While essentially doubling it’s stock price over a 2 month span is pretty impressive, I still do not buy all the hype coming out of the company…

Yes, the company got more subscribers than was projected, but projections were low and they are still lower than where they were back in the summer.

Netflix straight came out and said that Amazon (AMZN) would have a negative impact on their company.

Finally, we cannot forget the most important part… Netflix seems to be losing more streaming licenses than actually gaining.

All in all, what was once a strong monopoly is now part of a sector that is rapidly get more competition and more advanced. I have to say sell!

From a technical standpoint. The next couple of trading days will be key in determining the overall trend of these stocks.

Another piece of news to watch is when both these companies release their earnings in the next couple of weeks. With a very strong holiday  shopping season, both companies should perform well.

Well looking at the stock chart of Bank of America, I certainly like it to go higher. Volume is strong and we have a nice pullback play in the works. I think we should be getting at least one more strong boost out of this current trend higher before its over.

Keep the $7 mark as an area of support.

4 stocks to buy in 2012 – Haliburton (HAL), Alcoa (AA), Caterpillar (CAT), Ford (F).

2012 stock outlook – JP Morgan (JPM), VMware (VMW), Schlumberger (SLB), Dunkin Brand Groups (DNKN).

I have been intrigued by this stock since it IPO’d last year. Mostly because I love doughnuts and I feel Dunkin’ Doughnuts is a strong enough brand with great growth potential to blossom into a Mcdonalds (MCD) type stock.

See my 4 stocks to buy in 2012.

If there is one set back for this stock it is Baskin Robbins – the dying ice cream chain, but the expansion of Dunkin’ Doughnut stores should limit any negative impacts.

This stock won’t be a fast mover; however, if you hold on this company the risk is manageable and the growth potential is there.

I have had Schlumberger as part of my stocks to buy for the year for the last 3 years, and it somewhat pained me to go another way; however, I still believe both companies have a lot to gain in this coming year by the need for their oil services. It also helps that they are both a best of breed in this sector.

Most of the reasons I like Schlumberger are the same for why I like Haliburton, so I won’t go on and repeat that blurb.

From a technical aspect, my price target for Schlumberger is $95.

First up is VMWare (VMW). For those that have followed this blog for a while, I’m sure you remember my love-fest with EMC Corporation (EMC) a couple years ago. Well it seems like the virtualization play has been taking a while to develop, and 2012 may be the best year thus far.

Since the IPO, VMware has ranged from $30 to $110, with much of the growth done within the first year. As the economy took a tumble, the momentum of virtualization got stalled. Now that companies have survived the financial mess, now it is about rebuilding and innovating – companies will look towards the services offered by VMware and similar companies.

The bright spot for VMWare right now is that both EMC and Cisco (CSCO) are growing in the sector and they both have direct ties to VMware, which gives it instant credibility and a strong consumer base.

A negative side though is that the competition is starting to rise. A theory I have long held is that the first to the sector never lasts the longest. Ultimately new competitors will drive it out; however, that is generally a couple years out.

For now, 2012 looks to be a good year for VMware.

From a technical aspect, VMware is currently trading within a range. Good spots are obviously on the beaks and bounce off key areas.

What do you think about VMware? Leave a comment below.

If you take a look back at the news surrounding the company during 2011, you will notice there was not much bad press or statements at all; rather, JP Morgan was a victim of a slumping sector. While there is obviously nothing we can do about this, the point remains that when there is even a shimmer of hope the strong companies in a sector (i.e. JP Morgan) will rise higher and faster than others.

In the last quarter of 2011, many analyst reaffirmed their target for this stock to be in the high 40′s/low 50′s; however, just like most sectors the global financial trouble continues to be a pain.

The real question is not how good or bad JP Morgan will do, but when will it finally rise back to it’s real price?

See my 4 stocks to buy in 2012.

What are your financial goals for 2012? Check out my stocks to buy in 2012.

Financial Resolutions

1. Buy less clothes
2. Stop eating out as much
3. Find better investment uses for non-invested cash
4. Increase my passive income
5. Weed out unnecessary recurring spending
6. STOP IMPULSE SHOPPING

Stock Trading Resolutions

1. Take profits earlier
2. Broaden knowledge of sectors not currently familiar with
3. Gain more experience with option trading
4. Become more organized in tracking crucial news/announcements on stocks currently holding/tracking

With so many apps it can be hard to determine which ones are download worthy and which ones aren’t, so I have done the dirty work for you. Below is a list of the best finance apps for the iPhone.

1. Mint

Mint is a free service that allows users to see a snapshot of all their financial accounts in one place as well as setup and track custom budgets and goals. Mint has apps for both the iPad and iPhone, so users can track their account from anywhere.

2. Chase Mobile (SM)

While this app is only useful to those Chase customers, what makes it stand out from the other bank apps is that it allows users to deposit money directly from the phone. A feature many banks are looking to implement, but have not yet.

3. Investopedia

Before powering up some phone game, consider opting for another app that allows you to brush up on your financial knowledge. The more you know about finance and what terms mean, the easier it becomes to manage your money.

4. Barcode Scanner Shopping

How many times have you pondered making a purchase because you were afraid some other store would carry that same product for a cheaper price? Well Barcode Scanner Shopping app removes that worry for you. Simply scan the barcode of the product and a list of vendors and their prices will be displayed to you.

5. PayMeBack

Whether you owe money to somebody or somebody owes you money, keep track of it using PayMeBack.

What is your favorite finance app for the iPhone?

Also check out 10 stock trading apps for the iPhone and best stock trading apps for the iPad.