Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Nov 3, 2022 1:45:37 GMT -8
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Post by archibaldtuttle on Nov 3, 2022 5:47:49 GMT -8
It’s one of those “worst week since ____” weeks.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Nov 3, 2022 7:09:11 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Nov 3, 2022 7:14:08 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Nov 3, 2022 8:53:50 GMT -8
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Post by duckpins on Nov 3, 2022 10:01:20 GMT -8
"Apple is now worth more than Alphabet, Amazon, and Meta combined. Let that sink in for a minute." Problem is when the hedge funds see that they want to go after Apple. They make more on these quick dives down than the slow moves up.
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Post by duckpins on Nov 3, 2022 10:16:04 GMT -8
Large gap down on AAPL. Good news is gaps are filled. Bad news is when? This makes an island top. Support at 134 and then 129 or so. So lets see how much they can take off the price. I thought it was odd that there was not a gap up after the Earnings report. See the Saudis want to build an EV that is driverless. They could market it as a headless vehicle?
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Post by hledgard on Nov 3, 2022 10:57:19 GMT -8
Can't help thinking there is a elephant in the room for AAPL - (1) the re-election of Qi in China to give him great power and (2) the situation regarding Taiwan and a possible takeover.
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Post by duckpins on Nov 3, 2022 12:02:13 GMT -8
Another war is the last thing we need. Seems like the FED sucked all the money out of the market. I guess they won't be happy until they are happy.
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Post by archibaldtuttle on Nov 3, 2022 14:00:29 GMT -8
Meltdown in the market but particularly in AAPL. SPY down 1.3% Nasdaq down 2%, but AAPL down 5%? With no news except Fed? Maybe it’s the China COVID lockdowns, but it’s hard to say.
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Post by archibaldtuttle on Nov 3, 2022 14:06:36 GMT -8
Unless we have a rebound tomorrow, this will be the worst week for AAPL (-10%) since March 20, 2020
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Post by nwjade on Nov 3, 2022 14:14:22 GMT -8
Unless we have a rebound tomorrow, this will be the worst week for AAPL (-10%) since March 20, 2020 Really discouraging being an 'Investor' in this market for sure...
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on Nov 3, 2022 15:24:48 GMT -8
"Apple is now worth more than Alphabet, Amazon, and Meta combined. Let that sink in for a minute." Problem is when the hedge funds see that they want to go after Apple. They make more on these quick dives down than the slow moves up. I doubt that hedge funds needed to get that news from Yahoo!finance.
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Post by hledgard on Nov 3, 2022 18:20:49 GMT -8
It has been a tough time for the other FAANG stocks. It is getting tough now for AAPL(and us), just hope we weather the storm.
On related matters, and for what it is worth, I think Netflix offers a really good service. Despite the competition, I think it's future is good.
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