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Post by aaplsauce on Dec 14, 2021 23:16:08 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Dec 15, 2021 7:07:10 GMT -8
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Post by Luckychoices on Dec 15, 2021 11:43:30 GMT -8
Say what? Day's Range: $172.31 - $178.11?
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Dec 15, 2021 12:53:29 GMT -8
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Post by Luckychoices on Dec 15, 2021 12:58:43 GMT -8
Don't think it was AAPL only, chinacat...all the Tech stocks that were down this morning are up after 2.
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Post by CdnPhoto on Dec 15, 2021 13:04:57 GMT -8
Almost had to call out Artman for the close. Missed it by that much...
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Post by benoir on Dec 15, 2021 13:06:12 GMT -8
Just woke up…what’s going on???
Wild mood swings…..
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Dec 15, 2021 13:12:22 GMT -8
Just woke up…what’s going on??? Wild mood swings….. I don't even know what is considered good or bad news anymore. I would have thought that Jerome not talking about printing and buying would be bad for stonks. But I'll take it! 📈🚀💰
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Post by davidstevenson on Dec 15, 2021 13:12:35 GMT -8
Fed policy announcement was 2pm est.
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ono
Member
posted
Posts: 555
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Post by ono on Dec 15, 2021 13:16:56 GMT -8
Maybe this:
CNBC Dow jumps 380 points, Nasdaq surges 2% in relief rally after Fed gives rate hiking timeline
"Now I have seen how high rates are going and how fast it's going to happen. The uncertainty is removed from the market. From an equity perspective, now they just have to focus on earnings, margins and growth," said Jim Caron, a chief strategist on the global fixed income team at Morgan Stanley Investment Management.
"It's kind of a sigh of relief to the equities market who thought it might be much more aggressive. It's kind of what we were thinking anyway," he added.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Dec 15, 2021 14:21:39 GMT -8
Maybe this: CNBC Dow jumps 380 points, Nasdaq surges 2% in relief rally after Fed gives rate hiking timeline "Now I have seen how high rates are going and how fast it's going to happen. The uncertainty is removed from the market. From an equity perspective, now they just have to focus on earnings, margins and growth," said Jim Caron, a chief strategist on the global fixed income team at Morgan Stanley Investment Management. "It's kind of a sigh of relief to the equities market who thought it might be much more aggressive. It's kind of what we were thinking anyway," he added. LOL! I head out and work with the snow for a few hours, and the stock moves from the low 172's up to a few pennies off of the highest ever close (but with an RSI at 71.88, respectable but not as high as the previous 78.72). The timeline on interest rates look decently quick, especially considering bond buying is to stop first. So basically .25% a quarter once it starts, just a touch slower in 2023, and finishing up 2% from here in under 2 years. I think '99 and '07 might have had a +.5 mixed in there. I'm surprised the party line is that they are also waiting for full employment. Several articles are saying most (9 out of 10) people that left the workforce were near retirement, and others are talking of people previously working multiple jobs going to fewer. Crazy market sometimes.
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Post by Luckychoices on Dec 15, 2021 14:50:39 GMT -8
Maybe this: CNBC Dow jumps 380 points, Nasdaq surges 2% in relief rally after Fed gives rate hiking timeline "Now I have seen how high rates are going and how fast it's going to happen. The uncertainty is removed from the market. From an equity perspective, now they just have to focus on earnings, margins and growth," said Jim Caron, a chief strategist on the global fixed income team at Morgan Stanley Investment Management. "It's kind of a sigh of relief to the equities market who thought it might be much more aggressive. It's kind of what we were thinking anyway," he added. LOL! I head out and work with the snow for a few hours, and the stock moves from the low 172's up to a few pennies off of the highest ever close (but with an RSI at 71.88, respectable but not as high as the previous 78.72). The timeline on interest rates look decently quick, especially considering bond buying is to stop first. So basically .25% a quarter once it starts, just a touch slower in 2023, and finishing up 2% from here in under 2 years. I think '99 and '07 might have had a +.5 mixed in there. I'm surprised the party line is that they are also waiting for full employment. Several articles are saying most (9 out of 10) people that left the workforce were near retirement, and others are talking of people previously working multiple jobs going to fewer. Crazy market sometimes. Crazy market *always*. FIFY, 4aapl! 😎
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Dec 15, 2021 15:02:40 GMT -8
Crazy market *always*. FIFY, 4aapl! 😎 Sometimes I can guess right, and those times it seems sorta sane. Still, these day's I'm not sure that I'm at 50%, even on a coin flip decision. The lead in and out of both '00 and '08 showed how the same thing, a rate increase or decrease, could be the catalyst for the market to go positive or negative that day. This time around it's the "more certainty" card, from a group that tends to specifically guard their hands while talking up the range of timeframes or solutions. More certainty gives a little more color on it, not entirely different from Apple having a tighter tolerance on their earnings outlook.....when they choose to give one.
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ono
Member
posted
Posts: 555
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Post by ono on Dec 15, 2021 16:21:59 GMT -8
Consolidated Last Sale $180 +0.70 (+0.39%) After-Hours High $180.3 (06:22:16 PM) After-Hours Low $174.33 (05:51:25 PM)
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Dec 15, 2021 16:54:48 GMT -8
Artman be prepared tomorrow around 1PST 4EST. 🍏📈🚀
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mark
fire starter
Posts: 1,632
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Post by mark on Dec 16, 2021 7:35:02 GMT -8
The timeline on interest rates look decently quick, especially considering bond buying is to stop first. So basically .25% a quarter once it starts, just a touch slower in 2023, and finishing up 2% from here in under 2 years. I think '99 and '07 might have had a +.5 mixed in there. Of course the minute they are spooked by a quarter of no or low growth, they will stop in their tracks immediately. No need to be surprised. When you use a metric ("full employment") that isn't defined, you can declare that it happened whenever you want (aka whenever expedient for your purposes).
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Dec 16, 2021 8:57:26 GMT -8
No need to be surprised. When you use a metric ("full employment") that isn't defined, you can declare that it happened whenever you want (aka whenever expedient for your purposes). They probably said it before, but the article I read focused on it, since the "inflation exceeding 2%" part has been met. It is a wishy washy threshold, especially if picking and choosing your numbers, and waiting for confidence that it has fully met the level and not just had a strange one-time blip. Anyways.....looks like we don't have carrythru to today, at least in the short term. This would really suck, if I was trying to play the very short term, and didn't get it quite right. Thanks AAPL, for being consistent at least in the very long term timeframes.
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