chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Jul 27, 2017 6:09:54 GMT -8
After a solid run in green territory overnight AAPL nosedived into the red out of the gate, but seems to be bouncing back. If you have some time to waste this morning Apple’s next iOS will make AR a legitimately cool thing has a collection of ARkit demo videos that could keep you busy for a while. One of my favorites is the extension to maps to overlay graphical directions on camera images of the surroundings (obviously intended for walking, not driving). Cochlear unveils hearing implants that work directly with Apple's iPhone announces yet another health area being affected by mobile devices. The ability to augment/assist both physical and mental capabilities with a device smaller than a paperback is truly the science fiction story of the 21st century. Let's make money!
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Post by CdnPhoto on Jul 27, 2017 6:52:26 GMT -8
After a solid run in green territory overnight AAPL nosedived into the red out of the gate, but seems to be bouncing back. If you have some time to waste this morning Apple’s next iOS will make AR a legitimately cool thing has a collection of ARkit demo videos that could keep you busy for a while. One of my favorites is the extension to maps to overlay graphical directions on camera images of the surroundings (obviously intended for walking, not driving). Let's make money! This would be useful and cool with AR glasses.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Jul 27, 2017 8:48:38 GMT -8
Wow, I go out for a haircut and AAPL plunges. Sheesh, can't leave you guys alone for a minute. ;)
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Post by hledgard on Jul 27, 2017 8:51:26 GMT -8
Anyone know why?
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Post by joel90069 on Jul 27, 2017 8:58:02 GMT -8
Spike in volume around 12:30. Not sure why. Haven't seen any news.
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Post by rickag on Jul 27, 2017 9:06:05 GMT -8
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Post by rickag on Jul 27, 2017 9:32:33 GMT -8
This is just weird, no news that I can find.
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Post by incorrigible on Jul 27, 2017 9:34:39 GMT -8
My guess is leaked earnings numbers which are not good. We shall see.
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Post by joel90069 on Jul 27, 2017 9:36:25 GMT -8
AMZN, GOOGL, NFLX, TSLA also all hit around the same time.
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Post by incorrigible on Jul 27, 2017 10:30:54 GMT -8
AMZN, GOOGL, NFLX, TSLA also all hit around the same time. True. May signal sector rotation into energy names like CVX and XOM that report tomorrow morning. Could be an encouraging sign for holders of energy stocks. Then again, could be algos having a hissy fit.
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Jul 27, 2017 10:49:17 GMT -8
Bloomberg has this: "Weakness occurred as traders circulated a note by JPMorgan quant strategist Marko Kolanovic that cautioned investors on the risks of record-low volatility in the equity market." Odd that it affected Apple. VXAPL is around 27 after being in the teens for a while. This close to earnings, it should be up, but the numbers don't fit his scenario. I always operate on the belief that the big boys have about a three day head start on important info. Maybe we will find out what happened on Monday. Or maybe not.
I have been saying for months that I think many current "investors" put money down in the belief that the administration would create pro-business changes that would increase short term profits. The inability to repeal healthcare and the increasing possibility of impeachment may be causing those investors to take money off the table. I am just making all this up so if I am right, remember that even a blind pig finds an acorn sometimes.
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Post by macster on Jul 27, 2017 12:40:37 GMT -8
the increasing possibility of impeachment may be causing those investors to take money off the table. I am just making all this up so if I am right, remember that even a blind pig finds an acorn sometimes. If you listen, read and watch MSM you will think exactly that, so you are not making it up.
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Post by rob_london on Jul 27, 2017 13:34:00 GMT -8
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Jul 27, 2017 15:03:55 GMT -8
the increasing possibility of impeachment may be causing those investors to take money off the table. I am just making all this up so if I am right, remember that even a blind pig finds an acorn sometimes. If you listen, read and watch MSM you will think exactly that, so you are not making it up. What is MSM?
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crispin
Member
KBJ for the win. AAPL long and strong since 2000
Posts: 311
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Post by crispin on Jul 27, 2017 17:18:38 GMT -8
If you listen, read and watch MSM you will think exactly that, so you are not making it up. What is MSM? If you have to ask, you're definitely in on the conspiracy!
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Jul 27, 2017 18:07:29 GMT -8
Excellent articles, especially Cybart's. Thanks for posting.
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Post by sponge on Jul 27, 2017 18:12:00 GMT -8
I had dinner with an economist last night. He subscribes to the theory that I am starting to believe in. WS is moving the market up despite concerns about Trump because they know things will remain the same regardless if he succeeds or not. They are not worried about not getting the tax reform right now. Most companies are making big profits regardless.
This does not prevent nice 9% to 4% corrections for profit taking in the mean time. I still expect a nice crash in the fall. Another 5- 7% correction from a base of 145 is not out of the question. We would still be up for the year.
If we do get tax reform and repatriation then I would expect the market to take off again. But don't see that until late spring if at all.
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Post by rickag on Jul 28, 2017 3:52:23 GMT -8
If you listen, read and watch MSM you will think exactly that, so you are not making it up. What is MSM? Main stream media
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