Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 14, 2015 2:32:57 GMT -8
Good morning everyone. Stock indices are RED across the board this morning. In Asia and Europe they're blaming China. In the US they're blaming 'Bank Earnings'... or more specifically lack thereof. AAPL is RED as well, trading at 111.29 -0.50 (-0.45%). Hopefully but a brief blip. In the news: AppleInsider has Swatch beats Apple to China mobile payments market with Bellamy watch. 9to5 Mac has Apple to sponsor 2016 Met Gala with Jony Ive serving as a co-chair. USA Today has Q&A: GM CEO Mary Barra on Volkswagen, Apple, Fiat Chrysler. Apple take aways: - If Apple CEO Tim Cook were here today and you could give him one warning about what he needs to know before entering the auto business, what would it be?
I have tremendous respect for Tim Cook, and I don’t really think he needs advice from me. (Laughs)
- But do you think Apple is a viable competitor in the auto industry?
I have no insights other than what I read in the papers. But it would be foolish for me not to assume that they’re going to.
Have a great day. Let's make money.
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Post by nagrani on Oct 14, 2015 5:45:11 GMT -8
Good battle today between bulls and bears. If bears cannot push Apple down today after a clear cut negative piece of news (badger lawsuit) - and holds 10mda - game on bull camp
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Post by hamourabi on Oct 14, 2015 5:58:30 GMT -8
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Post by incorrigible on Oct 14, 2015 6:11:50 GMT -8
Down a buck and a half plus. I wouldn't mind the upside wait so much if I were earning a 3% yield.
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Post by archibaldtuttle on Oct 14, 2015 6:24:00 GMT -8
Good battle today between bulls and bears. If bears cannot push Apple down today after a clear cut negative piece of news (badger lawsuit) - and holds 10mda - game on bull camp Yuck. Looks like bears still have control.
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Post by nagrani on Oct 14, 2015 6:26:43 GMT -8
Good battle today between bulls and bears. If bears cannot push Apple down today after a clear cut negative piece of news (badger lawsuit) - and holds 10mda - game on bull camp Yuck. Looks like bears still have control. I cannot underscore how important today is for the bear/bull battle. Hold the line
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Post by sponge on Oct 14, 2015 6:31:59 GMT -8
They are making a killing selling puts at top dollar between 109-115 and buying back calls for pennies. Well over 700k calls will expire worthless. Many bet by now we would be at 150+ back in Feburary.
This pattern will continue until Apple is no longer selling record number of products for record number of profits. So get used to it for another 3 decades. This roller coaster started in 2005 when it was clear the iPod was king and Macs were starting to gain market share.
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Post by rickag on Oct 14, 2015 6:35:17 GMT -8
Yuck. Looks like bears still have control. I cannot underscore how important today is for the bear/bull battle. Hold the line Line = 10 dma ?
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mark
fire starter
Posts: 1,555
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Post by mark on Oct 14, 2015 7:04:46 GMT -8
Yuck. Looks like bears still have control. I cannot underscore how important today is for the bear/bull battle. Hold the line I need it to go a little lower this week, at least intraday. Still trying to load up on more Jan '18 combinations. But they are still so illiquid, it's incredible. I mean, the 140 calls have only traded ONE contract today, and the puts in that range aren't trading AT ALL (zero volume for most of them). Ridiculous. Typically, I like to enter into newest year LEAPs (mostly BCSs, but some naked, and sometimes other combos) at the closest near-term low after they begin trading. And that is likely right now. Considering that earnings are coming up in less than 2 weeks followed by the biggest quarter of the year, barring any macro stuff, this is most likely about the near-term low for a while.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Oct 14, 2015 10:03:51 GMT -8
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Post by nagrani on Oct 14, 2015 10:16:01 GMT -8
A close green would be super strong for the bull camp.
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Post by Luckychoices on Oct 14, 2015 12:37:13 GMT -8
This type of story always makes me roll my eyes. For the most part, when AAPL is in the doldrums like it has been for many months, I don't think ANYONE understands completely why, in the absence of a strong market movement one way or the other or surprising good news from Apple, it rises or falls on a particular day. And yet, invariably, there will be a story headline such as "Apple Is Up To Day Because...." or "Apple Is Down Today Because...". Ridiculous. I'm hoping to one day see a story headline something like, "Apple Is Down Today And This Is Why It Makes No Sense Whatsoever." ============== "Apple (AAPL) Stock Gains as iMac Family Gets Updated"NEW YORK (TheStreet) -- Apple (AAPL - Get Report) stock is rising by 0.22% to $111.85 in early afternoon trading on Tuesday, after the company announced a new lineup of iMac computers with display and processor updates. That was yesterday, this is today. Once again, TheStreet seems to understand what none of the rest of us can fathom. Did some of you think we were down because of the U of W lawsuit? Naw. It's definitely the lack of security in OS X because Macs are not as safe from malware attacks as Windows. /s ============== "Apple (AAPL) Stock Down on Growing Number of Software Attacks"
NEW YORK (TheStreet) -- Apple (AAPL - Get Report) stock is decreasing by 1.34% to $110.29 in late afternoon trading on Wednesday, after researchers announced an increase of malicious software affecting Apple's OS X operating system.Mac's OS X lacks support for many endpoint security vendors, and a number of companies have been unable to install the same security controls on Mac products as they have on Windows products, according to the Journal. Companies are consequently left unprotected from potential viruses and attacks.
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Post by The Big Toe on Oct 14, 2015 13:16:55 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Oct 14, 2015 14:11:58 GMT -8
Following up on Luckychoices's theme...
...I am also amused by the panicky headlines about the U of Wisconsin patent case. Whether it is $400 million or $862.4 million, it is basically pocket change for Apple. And of course, Apple has not yet exhausted its options for further appeal.
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Post by The Big Toe on Oct 14, 2015 15:27:05 GMT -8
Following up on Luckychoices's theme... ...I am also amused by the panicky headlines about the U of Wisconsin patent case. Whether it is $400 million or $862.4 million, it is basically pocket change for Apple. And of course, Apple has not yet exhausted its options for further appeal. Guess which college just lost their Apple Store educational discount?
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