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TommyIV said:
Not worried you're buying into a tech bubble?
Click to expand...

It wouldn't be my first choice for a laptop for my kids - there are plenty of refurbished ones to choose from on the market that are more than capable. .

Don't be surprised if this 'home schooling' craze gives computer stocks another bid as parents have to buy their kids hardware for home use. You can't type an essay on a tablet or phone and one family laptop won't cut it when mom, dad or another sibling needs to use the thing.
 
NYAD tells individual stock participation, not weighting. The top 500 weighted companies matter more to the NYSE than the other 2,000 or so.

Example: Dow % weighting below. AAPL is almost 4x heavier than WMT.

No.% Weight
in the
Index
111.1311.13
27.8819.00
36.7825.78
45.1730.95
55.1436.09
65.0441.13
74.8645.98
84.4350.41
93.9854.40
103.6558.05

[TH="class: left"] Stock[/TH]

[TH="width: 60"]Cum %[/TH]

[TD="class: left"] Apple[/TD]

[TD="class: left"] UnitedHealth Group[/TD]

[TD="class: left"] Home Depot[/TD]

[TD="class: left"] Goldman Sachs[/TD]

[TD="class: left"] Microsoft[/TD]

[TD="class: left"] McDonalds[/TD]

[TD="class: left"] Visa A[/TD]

[TD="class: left"] Boeing[/TD]

[TD="class: left"] 3M[/TD]

[TD="class: left"] Johnson & Johnson[/TD]

Dow Jones Industrial Average (SM) Component Weights - indexArb.com

RE: Children's laptop; not quite sure what that is, but ever try writing an essay or research paper on a cell phone/tablet? How about computer aided drafting? Don't be surprised when the laptop/computer market demand goes up due to demand from people learning or working from home. Some are crazy about name brands, I'm not. Those who must have that AAPL ecosystem at home are more likely to keep buying AAPL products.
 
Bullitt said:
AAPL makes niche products - it makes no sense.
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Actually it does. It makes multiple niches for it's niche market products.

1. It makes iPhones. And a large portion of current iPhone owners are about due for an upgrade. I know I've had my iphone 6 SE for a while. But the 5G version of iphone comes out in the fall. BIG expectations. And current iPhone sales were better than forcasted- so, hey, it's making money.

2. Iwatches and wearables are selling better than expected.

3. Ipads and small speciaisty computers are selling- better than expected.

4. Apple is now making significant money (in the billions) on services- the month to month subscription products like music services. THAT is doing much better than forecast and growing at a brisk pace, even though the company has been around for a while.

more:
https://www.fool.com/investing/2020/08/06/3-robinhood-stocks-retirees-can-buy-with-confidenc.aspx

Whenever you have multiple streams of money coming in, ALL of them growing nicely, better than expected, then you can pretty much bank on better share prices ahead.
 
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James48843 said:
BIG expectations. And current iPhone sales were better than forcasted- so, hey, it's making money.

Whenever you have multiple streams of money coming in, ALL of them growing nicely, better than expected, then you can pretty much bank on better share prices ahead.
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The bull case is always easy to see when you're a shareholder, but in the end, we're all Apple shareholders.

Unfortunately those data points are already baked in. 5 year average PE: 16.94 / Current PE: 34.19. What happens if those numbers don't satisfy the street?
 
Robinhood website crashed during the drop this week.

Enticed by stock splits at Apple Inc. and Tesla Inc., demand from amateur equity enthusiasts was again thrust into plain view -- when their orders crashed discount-brokerage websites all over Wall Street. The wailing crush of buying added $200 billion to the market value of the two tech giants, extending mammoth runs.

Now those gains are history, in one of the bigger spasms of the post-crisis recovery trade. A few days of gut-wrenching declines in Apple and Tesla were the harrowing welcome for anyone who bought in the split-induced frenzy -- a reminder that stocks don’t always go up, to correct a favorite saying.
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https://www.bloomberg.com/news/arti...as-a-long-time-coming-for-day-trader-faithful
 
NFLX hasn’t made a new high since July. MSFT and AMZN haven’t since September.

Markets have still gone up since then.
 
MSFT, FB, GOOGL all looking strong here and ready to break higher.

AAPL, AMZN, NFLX bouncing for another run at highs.

With industrials and oil leading the past few months, I'd see this as massively bullish if FAANG stocks make new highs after a six month consolidation.
 
Bullitt said:
MSFT, FB, GOOGL all looking strong here and ready to break higher.

AAPL, AMZN, NFLX bouncing for another run at highs.

With industrials and oil leading the past few months, I'd see this as massively bullish if FAANG stocks make new highs after a six month consolidation.
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I've kept a close eye on FB recently. Breakout above its wedge, should project well for a long 2021 hold. I will enter if it busts above its ATH over that 305 range.
 
FANG-M?

Microsoft big Windows 11 release coming soon. In 2015 when they dropped Windows 10 after the disastrous Windows 8 experience, I wasn't alone in thinking the company was dead money with it's best days behind in Windows 7 & XP. Was I wrong or what? It's done nothing but go up since 2015. You could have chosen any month since then to buy and you'd be sitting on a rather large profit today.

https://www.cnet.com/news/microsoft-windows-11-launch-how-to-watch-live-here-on-june-24/
 
I refer to FAMTAG now. FB, AAPL, MSFT, TSLA, AMZN, GOOG.

I leave Netflix out. Love the service and shows they are pumping out, but they are not in the same boat as the others in my opinion.
 
AMZN is the one everyone is talking about - probably too much to be useful. A breakout would likely set up a big move higher. Similar to early 2020, but that first breakout back then was set back by the COVID crash, so obviously there's no guarantees. That one hurt, but what didn't get hurt back then?

It looks primed for that breakout here but nothing says it can't come back down to test the bottom of the channel again first.

062421a.gif
 
while tsla on the daily seems stretched and at the top of the flag/pennant... the weekly chart is about to explode north with a PSAR pop coming.tsla wk.jpg
 
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