Post by 4aapl on Nov 17, 2018 11:05:59 GMT -8
Closed just below the SMA200. Had three failures at that level this week. Technicals and sentiment point to more down IMO. But we may get a little bump if we can clear the SMA200 on Monday.
That depends on if you use split adjusted values. Sharpcharts puts the 200 day moving average at 192.45 (and that's on the rise, coming from 192.28 after Thursday). stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=3&mn=0&dy=0
I don't know how much this all matters, give or take a buck due to the use of the dividends when calculating the moving average. IMO the key is that above average volume continues as AAPL marches up a bit more, and days where it beats the market help too.
What do people think about automation helping drive back manufacturing to the US, and if this is potentially a use of the Milpitas site:
AppleInsider has Apple snaps up massive manufacturing space in Milpitas, California.
PED has Look what Apple has leased.
A couple weeks late, but I had been thinking about this in a way.
Ages ago, Apple had a manufacturing line there in Milpitas (or within a few miles). Slightly more recently, just more than 20 years ago Apple still had a production line in Elk Grove. If I remember right we were shown at a nearby MUG meeting a G3 tower that had been made there.
But the push is for smaller and smaller stuff, and one trick to get there is automation. 20 years ago at Morotola, the class 1 fab making cell phone chips was automated (for hands off manufacturing...10" wafers?), whereas I was in a class 100 fab with 25 year old technology
...
With lots of hands on assembly, the trick is going where human costs are cheap, plus some experience.
What's the trick for an automated line. With increasing shipping costs, will that bring everything back home, where the trick is having higher trained people with experience in troubleshooting automation lines?