Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Mar 21, 2017 2:26:17 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Mar 21, 2017 4:07:00 GMT -8
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Post by rickag on Mar 21, 2017 4:08:21 GMT -8
Just woke up, blink...blink...blink....yawn....what's this?
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Post by rob_london on Mar 21, 2017 4:15:30 GMT -8
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benoir
fire starter
*
Posts: 1,318
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Post by benoir on Mar 21, 2017 4:41:46 GMT -8
Huh, a red iphone...pretty. anything else?
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Post by incorrigible on Mar 21, 2017 5:10:53 GMT -8
Huh, a red iphone...pretty. anything else? Cheaper iPad i heard. Not confirmed.
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Post by Luckychoices on Mar 21, 2017 5:41:52 GMT -8
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Post by Luckychoices on Mar 21, 2017 5:45:57 GMT -8
So close.
$142.67 X 7 = $998.69
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Post by rickag on Mar 21, 2017 5:52:59 GMT -8
New iPad 9.7 entry price $329. Upgraded storage on iPhone SE to 32 GB and 128 GB
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Ted
fire starter
Posts: 882
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Post by Ted on Mar 21, 2017 5:56:57 GMT -8
New iPad 9.7 entry price $329. Upgraded storage on iPhone SE to 32 GB and 128 GB SE is also set at the same price. More values = more buyers.... whee!
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Post by rickag on Mar 21, 2017 6:07:44 GMT -8
AAPL volume traded pretty high early on.
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Post by sponge on Mar 21, 2017 7:06:33 GMT -8
We are finally acting like the good old days. Let's see if 142.8 will be the high of the quarter.
I am waiting for 135.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Mar 21, 2017 7:19:31 GMT -8
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Post by gtrplyr on Mar 21, 2017 7:25:19 GMT -8
New iPad 9.7 entry price $329. Upgraded storage on iPhone SE to 32 GB and 128 GB SE is also set at the same price. More values = more buyers.... whee! I'll be buying a SE for my daughter as her iPhone is on it's last legs ... great price for iPad as well and I may have to pick one up to replace a very old laptop my wife is fed up with. Would be great to have as a living room surfing device. Apple is doing so well with services it may time to give up some of the margins in hardware to lock more people in .... they can always offer a premium product but to get a bigger user base they need these lower cost options. Maybe Apple can make the margins back in manufacturing savings .... AAPL seems to be holding on in the wake of this selloff. Future is looking very very good ...... I see competitors/android losing steam. Cheers to the longs !!!
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Post by tuffett on Mar 21, 2017 7:41:02 GMT -8
SE is also set at the same price. More values = more buyers.... whee! I'll be buying a SE for my daughter as her iPhone is on it's last legs ... great price for iPad as well and I may have to pick one up to replace a very old laptop my wife is fed up with. Would be great to have as a living room surfing device. Apple is doing so well with services it may time to give up some of the margins in hardware to lock more people in .... they can always offer a premium product but to get a bigger user base they need these lower cost options. Maybe Apple can make the margins back in manufacturing savings .... AAPL seems to be holding on in the wake of this selloff. Future is looking very very good ...... I see competitors/android losing steam. Cheers to the longs !!! On a similar note, I wonder if, with the expected release of the premium "iPhone 8/X," Apple would drop the price of the 7s by $50-100. Would create more of a separation between the two devices. There are a lot of people who have no interest in all the bells and whistles but still desire an iPhone. This would increase market share and put huge pressure on competitors with lower margins who rely on high prices flagship devices. The $999 iPhone 8/X would keep ASPs relatively stable. It's going to happen, especially with the very obvious push towards services. Just a matter of when.
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Post by rickag on Mar 21, 2017 7:48:27 GMT -8
Gap closed
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Post by artman1033 on Mar 21, 2017 9:46:21 GMT -8
here5 new items including Apple introduces Clips: the fun, new way to create expressive videos on iOS Is this snapchat?
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Post by rickag on Mar 21, 2017 10:08:10 GMT -8
Doesn't seem any support is kicking in
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Post by mrentropy on Mar 21, 2017 10:59:22 GMT -8
That got ugly fast. Wish I had trimmed more calls than I did earlier this morning.
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Post by rob_london on Mar 21, 2017 11:32:46 GMT -8
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Post by PikesPique on Mar 21, 2017 11:33:07 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,186
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Post by JDSoCal on Mar 21, 2017 12:00:00 GMT -8
I BoughtTFD (GOOG verticals).
AAPL holding up fairly well to a red market day.
BTFD!
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Post by Luckychoices on Mar 21, 2017 12:21:31 GMT -8
***Thanks for the link, PikesPique. Call me crazy but I don't see the logic in concluding that a failure of the move to repeal and replace Obamacare would indicate to a sane person that tax reform would also necessarily fail. Two completely different agendas. ***If this is the stock market mentality at work, it's yet another reminder of why I'm so grateful my wife and I are long Apple and don't pay too much attention to what "the market" thinks. ObamaCare Repeal Vote Failure Threatens Tax Cuts — And Stock Rally ... ... "A defeat for House Speaker Paul Ryan's bill to repeal and replace ObamaCare, which is scheduled for a Thursday vote, could trigger a sell-off for the Dow Jones industrial average, S&P 500 index and other financial markets.
"The House is scheduled to vote on the Republican health care bill this week, but any delay in that process could signal to investors that tax reform is in peril," Brian Gardner, Washington analyst at Keefe, Bruyette & Woods, wrote in a Tuesday note.
The Nasdaq composite, which opened at an all-time high, reversed to trade down as President Trump went to Capitol Hill to press GOP lawmakers to pass Ryan's American Health Care Act.
"I honestly think many of you will lose your seats in 2018 if you don't get this done," Trump told a private House GOP conference.
In afternoon trade, the Dow industrials lost 0.9%, the S&P 500 index 1% and the Nasdaq 1.5%, all on track for their worst day in months. Financial stocks — which have been among the best performers since Trump's election due to hopes for tax cuts, faster growth and deregulation — were among the worst-performing groups on the stock market today. Dow component JPMorgan Chase (JPM) slid 2.4% and Goldman Sachs (GS) 2.9%. JPMorgan is breaking its 50-day line a day after Goldman Sachs closed below that key level. Bank of America (BAC) and Citigroup (C) also knifed through their 50-day lines Tuesday, sinking 5.6% and 1.9%, respectively.
"If we are wrong about the health care debate and the House defeats the Republican health care bill on Thursday, then we expect the market, including financials, would sell off over concerns that Republicans will not be able to deliver on their agenda, which includes tax reform," Gardner wrote."
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Post by artman1033 on Mar 21, 2017 12:58:09 GMT -8
LUCKY, I AM NOT QUALIFIED to question your sanity.
BUT, I agree that failure to start the repeal/replace of Obamacare WILL doom this Congress.
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Post by rickag on Mar 21, 2017 14:48:40 GMT -8
I feel dirty, for only the 3rd time since owning AAPL starting in '98 '99I am out of AAPL in our IRA. Too close to retirement and too heavily weighted in AAPL. Since it is in our IRA we have no tax implications. If AAPL reverses course I'll get back in and only lose opportunity profits. If it continues down I will look for an opportunity to re-enter.
I still feel naked and unclean without my AAPL.
On the bright side for everyone still holding my exit will probably mean AAPL starts climbing tomorrow morning.
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Post by incorrigible on Mar 21, 2017 15:28:13 GMT -8
I feel dirty, for only the 3rd time since owning AAPL starting in '98 '99I am out of AAPL in our IRA. Too close to retirement and too heavily weighted in AAPL. Since it is in our IRA we have no tax implications. If AAPL reverses course I'll get back in and only lose opportunity profits. If it continues down I will look for an opportunity to re-enter. I still feel naked and unclean without my AAPL. On the bright side for everyone still holding my exit will probably mean AAPL starts climbing tomorrow morning. I've been scaling out as well as I now rely on my investments for income both now and when my wife retires. AAPL was 90+% of our holdings for almost a decade and is now down to about 16-17% via closing option positions and selling shares over the last 3 years (mainly recently). Still our largest holding but will scale even lower as prices and opportunities in other securities present themselves. Also what Apple does with the dividend will ultimately decide how low to go. It's been hard selling but a necessity with capital preservation and diversification a larger priority.
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Post by Luckychoices on Mar 21, 2017 16:11:20 GMT -8
LUCKY, I AM NOT QUALIFIED to question your sanity. OK, so far, we agree. BUT, I agree that failure to start the repeal/replace of Obamacare WILL doom this Congress. It will DOOM this Congress? Please explain how.
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Post by Luckychoices on Mar 21, 2017 16:51:08 GMT -8
I feel dirty, for only the 3rd time since owning AAPL starting in '98 '99I am out of AAPL in our IRA. Too close to retirement and too heavily weighted in AAPL. Since it is in our IRA we have no tax implications. If AAPL reverses course I'll get back in and only lose opportunity profits. If it continues down I will look for an opportunity to re-enter. I still feel naked and unclean without my AAPL. On the bright side for everyone still holding my exit will probably mean AAPL starts climbing tomorrow morning. I've been scaling out as well as I now rely on my investments for income both now and when my wife retires. AAPL was 90+% of our holdings for almost a decade and is now down to about 16-17% via closing option positions and selling shares over the last 3 years (mainly recently). Still our largest holding but will scale even lower as prices and opportunities in other securities present themselves. Also what Apple does with the dividend will ultimately decide how low to go. It's been hard selling but a necessity with capital preservation and diversification a larger priority. I admit to not understanding exactly what circumstances are prompting you both to unload AAPL. If you're depending on *immediate* dividends to provide income, then I understand why you would want to maximize your dividend percentages right away. For capital preservation purposes, unless one is planning to sell a ton of stock in the near future, the AAPL pullbacks have just been great opportunities to buy more shares at a lower price. Of course, this is only true if you feel that the stock will eventually rebound. If you guys no longer feel that the stock will necessarily continue to rebound from pullbacks, then I also understand why that would be a reason. As far as diversification goes, I know I'd be *terrible* at picking "opportunities in other securities" because 18 to 30 years ago, before we directed all of our investment money to AAPL, my wife and I were terrible at even picking good investments for our annual IRA contribution. I vividly remember the year we were so desperate to improve our picks that we used Money magazine's top rated fund for that year, Reynolds, as the right place for each of us to invest our $2000 IRA contribution. Mr. Reynolds and his cohorts took our $2000 and turned it into $800 in an amazingly short time. So putting our contributions directly into AAPL, starting about 2000, made that annual decision easier. Anyway, I hate to see such long time AAPL Longs exiting the stock but I sure wish you well with your investments, whatever they may be, and I hope you maintain enough AAPL to continue to frequent the board.
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Mar 21, 2017 16:58:34 GMT -8
I wonder if the turnaround just shy of 1000 was the result of ancient sell orders. Does that kind of thing happen? Do people place a sell order that stays open and just say, sell if it ever gets to 1000? It was odd that it turned around there. If I was going to do that, I would anticipate others doing it and sell at 999 so there's that. One thing I have learned about this stock is that it defys explaination
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Post by moltenfire on Mar 21, 2017 18:56:25 GMT -8
I think it really was a lot of short term investors who were hoping a tax holiday would come soon after Trump was elected. Now that it looks like it'll be a few years away, they're bailing.
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