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 Mar 3, 2023 2:29:19 GMT -8
Good morning, it’s Friday. We have a green pre-market this morning at +0.81% at this moment. So how will this week end and will we recover some of the weeks losses?
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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 Mar 3, 2023 2:36:57 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 Mar 3, 2023 2:46:33 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Mar 3, 2023 6:04:30 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Mar 3, 2023 8:50:33 GMT -8
Here’s an article I just came across, as a follow-up to yesterday’s discussion:
LSU star gymnast Olivia Dunne recently promoted Caktus Artificial Intelligence, a platform used by students to automate homework, on her TikTok account. Caktus AI markets itself as the “first ever educational artificial intelligence,” and Dunne posted the video to her 7.2 million TikTok followers, where she shows herself using the AI tool. After Dunne’s video was posted, LSU released a statement that expressed concern over students using AI to help them with their work, though it does not specifically mention Dunne or Caktus AI. “At LSU, our professors and students are empowered to use technology for learning and pursuing the highest standards of academic integrity,” the school said, via The Advocate. “However, using AI to produce work that a student then represents as one’s own could result in a charge of academic misconduct, as outlined in the Code of Student Conduct.”
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Post by zebrum on Mar 3, 2023 11:17:29 GMT -8
"Morgan Stanley raises target to $180" via investing.comConservative given the all time high is $180.68
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Post by duckpins on Mar 3, 2023 11:20:40 GMT -8
Apple filled its gap and then bounced off the merging 200 and 250 day MA with another gap up. A bounce to 158 or so would make a higher high which technicians like to see. Feb was actually an up month though the last 9 trading days made it seem like a downer.
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Post by duckpins on Mar 3, 2023 11:24:35 GMT -8
Of note todays Max Pain is 155 with a slightly lower spike at 150. Next week is the opposite. So with he call sellers rebalance with a shift to selling the 155s and 160s or will the market pause to reduce the value of the 150s? Short term traders can place their bets by selling 150 puts and buying the 145s for a relative safe but low profit trade. Going a level higher is riskier. But probably more profit.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Mar 3, 2023 19:19:36 GMT -8
A +5 day, and the county snowblower came by. This must be my lucky day!
Lots of snow and lots of cold. Costco is selling bulbs and seeds like spring is here. Looking forward to it, but we have another month or two.
The market and AAPL are green too. Hopefully it lasts a while, but it seems we are in the middle ground, optimistic for days or weeks, and then pessimistic. In general it seems like this will continue for months, but a continued overall upward trend will be appreciated
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Post by duckpins on Mar 4, 2023 11:22:19 GMT -8
"Lots of snow and lots of cold. Costco is selling bulbs and seeds like spring is here. Looking forward to it, but we have another month or two."
The groundhog called it!
The Max Pain has suddenly flipped to the middle range of 152.5.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Mar 4, 2023 14:56:04 GMT -8
The Max Pain has suddenly flipped to the middle range of 152.5. Otoh, it’s important to remember when certain signals don’t hold. AAPL was below its 50 day for a couple closes, but still moved up. With style! Each time is a little different. These various technicals are more like counting cards. It’s not a given, but the probabilities might be pointing a certain way. (Fwiw, 21 with Kevin spacey was pretty good)
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