Apple

Last I checked, Apple was down $32 (or 6%) in after hours trading after earnings were reported.

I usually like to buy Apple pre-earnings announcement when they have been going down into the report, but clearly for months there has been a change in character in this stock. I may do some bottom fishing tomorrow, but I didn't gamble before earnings this time. shew!

Unless they have something exceptional to say in the earnings call, it looks like the Nasdaq will remain the lagger.
 
Last I checked, Apple was down $32 (or 6%) in after hours trading after earnings were reported.

I usually like to buy Apple pre-earnings announcement when they have been going down into the report, but clearly for months there has been a change in character in this stock. I may do some bottom fishing tomorrow, but I didn't gamble before earnings this time. shew!

Unless they have something exceptional to say in the earnings call, it looks like the Nasdaq will remain the lagger.

AAPL should also drag the S&P500 down tomorrow if it stays at this level, which will reflect directly on the C fund. AAPL is currently trading after-hours down 9%, ouch.

Edit: and dropping...
 
AAPL should also drag the S&P500 down tomorrow if it stays at this level, which will reflect directly on the C fund. AAPL is currently trading after-hours down 9%, ouch.

Edit: and dropping...

It's temporary...

POMO schedule:
[TABLE="class: greyborder, width: 100%, align: center"]
[TR="bgcolor: #EAEAEA"]
[TD="class: dirColL"]January 24, 2013
[/TD]
[TD="class: dirCol"]January 25, 2013
[/TD]
[TD="class: dirCol"]Outright Treasury Coupon Purchases
[/TD]
[TD="class: dirCol"]02/15/2020 – 11/15/2022
[/TD]
[TD="class: dirColR"]$2.75 - $3.50 billion
[/TD]
[/TR]
[TR]
[TD="class: dirColL"]January 25, 2013
[/TD]
[TD="class: dirCol"]January 28, 2013
[/TD]
[TD="class: dirCol"]Outright Treasury Coupon Purchases
[/TD]
[TD="class: dirCol"]10/31/2018 – 12/31/2019
[/TD]
[TD="class: dirColR"]$3.00 - $3.75 billion
[/TD]
[/TR]
[TR="bgcolor: #EAEAEA"]
[TD="class: dirColL"]January 28, 2013
[/TD]
[TD="class: dirCol"]January 29, 2013
[/TD]
[TD="class: dirCol"]Outright Treasury Coupon Purchases
[/TD]
[TD="class: dirCol"]02/15/2036 – 11/15/2042
[/TD]
[TD="class: dirColR"]$1.25 - $1.75 billion
[/TD]
[/TR]
[TR]
[TD="class: dirColL"]January 29, 2013
[/TD]
[TD="class: dirCol"]January 30, 2013
[/TD]
[TD="class: dirCol"]Outright Treasury Coupon Purchases
[/TD]
[TD="class: dirCol"]02/15/2020 – 11/15/2022
[/TD]
[TD="class: dirColR"]$2.75 - $3.50 billion
[/TD]
[/TR]
[TR="bgcolor: #EAEAEA"]
[TD="class: dirColL"]January 31, 2013
[/TD]
[TD="class: dirCol"]February 1, 2013
[/TD]
[TD="class: dirCol"]Outright Treasury Coupon Purchases
[/TD]
[TD="class: dirCol"]02/15/2036 – 11/15/2042
[/TD]
[TD="class: dirColR"]$1.25 - $1.75 billion
[/TD]
[/TR]
[/TABLE]

That is over 14 billion into the market until the end of the month...
 
missed earnings report 3x in a row? somebody's getting fired
Tim Cook is not Steve Jobs. Plus everyone already has iphones now. Its not as cool. But its still a great product. aople is just anither tech company now.
 
Tim Cook is not Steve Jobs. Plus everyone already has iphones now. Its not as cool. But its still a great product. aople is just anither tech company now.

true, i wondered how apple would fare after jobs passed away, i guess that question was answered. and to add to the equation, android phones have been gaining on apple in popularity and may have even passed em.
 
I wish people would stop putting so much emphasis on steve job, lets be real here...Iphone, Ipad, Ipod NONE of those product are "evolution" anymore. Its the same User interface since it came out, they repeatedly ripped people off with minor changes to phone and create dumb names for existing application/software and call it "never seen before" ...i.e iclouds...also known as dropbox.
 
Taking a bite of the apple.... Err AAPL

Decided to place a buy when apple hit $460.

Maybe I should have waited. If this stock drops to $420 or lower ill be buying 2-3 times as much.
 
Wow! AAPL now down over $50 (or 10%)! Ready for some bottom fishing, anyone?
Yes. Me too. Terrible chart but I see some possible long-term support. I had to nibble and bought at 453 a little while ago. If it keeps going lower, this could turn into.... an investment. :eek: Noooo! :)
 
Re: Taking a bite of the apple.... Err AAPL

Decided to place a buy when apple hit $460.

Maybe I should have waited. If this stock drops to $420 or lower ill be buying 2-3 times as much.

good luck man, i personally wouldn't touch that one, too risky to pick the bottom especially when apple investors' emotions are still running high.
 
Re: Taking a bite of the apple.... Err AAPL

good luck man, i personally wouldn't touch that one, too risky to pick the bottom especially when apple investors' emotions are still running high.
Emotions are running way high. Once investors realize this, they will get back in. It's a gamble but $60 down in one day at this price got me to jump a little. Just a little.
 
I wish people would stop putting so much emphasis on steve job, lets be real here...Iphone, Ipad, Ipod NONE of those product are "evolution" anymore. Its the same User interface since it came out, they repeatedly ripped people off with minor changes to phone and create dumb names for existing application/software and call it "never seen before" ...i.e iclouds...also known as dropbox.
Jobs was the push for innovation and revolutionary ideas. He had the ideas. So, yes they need something new that we will all want. Everyone has iPhones now. So...it's not an exclusive club anymore.

They are turning into Microsoft. Still making a lot of money but boring.
 
Now that I am in @ 453 and the support line I was watching broke, I'm looking for a reason for Apple to stop free falling other than the fact that it is trading at 10 X forward earnings.

A large open gap would be filled if it hits 420 something. This "could" act as support. Also, there's a large open gap at 514 that will eventually get filled.

aapl8.gif
 
Not even considering it until it fills that gap, but even then it will be for a quick bounce...

There is a lot of support at 350-360, but I am not sure whether it will get all the way down there since there seems to be some support at the 410-420 area too.

If it starts looking weak after a bounce to your price, put a stop and consider it might drop more.

But don't pay attention to me, I don't know what I am talking about.
 
I've got to figure out where I want my next purchase so thanks for any charts. I don't think I'll wait for $350. But maybe put an order in for 430
 
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