Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Sept 2, 2022 1:10:22 GMT -8
Good morning. We once again have green in our pre-market at +0.20% at this moment. How will this trading week end?
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Sept 2, 2022 4:33:56 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Sept 2, 2022 4:47:10 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Sept 2, 2022 7:10:02 GMT -8
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Post by archibaldtuttle on Sept 2, 2022 9:36:42 GMT -8
Pretty ugly rejection in the last hour of the oversold bounce we had yesterday. It was testing the 200MA, but instead of getting above it, it whooshed down. Now we're back at the 50MA. You can see how SPY also tried to get above its 50MA and failed.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Sept 2, 2022 11:11:09 GMT -8
Pretty ugly rejection in the last hour of the oversold bounce we had yesterday. It was testing the 200MA, but instead of getting above it, it whooshed down. Now we're back at the 50MA. You can see how SPY also tried to get above its 50MA and failed. Next week’s special event may be the catalyst that pushes it above that moving average, at least for a few hours anyway. Thanks for the heads-up.
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Post by archibaldtuttle on Sept 2, 2022 11:42:41 GMT -8
AAPL is now flat year-over-year. Around Labor Day 2021, AAPL was at 155. Better than the S&P, which is down 13% in the last year.
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Post by nwjade on Sept 2, 2022 13:45:13 GMT -8
AAPL is now flat year-over-year. Around Labor Day 2021, AAPL was at 155. Better than the S&P, which is down 13% in the last year. AAPL PE was ~30 then vs 25.75 currently so that's a positive at least.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Sept 3, 2022 1:44:25 GMT -8
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