Apple

[MrJohnRoss]

[h=1]Apple Flash Crash: Stock Halted After Single Trade Causes 9% Plunge[/h] <== LINK

 

[Frixxxx]

Another blow to AAPL:

US says Apple, publishers conspired to fix prices

Story

Can the stock stay up with this type of scrutiny?

 

[Minnow]

Apple earnings report Tuesday April 24th at 5:00pm (ET). It makes up over 30% of the S&P -- roughly, so I would say this is a fairly important earnings call.

 

[Minnow]

Not investment advice... but this isn't looking good for Apple. There's some gaps from mid-march... then there's that gap between roughly 425 - 450 from January. Maybe their earnings will surprise. Hard to bet against Apple but...

well, here's my view on the timeframe I prefer (your mileage may vary, of course):

 

[Steel_Magnolia]

FWIW, I bailed on my AAPL stocks last Thursday.





And today I'm glad I did. Will I buy back in? I don't know yet. If I do it's going to be a while. No set up in sight right now. Again, my opinion only.

 

[Minnow]

Didn't have any apple myself (nice sell point in my opinion -- good on ya)... but I did throw about half in the F fund today... now where did you stash those sugar cookies?

 

[tsptalk]

FWIW, I bailed on my AAPL stocks last Thursday.

View attachment 18572

View attachment 18571

And today I'm glad I did. Will I buy back in? I don't know yet. If I do it's going to be a while. No set up in sight right now. Again, my opinion only.

Great job!

$550 looks like a good spot to re-enter - if it can get there. I'm not sure we'd be lucky enough to see the gap near $425 get filled.

I like to roll the dice on Apple before earnings when the stock hasn't run up into the report. This looks like one of those times. I will re-evaluate next Tuesday right before they release.

 

[Minnow]

Great job!

$550 looks like a good spot to re-enter - if it can get there. I'm not sure we'd be lucky enough to see the gap near $425 get filled.

I like to roll the dice on Apple before earnings when the stock hasn't run up into the report. This looks like one of those times. I will re-evaluate next Tuesday right before they release.

Yup... bet the big money is taking its lumps right now and slowly buying on the way down in anticipation of that report. Usually that put/call ratio would be a tell but I don't think they're gonna give us a detailed forecast right now. Good luck either way.

 

[Mapper]

Yup... bet the big money is taking its lumps right now and slowly buying on the way down in anticipation of that report. Usually that put/call ratio would be a tell but I don't think they're gonna give us a detailed forecast right now. Good luck either way.

Looks like a few people saw a price they liked. Hope it continues. There's some room to grow and time before earnings

 

[tsptalk]

OK, I just took the plunge at $561 this morning.

Yesterday's reversal day looked promising, but today's sell-off is concerning. At least I got in at a little lower, but I'm not crazy about the action this morning. Buy fear, sell euphoria, right?

 

[Minnow]

Good luck Tom -- hope you end up in the green. Now, to add to that sick feeling you got... a chart:



Hope it works out for you -- just remember, it isn't a trade if your stomach isn't churning.

 

[tsptalk]

Thanks, I think. $550 was my initial target to start buying, but $561 is just a rounding error.

The problem is, the next buying area is probably $425. A poor report and that could be a reality.

 

[Mapper]

OK, I just took the plunge at $561 this morning.

Yesterday's reversal day looked promising, but today's sell-off is concerning. At least I got in at a little lower, but I'm not crazy about the action this morning. Buy fear, sell euphoria, right?

Just curious. Are you looking at this as an entry point for a long-term holding or hoping to play a potential gap up? I reckon the latter but am still curious.

 

[Steel_Magnolia]

Good luck, Tom! I thought I would look at it again if it got to about $545.... I do think this is just a correction but it's a scary stock. Right now none of my favorites seem appealing. I don't have any AAPL, PCLN, MNST, CMG. Probably going to wish I did have at least one of them one of these days, but that seems like the nature of the beast.

 

[tsptalk]

Just curious. Are you looking at this as an entry point for a long-term holding or hoping to play a potential gap up? I reckon the latter but am still curious.

Apple is not a bad one to hold - it has a very low P/E and now pays a dividend, but like almost all of my stock play, it will be a short term trade.

 

[tsptalk]

Good luck, Tom! I thought I would look at it again if it got to about $545.... I do think this is just a correction but it's a scary stock. Right now none of my favorites seem appealing. I don't have any AAPL, PCLN, MNST, CMG. Probably going to wish I did have at least one of them one of these days, but that seems like the nature of the beast.

It's certainly a momentum stock so the low valuation won't matter in the short-term. Right now it's just a matter of will their earnings be another blow-out, like they usually are, and will their guidance be enough to satify investors? Being oversold going into the report helps, but it's a gamble.

 

[tsptalk]

Just curious. Are you looking at this as an entry point for a long-term holding or hoping to play a potential gap up? I reckon the latter but am still curious.

By the way, one stock I have held for a few months and plan to keep some for the foreseeable future is, FIO. But it's my only long-term holding.

That's Steve Wozniak's new company (the guy who helped start Apple with Jobs.)

 

[tsptalk]

Estimates: EPS: 10.04 / Revenue: 36.8 billion

Actual: EPS: 12.30 / Revenue: 39.2 billion

 

[KevinD]

Apple shares climb after hours following results - After Hours - MarketWatch

 

[clester]

Apple shares climb after hours following results - After Hours - MarketWatch

The indices will rocket up tomorrow!