I found a slew of annoying things with Google's Android experience. They included everything from clearing notifications to the more buggy nature of the apps on the device.
So I've switched back. My wife and I both have iPhones again. And I bought a new personal MacBook Pro for my travels, too.
I couldn't resist going back to the "polished experience" with Apple's products. However, Apple's stock was a different story...
I also explained back in July that Apple received a "very bearish" rating from the Power Gauge. And it looked like the company was struggling to create a successful AI model.
But as I'll discuss today, things have been changing recently. And the Power Gauge has taken note...
The man who warned about the 2025 crash 13 days before it unfolded has a new warning: "The next few days could spark a financial disaster." But he's not predicting a recession... a dollar crisis... or anything of the kind. Instead, he has a much more peculiar warning and a radical new recommendation to review by December 3.
A seismic event that has played out only four times in history is likely unfolding again. And signs point to gold soaring past a shocking $27,000 an ounce... yet most Americans have no clue it is even happening. Today, a CEO of a publicly traded company and former Goldman Sachs vice president is pulling back the curtain on this strange story playing out in the upper echelons of world finance. And even if you've never owned an ounce of gold, this could impact everything from your investments to your mortgage. Get the time-sensitive details here.
Apple Can't Compete With Other Companies' AI... Yet
Again, Apple had been struggling to implement its own AI into its products...
And in early November, reports emerged that Apple was in the process of making a deal with Google. This would allow Apple to temporarily use Google's Gemini AI model to overhaul Apple's Siri voice assistant.
Apple introduced Siri into its iPhone back in 2011. And in today's AI environment, it's in dire need of a rework.
While it may seem like Apple is admitting defeat on its AI programs, that isn't the case.
Based on the reports about Apple's deal with Google, Apple sees Gemini as bridging its AI gap. The company plans to have its own AI model ready for consumer use next year.
Apple's commitment to that smooth, polished user experience would have it forking out around $1 billion annually to Google...
But this move is significant for more than just Apple. After all, the tech giant didn't randomly pick Google for this role...
Apple reportedly also tested Anthropic's Claude and OpenAI's ChatGPT before settling for Google's Gemini model.
Apple's confidence in Gemini shows that OpenAI may be struggling to keep up... and that OpenAI could soon lag behind other companies in the field it pioneered.
Meanwhile, amid this AI development for Apple, I'm interested in what could be ahead for the company's stock. And as I noted earlier, the Power Gauge's outlook on Apple has changed recently...
Apple's Stock Rebounds
Folks, Apple has struggled for a big stretch of 2025. You'll see what I mean when you look at its stock chart with some data from the Power Gauge...
As you can see, Apple spent almost the entire first half of 2025 in "bearish" territory in our system.
You see, Apple didn't fare well after the trade war with China earlier in the year. And its inability to create a competitive AI model weighed on the stock.
But a few months ago, the company started to shake off its weakness...
In early August, Apple's stock jumped about 10% shortly after a strong earnings report. And the "smart money" on Wall Street soon started flowing into Apple's stock again. You can see that surge in the first panel below the chart.
Then, in mid-September, Apple's relative strength versus the S&P 500 Index took off.
By the end of October, the tech giant finally earned a "bullish" rating in the Power Gauge.
After a tough first half of the year, Apple is now up about 14% in 2025. And it still gets a "bullish" rating in the Power Gauge.
Put simply, this is a big rebound for Apple.
Looking ahead, the company's ability to acknowledge its weakness might end up being a strength. And relying on Google's Gemini model while it gets its own model working could be a smart move.
We'll have to wait and see how it all pans out. But as it stands now, the Power Gauge sees more upside ahead for Apple's stock.
Good investing,
Vic Lederman
Market View
Major Indexes and Notable Sectors
# Hld: Bullish Neutral Bearish
Dow 30
+0.6%
10
13
7
S&P 500
+0.55%
118
248
133
Nasdaq
+0.81%
25
47
28
Small Caps
+0.59%
580
977
350
Bonds
-0.47%
Energy
+1.31%
7
10
5
— According to the Chaikin Power Bar, Small Cap stocks remain somewhat more Bullish than Large Cap stocks. Major indexes are mixed.
* * * *
Sector Tracker
Sector movement over the last 5 days
Consumer Discretionary
+4.86%
Information Technology
+4.77%
Materials
+3.53%
Financial
+3.21%
Communication
+3.12%
Utilities
+2.81%
Industrials
+2.71%
Health Care
+1.97%
Consumer Staples
+1.89%
Real Estate
+1.88%
Energy
+1.15%
* * * *
Industry Focus
Capital Markets Services
10
41
12
Over the past 6 months, the Capital Markets subsector (KCE) has underperformed the S&P 500 by -8.95%. Its Power Bar ratio, which measures future potential, is Weak, with more Bearish than Bullish stocks. It is currently ranked #16 of 21 subsectors and has moved up 3 slots over the past week.
Indicative Stocks
OWL
Blue Owl Capital Inc
CG
The Carlyle Group In
DBRG
DigitalBridge Group,
* * * *
Top Movers
Gainers
INTC
+10.19%
MRNA
+3.88%
WDC
+3.54%
EQT
+3.15%
SOLS
+3.14%
Losers
LLY
-2.61%
BBY
-2.1%
NVDA
-1.81%
ORCL
-1.47%
GILD
-1.31%
* * * *
Earnings Report
Earnings Surprises
No significant Earnings Surprises in the Russell 3000.
* * * *
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