chinacat
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AAPL Long since 2006
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Post by chinacat on Oct 23, 2019 5:08:44 GMT -8
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4aapl
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Post by 4aapl on Oct 23, 2019 6:08:10 GMT -8
Good morning. Nice to see a bump first thing, and the upgraded target is likely the short term catalyst. I wouldn't worry too much about the multiple updates, though it is tough. I like to backup manually and run the updates from my Mac, which often then has a 2 gig or more download, which the cable modem often hiccups on and needs a second download. It's not seamless, in my hope of having some control on it instead of just setting it to work in the background on the iPhone, and for whatever reason generally both of out iPhones require separate downloads (a software update thing with trying to minimize the download, but with doing this again and again it would be great if the software would learn that I will want a few extra parts to support both iPhones in one download. AKA the universal software updates for the OS, that one could use at home, or with management tools like Netboot/NetInstall, Software Update Server, Apple Remote Desktop, and Mac Manager. Ahhh, the things I used to work on) As far as the cameras, at some point it comes down to setting up the picture and getting good ones that you and others want to see, more than the underlying technology. Given the comparison in the article, though others say the iPhone is a bit better, it looks like we're in that realm. I remember years ago, about 13 or even 16, when on TMF and we were looking to get a digital camera. At some point it came down to what edge case pics you could get. One person liked the Canon Elphs because it was so small that you would have it with you more times, and thus be able to capture other pics. Another liked one with more of a zoom but a larger footprint, to get more pics when needing a zoom. And another, who I later met in person, liked a camera that could take better pics in low light situations, again to get pics that you couldn't get otherwise. I'm happy with the 11's cameras. But there's times of getting the right picture, whether that's the perfect morning or evening light, framing things up well, or waiting patiently for the courtyard or mural to be free of people for a half second. It sounds like the cameras are generally close enough in quality that it really comes back to these things a bit more, though in that selfie shot I liked the coloring of his face better on the iPhone, even though the bright spot in the background was blown out a little. But it looked like the distances from the phone to his face varied a little, and there's always a chance the brightness of the sun changed just a little. While Consumer reports sometimes is a little too industrial and sometimes focuses too much on certain things, they do have repeatability down a bit more than some of these one-off reviews.
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4aapl
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Post by 4aapl on Oct 23, 2019 7:04:54 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Oct 23, 2019 7:25:55 GMT -8
Is everyone spooked by yesterday? Or is Yahoo wrong?
Day's Range 241.22 - 243.17
Paging artman1033...
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Post by carbonate24 on Oct 23, 2019 7:50:21 GMT -8
While MS goes to $289 on AAPL, I found a note tucked inside a Seeking Alpha story about the MS upgrade. I haven't confirmed this anywhere else, but apparently, Bernstein took their price target from $205 to $225, while maintaining a market-perform on AAPL. It could be a coincidence that this PT change comes out the same day as a new street high is established, but I suspect that Toni S. wanted to move his target closer to reality without anyone noticing as they are focused on MS or having to admit that he was way off on his price predictions. With his PT closer to the actual price, he can continue to parade around his market-perform rating and try to look like (per CNBC) the #1 AAPL analyst. The lack of accountability of some analysts is amazing.
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Post by Odd-Lot Richard on Oct 23, 2019 8:54:08 GMT -8
Not the biggest news event re: Apple but I totally forgot they are bringing Isaac Asimov's Foundation trilogy to AppleTV+. One of my all time favorite Sci-Fi pieces and they've begun casting. "Isaac Asimov's novel series of the same name, Foundation chronicles the epic saga of The Foundation, a band of exiles who discover that the only way to save the Galactic Empire from destruction is to defy it." www.hollywoodreporter.com/live-feed/jared-harris-lee-pace-star-apples-foundation-1249198I have always found Asimov’s science fiction short stories to be interesting and thought-provoking, but his writing to be at best workmanlike and at worst wooden. I would like to see how a more faithful adaptation of his works (as opposed to something like the _I, Robot_ stories) would translate onscreen.
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4aapl
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Post by 4aapl on Oct 23, 2019 9:11:07 GMT -8
FWIW, I finally just sold off a small part of my AAPL holdings at $242.72. It's not a feeling of negativity, but rather of thinking there's a chance that this is close to the top, and I'd rather get out of a few of my extra shares bough as a side bet, while keeping the majority.
I also don't see it as the best for the stock that the stock only increases a little on a fairly sizable price target increase. I have a feeling that with the upgrades and news of the last month, that increased sales and expectations are already built into the price. Now Apple has a larger step to overcome if it wants to surprise. I think things are good, but in the short term I want to cancel out my margin position, and this gets me part way there.
Unlike some I don't think the total number of shares matters much, but it was something around 2.5% of our holdings, and just a few more shares than the ones I bought as speculation 11 months ago at a hair under $186. Not bad for 11 months, though these will be specified as a different block of shares at a lower price but with long-term status.
In general I want to play the market in a long term and lower risk way, borrowing nothing when close to the top or even having 10% in cash, and borrowing after coming off the bottom. Even without hitting the high nor the low, I figure I can gain some extra, such as when I bought some S&P on the dip in Jan or Feb of 2018. But that's just a low risk way to have a little fun, aiming to get a little of that middle ground while not taking on too much risk other than the equivalent of a couple mortgages. It's hard not to when they are letting me borrow at such low rates, currently 2.5%, but now is not the time to borrow a lot. OTOH, I just looked at an account at IB that is only borrowing a mid-level amount, and it is paying 9.5% to do such. Wow!!!
Good luck all! Enjoy these ATH's, even if a surge of a point a day is not as overwhelming as when AAPL really jumps. Maybe we'll see that after earnings, if Apple does come in even better than the upgraded expectations.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,050
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Post by Dave on Oct 23, 2019 10:39:55 GMT -8
Is everyone spooked by yesterday? Or is Yahoo wrong? Day's Range 241.22 - 243.17 Paging artman1033... My guess is profit taking after this big run. The RSI is above 70 and could indicate that it’s time for a correction. Or not.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Oct 23, 2019 11:56:22 GMT -8
FWIW, I finally just sold off a small part of my AAPL holdings at $242.72. It's not a feeling of negativity, but rather of thinking there's a chance that this is close to the top, and I'd rather get out of a few of my extra shares bough as a side bet, while keeping the majority. I also don't see it as the best for the stock that the stock only increases a little on a fairly sizable price target increase. I have a feeling that with the upgrades and news of the last month, that increased sales and expectations are already built into the price. Now Apple has a larger step to overcome if it wants to surprise. I think things are good, but in the short term I want to cancel out my margin position, and this gets me part way there. Unlike some I don't think the total number of shares matters much, but it was something around 2.5% of our holdings, and just a few more shares than the ones I bought as speculation 11 months ago at a hair under $186. Not bad for 11 months, though these will be specified as a different block of shares at a lower price but with long-term status. In general I want to play the market in a long term and lower risk way, borrowing nothing when close to the top or even having 10% in cash, and borrowing after coming off the bottom. Even without hitting the high nor the low, I figure I can gain some extra, such as when I bought some S&P on the dip in Jan or Feb of 2018. But that's just a low risk way to have a little fun, aiming to get a little of that middle ground while not taking on too much risk other than the equivalent of a couple mortgages. It's hard not to when they are letting me borrow at such low rates, currently 2.5%, but now is not the time to borrow a lot. OTOH, I just looked at an account at IB that is only borrowing a mid-level amount, and it is paying 9.5% to do such. Wow!!! Good luck all! Enjoy these ATH's, even if a surge of a point a day is not as overwhelming as when AAPL really jumps. Maybe we'll see that after earnings, if Apple does come in even better than the upgraded expectations. Hmm...would it scare you to know I've had ~8000 shares on margin for like 7 years? For those not familiar with the concept, margin rates are generally negotiable. Call your broker and ask, "remind me why shouldn't I transfer all my stocks and cash to Interactive Brokers? Broker: "I'll call the margin team and get back to you by the end of the day."
Cheers to the longs!!
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,425
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Post by chinacat on Oct 23, 2019 12:06:28 GMT -8
Is everyone spooked by yesterday? Or is Yahoo wrong? Day's Range 241.22 - 243.17 Paging artman1033... My guess is profit taking after this big run. The RSI is above 70 and could indicate that it’s time for a correction. Or not. My point was that AAPL hit a new all-time high today ($243.22) and no one here seemed to notice
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Post by silkstone on Oct 23, 2019 12:13:28 GMT -8
Is everyone spooked by yesterday? Or is Yahoo wrong? Day's Range 241.22 - 243.17 Paging artman1033... My guess is profit taking after this big run. The RSI is above 70 and could indicate that it’s time for a correction. Or not. Another possibility is a great earnings report next week along wiith good forward guidance followed by new all time highs.
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Post by deasys on Oct 23, 2019 12:17:05 GMT -8
Is everyone spooked by yesterday? Or is Yahoo wrong? Day's Range 241.22 - 243.17 Paging artman1033... My guess is profit taking after this big run. The RSI is above 70 and could indicate that it’s time for a correction error. Or not. T,FTFY
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Oct 23, 2019 12:25:33 GMT -8
285.75 x 7 = 2000. Top 3 reasons Apple is headed to $2000 (Published: May 12, 2011) Wish I could find that old video of James Altucher predicting AAPL is not just going to $1000, but $2000. Not so cray now...
Current pre-split price: $1,701.
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Post by longsince98 on Oct 23, 2019 12:35:15 GMT -8
WHEEEEEEE!
What a TEAR!
Cheers to us longs who’ve hung on thru all the bumps!
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4aapl
Moderator
Posts: 3,598
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Post by 4aapl on Oct 23, 2019 12:39:57 GMT -8
Hmm...would it scare you to know I've had ~8000 shares on margin for like 7 years? For me, not at all, since I was borrowing the same. OTOH, more than a few years back I was borrowing a much higher percentage, and also did so while owing a lot of options, probably straight options at the time rather than spreads. That was great while things went up. That wasn't so great while things backed off. I forget the exact values and ratios now, which is probably for the best, but I do remember having to sell off 5,000 shares at something like $95.10 or $95.12, after a fall, but calculating out that I didn't want to get a margin call, and thinking things could still dip (to $60 or so, worst case). Ahhh, the fun of dealing with the chaos, while wondering how things could have been different. This was all before the 1:7 split. OTOH, in dealing with a neighbors trust, (which I might get a small (relatively) amount from though IMO it's even odds if that happens in my lifetime due to it being dependent on the lifespan of a recipient only a few years my senior), I see what can happen if you screw up. among others it has 2 accounts, one from him and one part of his mom's trust, that were in Comstock (LODE). They are down roughly 99%, making for some large losses. Apple, and AAPL, has done well. But in retrospect there were some times over the last 25 years where things could have ended dramatically differently. Time to go rake some leafs.
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Post by artman1033 on Oct 23, 2019 12:49:35 GMT -8
AAPL ALL TIME HIGH!$243.22All Time Highest TODAY intraday 17,644,299 shares traded today AAPL ALL TIME HIGHEST CLOSE!$243.18aaplinvestors.net/stats/rank/AAPL market CAP. +1.098 TRILLION AAPL ALL TIME HIGH market CAP. +1.12 TRILLION 10/03/2018 +$1.098 TRILLION
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walterwhite
Member
"I am the one who knocks!"... Albuquerque, NM
Posts: 346
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Post by walterwhite on Oct 23, 2019 13:44:44 GMT -8
FWIW, I finally just sold off a small part of my AAPL holdings at $242.72. It's not a feeling of negativity, but rather of thinking there's a chance that this is close to the top, and I'd rather get out of a few of my extra shares bough as a side bet, while keeping the majority.
following you... i also trimmed a bit at $243
like many here, mostly still in... so bring it on with $250! 🤤
cheers to the longs!
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4aapl
Moderator
Posts: 3,598
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Post by 4aapl on Oct 23, 2019 15:46:32 GMT -8
FWIW, I finally just sold off a small part of my AAPL holdings at $242.72. It's not a feeling of negativity, but rather of thinking there's a chance that this is close to the top, and I'd rather get out of a few of my extra shares bough as a side bet, while keeping the majority. following you... i also trimmed a bit at $243
like many here, mostly still in... so bring it on with $250! 🤤 cheers to the longs! You've done this much more consistently than me, lately. But I do have a few extra shares on the table, and I want to rotate some off, both for general pruning and diversification (What what what?), and also to manage taxes a bit. It's all good. Great to see AAPL close the day at an ATH! It was fading a bit earlier on, but made a great turn.
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benoir
fire starter
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Posts: 1,314
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Post by benoir on Oct 23, 2019 16:32:02 GMT -8
Options (from a being in it for the long haul perspective) a) I wouldn’t mind seeing it (AAPL) trade sideways for a bit to consolidate - let the market get used to this, relatively lofty height, as the new norm. or b) have some non Apple related event tank the stock for a few quarters so Apple can back the truck up and get us well below 4B shares. Then let it spring(explode)back to where it wants to be, say, 20+PE.
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Post by therealmercel on Oct 23, 2019 17:55:29 GMT -8
Earnings next week....Dec guidance WAG: $87B - $89.5B Revs (no October event is making me a bit conservative).
Letting the profits run here; Not selling a thing.
Sept. WAG: $2.95 EPS and 63.75B REVs
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Post by artman1033 on Oct 23, 2019 18:25:28 GMT -8
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walterwhite
Member
"I am the one who knocks!"... Albuquerque, NM
Posts: 346
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Post by walterwhite on Oct 23, 2019 18:58:17 GMT -8
trololol, artman?
pray tell, how is your dungeon clickbait related in any way to apple or AAPL?
if it's not (and it's not ) please stick to ATH announcements in the daily thread... unless you want me to also start posting links such as 'IMPEACHMENT TODAY' here
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walterwhite
Member
"I am the one who knocks!"... Albuquerque, NM
Posts: 346
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Post by walterwhite on Oct 23, 2019 19:03:31 GMT -8
Earnings next week....Dec guidance WAG: $87B - $89.5B Revs (no October event is making me a bit conservative). Letting the profits run here; Not selling a thing.Sept. WAG: $2.95 EPS and 63.75B REVs
mercel, thanks for the reminder... can't believe only a week left...
now in terms of letting profits run... i think you took some swing trades off the table earlier, right? (around 'trade deal phase 1' announcement on oct 11th)
i'm also letting most of it run, but want to keep greed in check, as we've seen a few reversals this year that were either painful setbacks or buying opportunities (or both! ) depending on availability of $$ in one's account to snap up AAPL for swing trades
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JDSoCal
Member
Aspiring oligarch
Posts: 4,181
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Post by JDSoCal on Oct 24, 2019 1:06:08 GMT -8
trololol, artman?
pray tell, how is your dungeon clickbait related in any way to apple or AAPL?
if it's not (and it's not ) please stick to ATH announcements in the daily thread... unless you want me to also start posting links such as 'IMPEACHMENT TODAY' here Dude, it’s a bipartisan antitrust investigation into big tech. Pretty relevant to the sector. No need to be an asshole, especially on an ATH day.
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Post by therealmercel on Oct 24, 2019 1:25:01 GMT -8
How does one apply for Interstellar Moderator? 😜 I’m 45% invested...once bitten, twice shy thinking. Congrats to AAPL longs.
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4aapl
Moderator
Posts: 3,598
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Post by 4aapl on Oct 24, 2019 7:12:01 GMT -8
trololol, artman? pray tell, how is your dungeon clickbait related in any way to apple or AAPL? if it's not (and it's not ) please stick to ATH announcements in the daily thread... unless you want me to also start posting links such as 'IMPEACHMENT TODAY' here Easy there Walt. Even if at first thought Z's interview might not be about Apple, JD is right that this is telling of what the government is going after with all of big tech, which is very important. While Art didn't post to a specific article, he knew that this was related but somewhat tangent, and so tried to keep the potential ensuing mess out of the daily thread. We're all trying to do the right thing, of keeping the daily thread on-topic. These posts also got flagged, and Art asked how I felt about it. Here's my updated response after sleeping on it: "Sorry Art, my mind was on other things, and I didn't think of the big picture of all tech investigation, like JD mentions. I'd add a little color to it, to show how it was important or why someone might be interested. And personally I like linked articles that say something instead of being the whole 5+ hour interview. But JD is right, that while this is Facebook and not Apple, it could and will show how the government is feeling about big tech and what they are going after. Everyone is a little on edge, but the good thing is that we are trying to do the right thing, and that is a while lot better than people just not caring. We'll get this."
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walterwhite
Member
"I am the one who knocks!"... Albuquerque, NM
Posts: 346
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Post by walterwhite on Oct 24, 2019 18:43:15 GMT -8
trololol, artman? pray tell, how is your dungeon clickbait related in any way to apple or AAPL? if it's not (and it's not ) please stick to ATH announcements in the daily thread... unless you want me to also start posting links such as 'IMPEACHMENT TODAY' here Easy there Walt. Even if at first thought Z's interview might not be about Apple, JD is right that this is telling of what the government is going after with all of big tech, which is very important. While Art didn't post to a specific article, he knew that this was related but somewhat tangent, and so tried to keep the potential ensuing mess out of the daily thread. We're all trying to do the right thing, of keeping the daily thread on-topic.
ok i see the potential newsworthiness... the format, though, tripped me up... i saw a link which i assumed would lead to something like an article, but led directly to a thread in the dungeon... given other things posted in the dungeon i left immediately before seeing the link is actually cspan (pretty mild stuff)
and note that artman's thread in the dungeon has a grand total of zero responses, but something like 100 views...
seems a bit clickbaity to me, but fine, who am i to judge... i'll try to stick to AAPL trading, like i have in the last couple of weeks... peace ✌️
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