Zacks' Voice of the People highlights opportunities with Apple, PowerShares QQQ Trust, Series 1 (ETF), JPMorgan Chase and Amazon.com - Press Releases

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For Immediate Release

Chicago, IL - 02/16/2012 - Zacks highlights commentary from People and Picks Trader " inthemoneystocks " .

For more Voice of the People, visit http://at.zacks.com/?id=5851

Featured Post

Stock Market Drunk Off Apple Schnapps

The S&P 500 and NASDAQ continue to push higher, even with weakness in many leading stocks. This push higher is a result of the market being drunk, euphoric over the continued major pop in Apple Inc. ( AAPL ). The leading technology stock is trading at $524.42, +14.96 (2.94%) and makes up a huge percentage of the PowerShares QQQ Trust, Series 1 ( ETF ) ( QQQ ). Its weighting inside the NASDAQ 100 means it can carry the index higher itself.  To put it in even more of a crazy perspective, the last day of 2011, AAPL closed at $405.00. The high of the day today is $525.32. That is a whopping 2012 gain of 29.71%.

While Apple continues to rip higher and keeps the markets higher, it is even more insane to look at other leading stocks fall. For instance, JPMorgan Chase & Co. ( JPM ) is trading at $37.91, -0.01 (-0.03%), Exxon Mobil Corporation ( XOM ) is trading at $84.29, -0.38 (-0.45%). Even technology big boy Amazon.com, Inc. ( AMZN ) is trading at $191.00, -0.30 (-0.16%).

The fact that the other leading stocks in the market are flat to lower truly shows the power of Apple Inc. While extremely extended, the push continues. According to what Wall Street is seeing, when Apple pulls back, the whole market will pull back.

About the Zacks Community

In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958 .

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Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Brent Billock
People & Picks Manager
Company: Zacks.com
Phone: 312-265-9307
Email: pandp@zacks.com
Visit: www.Zacks.com


 
APPLE INC ( AAPL ): Free Stock Analysis Report
 
AMAZON.COM INC ( AMZN ): Free Stock Analysis Report
 
JPMORGAN CHASE ( JPM ): Free Stock Analysis Report
 
EXXON MOBIL CRP ( XOM ): Free Stock Analysis Report
 
To read this article on Zacks.com click here.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Stocks

Referenced Stocks: AAPL , AMZN , ETF , JPM , XOM

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