Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 4, 2018 2:38:48 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 4, 2018 4:24:58 GMT -8
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Post by incorrigible on Sept 4, 2018 4:35:38 GMT -8
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Post by CdnPhoto on Sept 4, 2018 4:37:19 GMT -8
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bud777
fire starter
Posts: 1,353
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Post by bud777 on Sept 4, 2018 5:15:38 GMT -8
What about the new SE? Will it be the SE-X? This is getting out of control. Seriously, I do worry a little about the proliferation of products
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JDSoCal
Member
Aspiring oligarch
Posts: 4,185
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Post by JDSoCal on Sept 4, 2018 7:04:18 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,431
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Post by chinacat on Sept 4, 2018 7:15:08 GMT -8
Ho-hum, another day another AAPL ATH...
Oops! I mean “Yes!!!”
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Post by CdnPhoto on Sept 4, 2018 7:28:39 GMT -8
Ho-hum, another day another AAPL ATH... Oops! I mean “Yes!!!” I hadn't noticed. I need to see Artman's green pixels for it to be official.
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Post by sponge on Sept 4, 2018 7:46:27 GMT -8
It is still my view that the recent move past 222 is more related to overall positive momentum of the S&P. We are being lifted by the markets and not necessarily aapl new valuation.
Overall world economies are booming, especially here in the US.. One simply needs to see all the construction cranes in New York, London, Paris, LA, Mumbai, and GDP growth here in the US.
RSI is much too high for a sustainable high base above 225. I think the short term corrrection in overall market will drop Aapl quite quickly and steeply.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 4, 2018 8:03:28 GMT -8
I fear you might be right Sponge.
However you cite the counterargument in your post -- the World economy is booming. It is shaping up to be a wonderful fall.
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Post by carbonate24 on Sept 4, 2018 8:21:12 GMT -8
I wouldn't mind a few sideways/moderately down days this week to consolidate and let the RSI drift downward a bit. Besides, I had some shares called away Friday at 225 that I want to buy back lower! The 'selling out of the money call strategy' doesn't work that well when the stock moves up like AAPL has. A good problem to have I guess.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Sept 4, 2018 8:29:15 GMT -8
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Post by PikesPique on Sept 4, 2018 8:46:57 GMT -8
I wouldn't mind a few sideways/moderately down days this week to consolidate and let the RSI drift downward a bit. Besides, I had some shares called away Friday at 225 that I want to buy back lower! The 'selling out of the money call strategy' doesn't work that well when the stock moves up like AAPL has. A good problem to have I guess. Yeah, I rolled some Sept. 215 covered calls out to Jan. 235s. May not be high enough. I guess I can keep on rollin'.
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Post by artman1033 on Sept 4, 2018 9:06:38 GMT -8
AAPL ALL TIME HIGH!$229.18All Time Highest TODAY intraday + 1 TRILLION! 1,106,922 PILES OF ONE MILLION DOLLARS
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Post by dmiller on Sept 4, 2018 10:00:23 GMT -8
Samsung, unable to compete with the upcoming new iPhones - never mind LAST YEARS MODELS - will now cleverly attempt to muddy the waters, by dropping FUD with some stuff about foldable phones that (we'll see) maybe will be in some shipping product(s) next year, maybe. Just like when Apple dropped the 64-bit bomb, nobody else had anything, and they had to say, well, nobody needs 64-bit on mobile, and we'll have Our Own 64-bit Processors! (what was the eventual timeline for that?) Or when Touch ID first came out, and Samsung countered with a crappy fingerprint strip reading thing. Or when FaceID first came out, etc etc and etc. This will be fun to watch as it plays out.
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Post by dmiller on Sept 4, 2018 10:04:23 GMT -8
As usual, the tech press has to make a race out of it. Conveniently ignoring that the $1T race is ALREADY OVER and guess what, if anyone really cares or if this matters, Apple won. That race is OVER. What don't they understand. Now we'll make a new race, only now it's not to a number, it's just to see who's ahead some day, nothing needs to be specific. As long as Amazon is slated to beat Apple at something, eventually. If Amazon doesn't catch Apple on valuation, maybe they can come up with a different metric. How about P/E? There you go, Amazon is way ahead.
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Post by appledoc on Sept 4, 2018 11:28:27 GMT -8
Samsung, unable to compete with the upcoming new iPhones - never mind LAST YEARS MODELS - will now cleverly attempt to muddy the waters, by dropping FUD with some stuff about foldable phones that (we'll see) maybe will be in some shipping product(s) next year, maybe. Just like when Apple dropped the 64-bit bomb, nobody else had anything, and they had to say, well, nobody needs 64-bit on mobile, and we'll have Our Own 64-bit Processors! (what was the eventual timeline for that?) Or when Touch ID first came out, and Samsung countered with a crappy fingerprint strip reading thing. Or when FaceID first came out, etc etc and etc. This will be fun to watch as it plays out. Samsung still makes phones? Haven't seen one of those in the wild in years.
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Post by appledoc on Sept 4, 2018 12:04:52 GMT -8
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Post by artman1033 on Sept 4, 2018 12:12:10 GMT -8
AAPL ALL TIME HIGH!$229.18All Time Highest TODAY intraday 26,507,814 shares traded today +$1 TRILLION
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Post by CdnPhoto on Sept 4, 2018 13:33:52 GMT -8
Another price target upgrade. This time, RBC raises it's price target to $240 from $225This is a 12 month target, right? seems like they're too scared to put a real target.
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ono
Member
compensation
Posts: 537
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Post by ono on Sept 4, 2018 15:54:58 GMT -8
I'll take the $240. - even in 12 months. I share Sponge's concern. I need to steel myself for it.
I recently did a worksheet on dividend compound growth (at 16%/yr moving to 20% about 5 years out), and it was, comforting.
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