Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 14, 2016 3:29:14 GMT -8
Good morning everyone. Well Shanghai is GREEN. Unfortunately everything else is RED. Some days it is hard to figure out which is the tail and which is the dog. AAPL is also RED trading at 96.81 -0.58 (-0.60%). Let's hope to see a rebound even if whiplash is a risk... Max Pain for the week has slipped further to $105.71. In the news: CNBC has this scintillating headline Is Apple about to get dethroned? Interesting that Alphabet's dependence on one product line is its Core Business while ... never mind. Consistency is so passe´ Business Insider has Morgan Stanley: Apple may be OK again in June. Sorry can't bring myself to link. Reuters has Apple supplier TSMC raises capex at least 10 percent partly on smartphone growth. On smartphone growth, huh? You don't say. The Dividend Channel has Apple Enters Oversold Territory. Here's to a quick departure... From the Watch files, Cnet has Jeb Bush stunned his Apple Watch receives calls. Couldn't resist. Have a great day. Let's make money
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 14, 2016 3:33:48 GMT -8
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Post by phoebear611 on Jan 14, 2016 3:58:39 GMT -8
Unless you live in Florida, Tennesse or California where the 3 winning Power Ball Tickets were sold ... it's time to get up and make the donuts! By the way - on a more serious note - every technician and their mother is out there saying that if we don't hold 1867 on the S&P we could see 1600's - just FYI. Let's hope earnings season this quarter gives us a stick save!
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 14, 2016 4:07:21 GMT -8
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Post by rickag on Jan 14, 2016 6:01:59 GMT -8
Well, AAPL now green in pre-market.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,429
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Post by chinacat on Jan 14, 2016 6:10:14 GMT -8
"Chinese government data released this week suggested the iPhone fared better than expected in the final quarter of 2015. Shipments of smartphones not using Google Inc.’s Android software, the vast majority of which would be iPhones, increased by about 33 percent from a year earlier, according to analysts’ calculations." Not what I expected from the headline!
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 14, 2016 6:36:00 GMT -8
"Chinese government data released this week suggested the iPhone fared better than expected in the final quarter of 2015. Shipments of smartphones not using Google Inc.’s Android software, the vast majority of which would be iPhones, increased by about 33 percent from a year earlier, according to analysts’ calculations." Not what I expected from the headline! Are you suggesting the headline was, well, misleading? Try this one at the WSJ [$] Apple’s Slowing iPhone Sales Take Bite Out of Suppliers’ Revenues. Can't wait for the conference call. Tim needs to confront these rumors -- one way or the other.
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Post by tuffett on Jan 14, 2016 6:56:50 GMT -8
Ah, there's the AAPL we all know and love.
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Ted
fire starter
Posts: 882
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Post by Ted on Jan 14, 2016 7:27:44 GMT -8
Ah, there's the AAPL we all know and love. Helpful? Necessary? Whole market is down...
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 14, 2016 7:32:54 GMT -8
Everyone was warned about whiplash...
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Post by mrentropy on Jan 14, 2016 7:43:57 GMT -8
Whole market up, except for those two struggling companies, AAPL and TWTR.
With all the talk of GOOG passing AAPL in valuation, I haven't heard one peep about how the law of large numbers applies to GOOG.
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Post by tuffett on Jan 14, 2016 7:53:43 GMT -8
Ah, there's the AAPL we all know and love. Helpful? Necessary? Whole market is down... Yep, but AAPL trailing
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Jan 14, 2016 8:12:49 GMT -8
Whole market up, except for those two struggling companies, AAPL and TWTR. With all the talk of GOOG passing AAPL in valuation, I haven't heard one peep about how the law of large numbers applies to GOOG. Come on, GOOG is not dependent on one product... LMAO
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Post by sponge on Jan 14, 2016 8:33:09 GMT -8
Whole market up, except for those two struggling companies, AAPL and TWTR. With all the talk of GOOG passing AAPL in valuation, I haven't heard one peep about how the law of large numbers applies to GOOG. Come on, GOOG is not dependent on one product... LMAO I googles defense their search revenue does not have much competition. Apple competes with a number of large and successful companies and has not increased market share in iPhones since 2009. Apple's customers are unique and have a limit vs Google has the world on the web to attract. I don't see anyone coming close to breaking googles search. Not even Apple.
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Post by hledgard on Jan 14, 2016 9:18:12 GMT -8
Come on, GOOG is not dependent on one product... LMAO I googles defense their search revenue does not have much competition. Apple competes with a number of large and successful companies and has not increased market share in iPhones since 2009. Apple's customers are unique and have a limit vs Google has the world on the web to attract. I don't see anyone coming close to breaking googles search. Not even Apple. Ditto !
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Post by archibaldtuttle on Jan 14, 2016 9:27:14 GMT -8
I believe a huge portion of Google's mobile revenue (which is definitely their future) comes from the deal with Apple wherein Apple makes them the default search in safari. To the extent that Apple can replace Google search results with their own results or with another search engine, it directly erodes Google's profitability.
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Post by tuffett on Jan 14, 2016 9:38:22 GMT -8
I believe a huge portion of Google's mobile revenue (which is definitely their future) comes from the deal with Apple wherein Apple makes them the default search in safari. To the extent that Apple can replace Google search results with their own results or with another search engine, it directly erodes Google's profitability. Once there is a suitable alternative, Apple should really push hard to get better terms out of this deal.
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Post by rickag on Jan 14, 2016 9:56:31 GMT -8
I believe a huge portion of Google's mobile revenue (which is definitely their future) comes from the deal with Apple wherein Apple makes them the default search in safari. To the extent that Apple can replace Google search results with their own results or with another search engine, it directly erodes Google's profitability. Once there is a suitable alternative, Apple should really push hard to get better terms out of this deal. Duck Duck Go suits me just fine, spread the word.
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Post by Luckychoices on Jan 14, 2016 9:57:26 GMT -8
Did anyone notice that CMG is up 6% on the CEO's Webcast comments reassuring analysts? Too bad our extremely highly-paid CEO can't take some time doing that, instead of all the other extraneous social justice nonsense. Completely wrong suggestion. Follow the logic - For Chipotle, some really bad shit happened, affected the company terribly, stock got hammered. CEO reassured everyone today that it will get better. If Tim Cook reassures us that all is well, after the stock got hammered, EVERYONE and their brother will be assuming that some bad shit happened and he's getting in front of it. Mark, this short paragraph from yesterday illustrates very clearly how investors react when the CEO steps up to explain that customers are in no danger when they use the company's products. Can't you just imagine investors hearing from the CEO and saying to themselves, "Wait, you mean customers can eat a burrito at Chipotles and NOT need their stomach pumped? Damn. Gotta buy more of that stock! Market Slammed, Amazon, Apple, Netflix Drop by Investor's Business Daily Video 2:40 mins It was an ugly day on Wall St. with a harsh selloff on the indexes. Rail, trucking, airline and consumer discretionary were hit hard. Big names Amazon, Apple and Netflix came under selling pressure. An early rebound in oil faltered as data showed a rise in U.S. inventories. The one market bright spot came when the CEO of Chipotle explained that none of their customers had to be treated for food poisoning for the prior two weeks. This unexpected and welcome news caused investors to rush to buy the stock and pushed CMG up 5.4 percent to $425.94 in afternoon trade on Wednesday. Full Disclosure: The last two sentences in the paragraph above, MAY have not appeared in the original story
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Post by sponge on Jan 14, 2016 10:21:33 GMT -8
I believe a huge portion of Google's mobile revenue (which is definitely their future) comes from the deal with Apple wherein Apple makes them the default search in safari. To the extent that Apple can replace Google search results with their own results or with another search engine, it directly erodes Google's profitability. Once there is a suitable alternative, Apple should really push hard to get better terms out of this deal. Apple has a great deal to learn from Google. Their spotlight search sucks. I have a very hard time searching emails for continent. Don't even get me started on maps.
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Post by sponge on Jan 14, 2016 11:18:52 GMT -8
Looks like today we are acting exactly like yesterday except in the opposite direction.
Look to see another small roller coaster tomorrow and then take off next week.
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Post by archibaldtuttle on Jan 14, 2016 12:18:39 GMT -8
What a month. Who's ready to see a 100.00 close tomorrow?
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Post by mrentropy on Jan 14, 2016 12:28:54 GMT -8
Annnnndddd yesterday didn't happen.....
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Post by dreamRaj on Jan 14, 2016 12:54:01 GMT -8
Annnnndddd yesterday didn't happen..... But there was one nice thing about yesterday - crossing 101.
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Post by rickag on Jan 14, 2016 15:05:39 GMT -8
What a month. Who's ready to see a 100.00 close tomorrow? Just wondering what max pain is, just guessing close too $100.
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Post by phoebear611 on Jan 14, 2016 15:37:21 GMT -8
Two technicians today ...a small summary If they're right this year will be one hell of a whip saw. It will be a traders market for sure. Best thing for us amateurs is to surf the waves and hope to land on shore safely by the end of the year.
Tom McClellan on CNBC: We’re seeing a preliminary bottom that we should see a bounce from into late Feb and then down into that lower bottom in April and the final bottom of this Bear market is not due until October. When we get to October, we’ll probably get the bottom to go up from which will finally be a good time for investors. But the rest of this year and until we get to October, it’s just going to be a great time for traders. Bullish for just a few days to a few weeks. I think the market is hitting a bottom now, we could see the dead cat flop around on the sidewalk here a few more times between now and the middle of next week, then we have an uptrend just until the end of Feb, then more downside work to do. The uptrend out of October should be a good one.
Kolanovic on CNBC this evening: Decline will not be as rapid as August because Quants have already sold significantly, their leverage is down 60%, and they have taken down their equity exposure. This was part of the reason we didn’t have a Christmas rally and had such a bad first week in January. But if volatility goes higher, they could continue to sell more. Plus fundamentals and sentiment can deteriorate further. He believes that the risk of a full-blown Bear market starting now is a 50-50 probability based on the past 50 years of Bull-Bear cycles and the size and duration of the current Bull market coming out of 2008. Generally oil and equity prices are highly correlated over longer periods of time, but oil has underperformed the S&P recently so he expects oil to rise and the S&P to fall this year. He sees the S&P falling to 1500-1700 and oil to rise to 45-60 by the end of this year. It’s all about mean reversion.
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Post by phoebear611 on Jan 14, 2016 15:42:19 GMT -8
I'm certain you all saw this after the bell today: Apple Supplier - Chip Maker Analog Devices Cuts Revenue Guidance by up to 13% Company said it expects adverse conditions to extend into the second quarter
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Post by nathanstevens on Jan 14, 2016 15:54:25 GMT -8
I'm certain you all saw this after the bell today: Apple Supplier - Chip Maker Analog Devices Cuts Revenue Guidance by up to 13% Company said it expects adverse conditions to extend into the second quarter Just a hunch: the narrative to conveniently change over the weekend once the massive volume of Jan 2016 options expire worthless.
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Post by phoebear611 on Jan 14, 2016 16:25:22 GMT -8
I'm certain you all saw this after the bell today: Apple Supplier - Chip Maker Analog Devices Cuts Revenue Guidance by up to 13% Company said it expects adverse conditions to extend into the second quarter Just a hunch: the narrative to conveniently change over the weekend once the massive volume of Jan 2016 options expire worthless. I'm not expecting much from AAPL or the markets tomorrow. We are coming into a three day weekend - Monday is MLK and markets are closed in the U.S. - traders usually like to go home flat especially on a long weekend...too much can happen...they don't like the risk. But wtf do I know!?
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Post by rickag on Jan 14, 2016 16:30:50 GMT -8
Just a hunch: the narrative to conveniently change over the weekend once the massive volume of Jan 2016 options expire worthless. .... But wtf do I know!? Modesty becomes you
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