Since84
Moderator
To infinity and beyond!
Posts: 3,933
|
Post by Since84 on Aug 5, 2016 2:19:55 GMT -8
Good morning everyone. The world is mostly GREEN this morning, including AAPL which is trading at $106.08 +0.21 (0.20%). In the news: Not much. Apple Will Pay a ‘Bug Bounty’ to Hackers Who Report Flaws. Story at NYT, WSJ [$] and others. AppleInsider has Apple Music officially launches in Korea. Have a great day. Let's make money.
|
|
|
Post by audiosculpture12 on Aug 5, 2016 6:53:16 GMT -8
This feels marginally contrary. (India, ex-div...)
|
|
bud777
fire starter
Posts: 1,352
|
Post by bud777 on Aug 5, 2016 7:07:45 GMT -8
I get the feeling that, having driven Apple down to the low 90s with FUD, there was no money to be made manipulating the stock. Speculators had been driven out and no matter what the bad news, it could not be pushed below 90. Realizing this, the only way to make money is to drive the stock up, draw the suckers back in and then pull the rug out again. I see us going to around 115 before they pull the trigger. Like Lily Tomlin said, no matter how cynical I try to be, I just can't keep up
|
|
|
Post by rickag on Aug 5, 2016 7:12:27 GMT -8
Again I hadn't looked @ AAPL since premarket, what a surprise. Will wait till market close before checking again.
|
|
|
Post by rickag on Aug 5, 2016 7:16:56 GMT -8
|
|
|
Post by artman1033 on Aug 5, 2016 8:20:56 GMT -8
This feels marginally contrary. (India, ex-div...) India....zounds.... looks like a disaster. www.theverge.com/2016/8/5/12385134/apple-india-android-market-share-97-percentAccordingly, Cook says India resembles the Chinese market "seven to 10 years ago," and that the company is "taking a step back to view India more strategically." In practical terms, this has meant setting up an app accelerator, investing in its Indian mapping operation, and reaching out to Indian developers to build locally relevant services. If it really wants to, Apple can afford to wait out those "seven to 10 years" for the Indian market to develop, and right now, seems intent on building the foundations for its future business, even if its current market share is negligible. "We're not here for a quarter, or two quarters, or the next year, or the next year," Cook told NDTV. "We're here for a thousand years."WHOA!
|
|
|
Post by zzmac on Aug 5, 2016 8:29:21 GMT -8
Weee.
|
|
|
Post by phoebear611 on Aug 5, 2016 9:55:23 GMT -8
Just spotted this tweet:
Andy Zaky @bullishcross 31s31 seconds ago $AAPL is forming yet another ascending triangle intraday suggesting a breakout to $108+ in the next 2hrs.
|
|
|
Post by ericinaustin on Aug 5, 2016 10:00:13 GMT -8
I get the feeling that, having driven Apple down to the low 90s with FUD, there was no money to be made manipulating the stock. Speculators had been driven out and no matter what the bad news, it could not be pushed below 90. Realizing this, the only way to make money is to drive the stock up, draw the suckers back in and then pull the rug out again. I see us going to around 115 before they pull the trigger. Like Lily Tomlin said, no matter how cynical I try to be, I just can't keep up I understand your thinking but do not feel a stock with this kind of float can be manipulated in the way you suspect.
|
|
|
Post by sponge on Aug 5, 2016 11:26:54 GMT -8
I get the feeling that, having driven Apple down to the low 90s with FUD, there was no money to be made manipulating the stock. Speculators had been driven out and no matter what the bad news, it could not be pushed below 90. Realizing this, the only way to make money is to drive the stock up, draw the suckers back in and then pull the rug out again. I see us going to around 115 before they pull the trigger. Like Lily Tomlin said, no matter how cynical I try to be, I just can't keep up I understand your thinking but do not feel a stock with this kind of float can be manipulated in the way you suspect. I refer you to exhibit A back in May. We moved 19% in three weeks for no real reason despite bad numbers and poor guidance. Gave it all back and some. At this point we may not see sub 100, but we will correct. RSI is high and yes it can stay that way for another 2 weeks.
|
|
|
Post by artman1033 on Aug 5, 2016 12:02:09 GMT -8
|
|
|
Post by rickag on Aug 5, 2016 13:23:46 GMT -8
Well then, I just looked @ AAPL and it only went up some $0.30 since I looked this morning, up is up so I am happy.
So the new rickag trading rule is look up AAPL buy, don't look and sell at market price. Seems as valid as most paid analyst on CNN.
|
|
|
Post by incorrigible on Aug 5, 2016 13:26:26 GMT -8
|
|