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Post by aaplsauce on Jan 23, 2022 23:01:37 GMT -8
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Dave
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"It's tough to make predictions, especially about the future." Yogi Berra
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Post by Dave on Jan 24, 2022 3:07:49 GMT -8
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CdnPhoto
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Post by CdnPhoto on Jan 24, 2022 4:59:07 GMT -8
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Post by playultimate on Jan 24, 2022 6:11:43 GMT -8
Monday Greetings Investors! Might be a wild ride this week! Like the KC-Buff game last night?
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Post by zebrum on Jan 24, 2022 6:45:05 GMT -8
Almost every stock on my watch list is at 52 week low
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CdnPhoto
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Post by CdnPhoto on Jan 24, 2022 6:57:30 GMT -8
AAPL RSI below 33.
May go lower with the broader market.
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Post by bud777 on Jan 24, 2022 7:41:21 GMT -8
Huberty seems to be one of the better analysts. and I tend to trust her predictions more than most. If the quarter really is a blowout, the 2023 comparison will be very, very, difficult. Even with the introduction of AR, it is hard to imagine a 3 million dollar company able to grow like it did when it was only a nimble 2.75 trillion-dollar company. I hate to be right again ( my last year prediction) but I think we might revisit 150 by the end of January. And then, of course, we will climb to 250 and beyond. I don't mind the stock dropping, but please God, spare me from the torturous drivel that masquerades as stock analysis. to quote Lily Tomlin "No matter how cynical I try to be, I just can't keep up"
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Post by osx10 on Jan 24, 2022 8:28:09 GMT -8
Are there any quarters coming in 2022 where Apple compares could be off because of reporting periods not having the same amounts of weeks?
Seems like this has been an issue a few times in the past.
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4aapl
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Post by 4aapl on Jan 24, 2022 8:33:46 GMT -8
AAPL RSI below 33. May go lower with the broader market. Down at 30.79 now. AAPL's RSI doesn't make it below 35 too often, occasionally touches around 30, and very rarely gets lower. Looking at the 5 year chart, there's not too many. I remember a touch of 25, and another time a 28. FWIW, pulling up most other stocks, competitors, or indexes shows a worse picture. I'm hoping this isn't like January of 2008 (?), where it was easy to be too focused on AAPL and why it should get back up a little more, while things were falling apart in the rest of the market. It seems to me that aside from the Russia/Ukraine worry, things are mostly good. Earnings across the board will vary, and in many companies things could have gotten ahead of themselves. That could make for a pullback (but less of an all-out drop) or flatness while things reset. MEME stocks and SPACs show the excitement level the most, but even P/E levels on indexes are up. I thought and still think there is some room to run. But timing is always tough to guess at, so maybe I missed it. The next week will be telling.
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chinacat
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Post by chinacat on Jan 24, 2022 8:45:06 GMT -8
I cannot believe that AAPL is back in the 150’s again. This is like a bad dream. Any optimism about the effects of the earnings report, no matter how good it is, has completely disappeared for me.
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Post by archibaldtuttle on Jan 24, 2022 8:52:31 GMT -8
156.50 - below 30 on RSI. This is a very good buying spot for people with dry powder (gathering some of that dry powder is why I try to sell a portion when AAPL is overbought).
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Post by archibaldtuttle on Jan 24, 2022 9:31:16 GMT -8
I posted this last week. Let’s see if my amateur technicals are right. This is not advice. Your mileage may vary. I know people here don't believe in technicals, but my WAG is it AAPL will find a bottom in the 155-158 area over the next few weeks. On the weekly chart, there's a pivot trendline that's served as strong support since the pandemic lows, and that's the price where the stock will meet that trendline.
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CdnPhoto
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Post by CdnPhoto on Jan 24, 2022 9:55:36 GMT -8
Thoughts on selling Puts for Jan 2024? Looking at the $130 price, They're going for $15
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Post by ericinaustin on Jan 24, 2022 10:16:49 GMT -8
Last night transferred money from b of a and it came through about 2 hours ago to buy another 700 shares. May be trying to catch a falling knife but worth the risk in my opinion.
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Post by ericinaustin on Jan 24, 2022 10:17:48 GMT -8
I’ll call it a flight to safety 😃
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CdnPhoto
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Post by CdnPhoto on Jan 24, 2022 10:47:42 GMT -8
The day that changed everything.
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4aapl
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Post by 4aapl on Jan 24, 2022 11:17:13 GMT -8
Thoughts on selling Puts for Jan 2024? Looking at the $130 price, They're going for $15 Seems like a good way to do it, as long as you can afford to buy the shares if things don't go the way you expect. That's the advantage of being bullish and buying bullish calls. You've put your money out there, and if things go wrong the worst that can happen is they go to zero. Puts, like margin, could force your hand. If there are any especially bad times between here and expiration, like a drop down to $95 (randomly picking, but you get the idea, and that would be almost 50% off from the ATH), someone could put the shares to you at $130. That said, I can see ways that it could be advantageous, even though I haven't been one to write puts.
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4aapl
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Post by 4aapl on Jan 24, 2022 11:28:58 GMT -8
I cannot believe that AAPL is back in the 150’s again. This is like a bad dream. Any optimism about the effects of the earnings report, no matter how good it is, has completely disappeared for me. It is surprising how quick things change sometimes, but today's bottom was only 15% off the very recent ATH. OTOH, another way to look at it is in comparison to the past. The current price is roughly double the top from the start of 2020. And it's triple the top from May of 2019. On absolute numbers, this day kinda sucks. But put in perspective from where AAPL has been, while acknowledging that the whole market is being affected, and Apple is likely in a much better position than just about any company out there, this is just another wave in the ocean in a long term voyage. A big wave. But it too will pass. (FWIW, I really like stocks.app's display of mini charts while looking down the list, especially on days like today. It's easy to see almost everything on similar paths, including the bounce off the bottom.)
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Post by duckpins on Jan 24, 2022 11:55:01 GMT -8
rather have a call out of the money. Puts eat up margin if you are not careful. Calls don't. Plus the gain is limited to the sales price. If Apple doubles you are still having to keep X dollars in the account to cover puts or by them back.
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Post by duckpins on Jan 24, 2022 12:25:30 GMT -8
Activision is being bought for 95 by MSFT and is trading at 79? Anyone have the inside story? First why are the execs. of ATci selling at 95 when before the company was much higher? And why is the market skeptical about this purchase? And why is the value of this gamer going down? I thought Call Of Booty appealed to most adolescent gamers?
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CdnPhoto
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Post by CdnPhoto on Jan 24, 2022 13:26:05 GMT -8
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Post by CdnPhoto on Jan 24, 2022 15:08:27 GMT -8
Since that, IBM lost almost all of that gain.
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