chinacat
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AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jul 3, 2019 4:44:37 GMT -8
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Post by sponge on Jul 3, 2019 7:48:53 GMT -8
aapl is underperforming the s&p this morning. Normally it should trade at about 2x the daily growth rate. So the question is how high will it go tomorrow to catch up. I see the top to this rally tomorrow in the morning with gradual drop into OE.
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Post by rmhe1999 on Jul 3, 2019 8:02:36 GMT -8
aapl is underperforming the s&p this morning. Normally it should trade at about 2x the daily growth rate. So the question is how high will it go tomorrow to catch up. I see the top to this rally tomorrow in the morning with gradual drop into OE. Sponge, the answer is zero. The markets are closed tomorrow in observance of Independence Day.
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4aapl
Moderator
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Post by 4aapl on Jul 3, 2019 9:41:56 GMT -8
aapl is underperforming the s&p this morning. Normally it should trade at about 2x the daily growth rate. So the question is how high will it go tomorrow to catch up. I see the top to this rally tomorrow in the morning with gradual drop into OE. Sponge, the answer is zero. The markets are closed tomorrow in observance of Independence Day. And I think the theory is incorrect too. Yahoo has the Beta at 1.03, so AAPL should perform similarly to the market, presumably the S&P500. Either way, it closed the day outperforming the S&P500 by a small amount.....and also the DOW and Nasdaq. All the 2nd homes here are filling up, even with a mid-week 4th. Enjoy the holiday everyone!
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Jul 3, 2019 10:06:03 GMT -8
Nice day to go into the holiday weekend. Have a great July 4th everyone!
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Deleted
Deleted Member
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Post by Deleted on Jul 3, 2019 11:09:33 GMT -8
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Post by sponge on Jul 3, 2019 12:13:30 GMT -8
aapl is underperforming the s&p this morning. Normally it should trade at about 2x the daily growth rate. So the question is how high will it go tomorrow to catch up. I see the top to this rally tomorrow in the morning with gradual drop into OE. Sponge, the answer is zero. The markets are closed tomorrow in observance of Independence Day. Misspoke about the day, meant Friday. We did catch up with the SPY at the end of day. YTD aapl is up 1.5x more then the SPY. When we have big news like earnings we out perform 2.5X SPY is at ATH and aapl is still around 204 instead of 240. The market clearly see aapl in a different light compared to last Sept. Nice move into the close today. Hope to get out of my calls with 100-200% at this rate. We will see how we open on Friday, but things bode well for the time being.
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Post by therealmercel on Jul 3, 2019 20:19:14 GMT -8
Sold a third of my holdings - market feels peakish.
Have had a great year and not inclined to stretch it.
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Post by longsince98 on Jul 4, 2019 4:41:30 GMT -8
Sold a third of my holdings - market feels peakish. Have had a great year and not inclined to stretch it. Hey Mercel, would you mind sharing why the market feels that way to you? Thanks
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Post by therealmercel on Jul 4, 2019 6:24:56 GMT -8
Major market indices at ATH. Predictions of rate cut in July helped take it there, so already baked in. YOY earnings growth is a question mark for the very reasons the Fed may trim interest rates. I’ll take earnings growth over rate cuts.
I’m still holding shares and options (LEAPS), with cash for dips. Will do my AAPL earnings WAG soon - thinking AAPL reports mid- guidance. Trump tariffs aren’t helping.
We’re closer to “greedy” than “fear” part of Buffet’s “sell” and “buy” decisions, respectively.
Jackie Gleason was famous for “to the moon, Alice!” I think we’re there with this stock market.
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Post by therealmercel on Jul 4, 2019 7:52:36 GMT -8
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