Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 1, 2015 2:28:07 GMT -8
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Post by rickag on Sept 1, 2015 3:59:20 GMT -8
Just ridiculous. I doubt another crash to $91, but with this market who knows.
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Post by firestorm on Sept 1, 2015 4:31:40 GMT -8
According to www.macrumors.com, Apple is considering producing its own TV shows, just as Amazon is doing. This may be considered important as a draw to the new Apple TV plan, which according to reports will consist of about 25 channels at $40 per month. I've only watched one of Amazon's original TV shows, but it was really a good pilot based upon a Phillip K. Dick novel about the USA after Germany and Japan won WWII.
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Post by rickag on Sept 1, 2015 5:09:53 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 1, 2015 5:18:23 GMT -8
Where did Ian Rogers go? The NYT reports... LVMH.
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Post by phoebear611 on Sept 1, 2015 5:43:38 GMT -8
These are algos and ETFs - this whole market is such a mess. Such over-reaction over China. As much as they are a large economy these moves are just insane (I'm talking in multiple stocks not just AAPL). It's just stupid and by the end of the week I wonder if we will be flat again. All this volatility is here to stay in the near term unfortunately...."Wake me up when September ends...."
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Post by phoebear611 on Sept 1, 2015 5:44:18 GMT -8
Where did Ian Rogers go? The NYT reports... LVMH. Would have been ironic if he had gone to Burberry
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Post by artman1033 on Sept 1, 2015 6:03:20 GMT -8
Where did Ian Rogers go? The NYT reports... LVMH. from the article: Mr. Rogers, 43, was in charge of the radio portion of Apple’s new streaming service, Apple Music, which includes its online radio station, Beats 1. His departure was a surprise partly because the Apple position seemed to represent the high point of a career in the trenches of music technology.
IMHO: the WRONG guy left...
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Post by rob_london on Sept 1, 2015 6:45:51 GMT -8
Jason Zweig tweeted a quotation from 'The Art of Investing", published in 1888 :
"The market values of our leading securities (are) determined by...a howling mob of incurable lunatics".
Nothing ever changes.
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Post by phoebear611 on Sept 1, 2015 7:09:17 GMT -8
Jason Zweig tweeted a quotation from 'The Art of Investing", published in 1888 : "The market values of our leading securities (are) determined by...a howling mob of incurable lunatics". Nothing ever changes. And my old favorite Billy Joel wrote the perfect lyrics: You may be right I may be crazy But it just may be a lunatic you're looking for Turn out the light Don't try to save me You may be wrong for all I know But you may be right
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Post by nagrani on Sept 1, 2015 7:38:40 GMT -8
Maybe it's just me and it most definitely is like just that - but I think apple wants to explode upwards
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Post by archibaldtuttle on Sept 1, 2015 8:14:38 GMT -8
Maybe it's just me and it most definitely is like just that - but I think apple wants to explode upwards Would be nice. But we are trapped below all the moving averages -- rejected at the 20DMA at 113 three days in a row -- which means downtrend continues until it doesn't. Fundamentals point to higher but it doesn't seem like the market wants to cooperate with that right now.
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Post by ericinaustin on Sept 1, 2015 11:33:03 GMT -8
Maybe it's just me and it most definitely is like just that - but I think apple wants to explode upwards Would be nice. But we are trapped below all the moving averages -- rejected at the 20DMA at 113 three days in a row -- which means downtrend continues until it doesn't. Fundamentals point to higher but it doesn't seem like the market wants to cooperate with that right now. Fundamentals will win out but just have very little predictive value in timeframes less than a quarter. The U.S. Economy is the great driver of the world and the economic fundamentals are very strong and the market is cheap now. Psychology works for awhile but in the long ( 3 to 6 months) run strong economic conditions will win. AAPL is a value investors dream right now.
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Post by ericinaustin on Sept 1, 2015 11:40:05 GMT -8
By the way , was in best buy Sunday here in north Austin and they have revamped the apple section. Twice the size and traffic was heavy. The new area for Apple products was twice as nice than the area before it. Should translate into much more sales and the iPhone isn't even sold in that section. The whole store had the look of a growing retail brand not a dead man walking place. I can see why the buzz on the company is improving I'll try to take some pics this weekend and post here.
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Post by ericinaustin on Sept 1, 2015 11:43:22 GMT -8
Ps. Amazon has put up billboards in Austin advertising prime plus with 2 hour delivery. Think I will order a pack of toilet paper and a plunger just to make them earn my money.
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Post by gtrplyr on Sept 1, 2015 11:49:44 GMT -8
In case you missed this ... China's PMI came in at the "EXPECTED" number .... no surprises.
This market is totally insane ... I don't know how people with a short term perspective can handle this .... I guess if you are on the right side of this you've made a absolute killing the last few weeks. At the same time, I can see after this period many investors saying they have had enough ... it's not a investment anymore it's like entering a high stakes poker game and you don't know the rules. Freaking shame what they have done with all of this option bullshit.
I say again: Apple ... tell the market to take a hike .. delist the stock and offer "PRIVATE" shares that do NOT trade on a open market. NO options , calls , puts, shorting of any kind allowed ... buy, sell or hold take your pick..
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Sept 1, 2015 11:51:57 GMT -8
This 4.5 drop must be "investors" anticipating the September 9 "sell the news" drop. Either that or they are really getting ahead of the sell off after the next earnings blowout.
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Post by sponge on Sept 1, 2015 11:57:03 GMT -8
This 4.5 drop must be "investors" anticipating the September 9 "sell the news" drop. Either that or they are really getting ahead of the sell off after the next earnings blowout. My thoughts as well. After all this selling what will be left to sell after the iPhone 6S event. I guess we could go to 115 by then and the back at 107. I am more interested to see how we react to 1st weekend sales numbers. If we get the 13 million I expect, then aapl on its own can start the Santa Rally two months early.
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Post by archibaldtuttle on Sept 1, 2015 12:01:32 GMT -8
This 4.5 drop must be "investors" anticipating the September 9 "sell the news" drop. Either that or they are really getting ahead of the sell off after the next earnings blowout. My thoughts as well. After all this selling what will be left to sell after the iPhone 6S event. I guess we could go to 115 by then and the back at 107. I am more interested to see how we react to 1st weekend sales numbers. If we get the 13 million I expect, then aapl on its own can start the Santa Rally two months early. If the launch weekend blows out, wait for the "they pulled up Dec quarter sales into the launch quarter" FUD and of course therefore "Dec quarter sales will disappoint."
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Post by macster on Sept 1, 2015 12:08:40 GMT -8
In case you missed this ... China's PMI came in at the "EXPECTED" number .... no surprises. This market is totally insane ... I don't know how people with a short term perspective can handle this .... I guess if you are on the right side of this you've made a absolute killing the last few weeks. At the same time, I can see after this period many investors saying they have had enough ... it's not a investment anymore it's like entering a high stakes poker game and you don't know the rules. Freaking shame what they have done with all of this option bullshit. I say again: Apple ... tell the market to take a hike .. delist the stock and offer "PRIVATE" shares that do NOT trade on a open market. NO options , calls , puts, shorting of any kind allowed ... buy, sell or hold take your pick.. The media is partly responsible. The headlines tell of deception, for example the majority write: China manufacturing PMI falls to 49.7 in August
as opposed to and rarely noted China August official PMI falls to 49.7, in line with expectations.
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Post by gtrplyr on Sept 1, 2015 12:17:15 GMT -8
In case you missed this ... China's PMI came in at the "EXPECTED" number .... no surprises. This market is totally insane ... I don't know how people with a short term perspective can handle this .... I guess if you are on the right side of this you've made a absolute killing the last few weeks. At the same time, I can see after this period many investors saying they have had enough ... it's not a investment anymore it's like entering a high stakes poker game and you don't know the rules. Freaking shame what they have done with all of this option bullshit. I say again: Apple ... tell the market to take a hike .. delist the stock and offer "PRIVATE" shares that do NOT trade on a open market. NO options , calls , puts, shorting of any kind allowed ... buy, sell or hold take your pick.. The media is partly responsible. The headlines tell of deception, for example the majority write: China manufacturing PMI falls to 49.7 in August
as opposed to and rarely noted China August official PMI falls to 49.7, in line with expectations.
Agreed but you would think that people would do their due diligence and at least read the entire story .... it's like yelling fire in a crowded theater I guess no one is waiting to smell smoke. Frustrating but as a long term investor I'm sure we will see the other side .... Here's to Sept 9th !!!
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Post by Luckychoices on Sept 1, 2015 12:50:33 GMT -8
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Post by macster on Sept 1, 2015 12:53:54 GMT -8
The media is partly responsible. The headlines tell of deception, for example the majority write: China manufacturing PMI falls to 49.7 in August
as opposed to and rarely noted China August official PMI falls to 49.7, in line with expectations.
Agreed but you would think that people would do their due diligence and at least read the entire story .... it's like yelling fire in a crowded theater I guess no one is waiting to smell smoke. Frustrating but as a long term investor I'm sure we will see the other side .... Here's to Sept 9th !!! Well will see if they get exhausted or get nausea from it all but machines are programed with algos and the stops carry the day. Do the algos see the deceptive headlines? Then follow the stops? Still a dangerous time for new money to be invested.
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mark
fire starter
Posts: 1,555
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Post by mark on Sept 1, 2015 13:03:19 GMT -8
Maybe it's just me and it most definitely is like just that - but I think apple wants to explode upwards Seems that way. But it all depends on the overall market and sentiment. If people believe the world is collapsing, Apple will go down. Presumably, over the next few days some fed idiot is going to open their mouth and imply that no rate hike will happen until at least the end of the year ... and that will likely cause a 500 point pop in the Dow Jones. Then maybe oil will resume its drop and the market will drop 500 points. Then China will show some stability for a few days and the market will pop another 500. And so on and so on and so on. And Apple moves will be magnified by the market moves, maybe even twice as volatile. In addition to the "tethering" with the world markets, there may be some surprises next week that could cause more volatility (hopefully on the upside). Volatility is back, and I think that usually means to sell options rather than buy them, is that correct?
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stub
Member
The fix is in. Be patient. Don't panic.
Posts: 300
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Post by stub on Sept 1, 2015 13:36:55 GMT -8
According to www.macrumors.com, Apple is considering producing its own TV shows, just as Amazon is doing. This may be considered important as a draw to the new Apple TV plan, which according to reports will consist of about 25 channels at $40 per month. I've only watched one of Amazon's original TV shows, but it was really a good pilot based upon a Phillip K. Dick novel about the USA after Germany and Japan won WWII. I think I saw the Trailer. It looks just like present day USA. LOL!
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Post by ericinaustin on Sept 1, 2015 13:58:01 GMT -8
I really don't care when the fed will raise the rate and think it will mean nothing . I do think the uncertainty is making things worse. Either say you are going to raise a 1/4 point now or say you will do it on Jan. first. Frankly if they make any decision the market will go up just because the question has been answered . I suspect however they will wait and won't commit to a future date which won't help much.
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Post by rickag on Sept 1, 2015 13:58:41 GMT -8
My thoughts as well. After all this selling what will be left to sell after the iPhone 6S event. I guess we could go to 115 by then and the back at 107. I am more interested to see how we react to 1st weekend sales numbers. If we get the 13 million I expect, then aapl on its own can start the Santa Rally two months early. If the launch weekend blows out, wait for the "they pulled up Dec quarter sales into the launch quarter" FUD and of course therefore "Dec quarter sales will disappoint." Unfortunately I believe you are correct.
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Post by chasmac on Sept 1, 2015 14:00:54 GMT -8
What happens to AAPL if Trump wins? The man wants to build a wall on the border. Do the math and you'll realize that it would take approximately the total amount of current U.S. Cement production to create. Add in rebar, lighting, etc. and the fact that there are very few roads along the border so we would have to create a crap ton of new ones (we can barely maintain the existing ones). Kind of shoots a hole in the "I'm a businessman and am smarter than everyone else" meme. So, I'd sell every share to answer your question. BTFD (notice how know one really says that anymore?) Some great earler posts re: the market. Just remarked to my wife this morning that it's next to impossible to invest anymore.
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stub
Member
The fix is in. Be patient. Don't panic.
Posts: 300
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Post by stub on Sept 1, 2015 14:01:11 GMT -8
What happens to AAPL if Trump wins? TruMp has about as much of chance as I do. I mean seriously, would you vote for ME? If anybody wants to bet me that Hitlery won't win, I'll jump at the chance to take 'em up on it.
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Post by ericinaustin on Sept 1, 2015 14:07:03 GMT -8
What happens to AAPL if Trump wins? Im a liberal and don't think trump will get anywhere close to the nomination but I don't think the republicans have a way to come out of the primary process looking good. To win nationally, they need a moderate % of the growing Latino vote and this primary season has just about killed the chance they will get any help there. That makes the map very difficult. AAPL might struggle if he won because of the trade friction Trump might create with aapl's second biggest market i.e. China. Just observation no political preaching. If someone held a knife to my throat and said I had to pick a republican for president I would choose Kasich. Not a bad guy on economics at least when he was in congress. Ericinaustin
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