mosaics from your digital pictures in a very easy way.
It requires having a large collection of photos to use as tiles, that's true. Fortunately the installation file already includes a pack of 500 sample photos that produce excellent results.
The program's interface is quite dull; in fact it's simply a gray window with too much text on it. But the mechanics are easy to understand so you'll be creating your own mosaics in no time!
Plus, the program includes a 20-page manual that explains everything thoroughly. Just remember that the more tiles you use, the longer it will take to generate the mosaic and the larger the final file will be.


How To Create A Photo Mosaic In Photos…