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Post by phoebear611 on May 8, 2013 2:24:26 GMT -8
AAPL a nice shade of green in PM. Let's see if we get a little lift today. Every major newspaper and media outlet talking about Dow 15,000 ... is retail getting tempted to take the plunge in the overall market yet? Yesterday Ameritrade mentioned to a reporter that AAPL is their client's largest holding saying that the dividend/value players in their retail base started buying the stock as it hung around the $400 level for a while. Meanwhile...today and tomorrow are the last days to buy it before it goes XD on Friday which is weekly options expiration. On the flip side, we have the world waiting for the much anticipated pullback to what now seems to be the $431-433 area. If I have learned anything this past year it is to expect the unexpected. Good luck to all today.  |
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platon
Member
"All we can know is that we know nothing. And that's the height of human wisdom.? Tolstoy
Posts: 3,944
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Post by platon on May 8, 2013 3:03:53 GMT -8
AAPL a nice shade of green in PM. Let's see if we get a little lift today. Every major newspaper and media outlet talking about Dow 15,000 ... is retail getting tempted to take the plunge in the overall market yet? Yesterday Ameritrade mentioned to a reporter that AAPL is their client's largest holding saying that the dividend/value players in their retail base started buying the stock as it hung around the $400 level for a while. Meanwhile...today and tomorrow are the last days to buy it before it goes XD on Friday which is weekly options expiration. On the flip side, we have the world waiting for the much anticipated pullback to what now seems to be the $431-433 area. If I have learned anything this past year it is to expect the unexpected. Good luck to all today. Phoebear, From what I understand you have to own the stock as of close today to reap the divi. Any transaction after the close trades ex-dividend. This is the way it was explained to me and if this is not accurate I hope someone explains exactly how it works. |
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Post by phoebear611 on May 8, 2013 3:12:51 GMT -8
AAPL a nice shade of green in PM. Let's see if we get a little lift today. Every major newspaper and media outlet talking about Dow 15,000 ... is retail getting tempted to take the plunge in the overall market yet? Yesterday Ameritrade mentioned to a reporter that AAPL is their client's largest holding saying that the dividend/value players in their retail base started buying the stock as it hung around the $400 level for a while. Meanwhile...today and tomorrow are the last days to buy it before it goes XD on Friday which is weekly options expiration. On the flip side, we have the world waiting for the much anticipated pullback to what now seems to be the $431-433 area. If I have learned anything this past year it is to expect the unexpected. Good luck to all today. Phoebear, From what I understand you have to own the stock as of close today to reap the divi. Any transaction after the close trades ex-dividend. This is the way it was explained to me and if this is not accurate I hope someone explains exactly how it works. Ah...AAPL stock goes XD TOMORROW, May 9th. So yes, today is the last day to buy the stock in order to receive the dividend. (For some reason I thought Friday was the 9th). So yes - AFTER TODAY - you do not receive the dividend. That being said, my understanding is that anything done in pre-market and after hours is included for a dividend as long as your time stamp says it was bought today. You may want to check with your respective brokers .... Actually Seeking Alpha has this little piece of info: If you were to buy a stock before the ex-dividend date, no matter if in pre-market trading, regular trading or after-hours trading, you do qualify for the dividend.
If you were to buy on or after the ex-dividend-date, whether in pre-market trading, regular trading, or after-hours trading, you do not qualify for the dividend.
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Post by artman1033 on May 8, 2013 3:59:42 GMT -8
T-Mobile released full first quarter financials late Tuesday evening, adding that it has also sold more than 500,000 iPhones since it began selling the iPhone on April 12.
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Deleted
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Post by Deleted on May 8, 2013 4:24:48 GMT -8
OI suggests it will take some institutional and/or Apple purchases to go any higher this week.  |
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Post by sponge on May 8, 2013 6:31:55 GMT -8
Nice turn around this morning. A few more cents and my long stock portion of the account will turn green for the first time this year.
Still planning on selling the shares I bought yesterday either tomorrow or Friday. We seem to have momentum so we may keep going towards 470 by Friday.
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Deleted
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Post by Deleted on May 8, 2013 7:02:32 GMT -8
Nice turn around this morning. A few more cents and my long stock portion of the account will turn green for the first time this year. Still planning on selling the shares I bought yesterday either tomorrow or Friday. We seem to have momentum so we may keep going towards 470 by Friday. I would be really surprised if we see $470 by then. |
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Post by sponge on May 8, 2013 7:03:07 GMT -8
No surprise that GOOG is up almost 2% while we barely make 1%. When GOOG hits 1000 is when we will start the slow reversal. I give it another 7 months.
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Post by sponge on May 8, 2013 7:03:42 GMT -8
Nice turn around this morning. A few more cents and my long stock portion of the account will turn green for the first time this year. Still planning on selling the shares I bought yesterday either tomorrow or Friday. We seem to have momentum so we may keep going towards 470 by Friday. I would be really surprised if we see $470 by then. What do you see? |
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Post by dreamRaj on May 8, 2013 7:23:52 GMT -8
No surprise that GOOG is up almost 2% while we barely make 1%. When GOOG hits 1000 is when we will start the slow reversal. I give it another 7 months. Speaking of GOOG, I saw this on 'the fly on the wall' site. Apple spikes higher from the lows, levels to watchThe stock has taken off to the upside from early lows in an intraday pattern almost exactly that of Google (GOOG) which is trading at session highs as well. At the current price of $463.01, next resistance is at $464.52. Support is at $460.53. Traders for today at least may want to track the high correlation of Google and Apple as it is relatively rare and may be a footprint of a buy program. |
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Deleted
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Post by Deleted on May 8, 2013 7:55:19 GMT -8
I would be really surprised if we see $470 by then. What do you see? I believe trading of the past few days to have been driven, in part, by the dividend. Once we go ex-div I think much of the short term momentum will evaporate. I sold my Weekly $450/$455 BCSs this morning for $4.72. I'm looking to re-enter, for next week, tomorrow on a weak ($10?) dip. I'll be looking at the $435/$440 BCS or the $440/$445 BCS. My goal is a 25% ROI ($3.95) for the week. |
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Post by qualitywte on May 8, 2013 8:18:40 GMT -8
I believe trading of the past few days to have been driven, in part, by the dividend. Once we go ex-div I think much of the short term momentum will evaporate. I sold my Weekly $450/$455 BCSs this morning for $4.72. I'm looking to re-enter, for next week, tomorrow on a weak ($10?) dip. I'll be looking at the $435/$440 BCS or the $440/$445 BCS. My goal is a 25% ROI ($3.95) for the week. I wonder if whoever is buying back the shares (Apple buyback) are also looking for dips, and if so, they are aware of the ex-div date and maybe waiting to pounce. |
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Post by appledoc on May 8, 2013 8:27:55 GMT -8
The longer we stay above the SMA100 here, the better.
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Post by sponge on May 8, 2013 8:33:09 GMT -8
I believe trading of the past few days to have been driven, in part, by the dividend. Once we go ex-div I think much of the short term momentum will evaporate. I sold my Weekly $450/$455 BCSs this morning for $4.72. I'm looking to re-enter, for next week, tomorrow on a weak ($10?) dip. I'll be looking at the $435/$440 BCS or the $440/$445 BCS. My goal is a 25% ROI ($3.95) for the week. I wonder if whoever is buying back the shares (Apple buyback) are also looking for dips, and if so, they are aware of the ex-div date and maybe waiting to pounce. I was thinking the same thing. We could give up a few points tomorrow,but it could be short lived. Friday will be the more interesting day. |
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Post by podboy on May 8, 2013 9:13:48 GMT -8
Over 1 million calls traded today vs. 134K puts...so far
Going to be a record breaking volume of calls today.
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Post by macwire on May 8, 2013 9:22:25 GMT -8
The longer we stay above the SMA100 here, the better. Yes. Looking to build some strength |
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Post by sponge on May 8, 2013 9:30:22 GMT -8
What is the 100SMA? I have 457
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Deleted
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Post by Deleted on May 8, 2013 9:31:18 GMT -8
I wonder if whoever is buying back the shares (Apple buyback) are also looking for dips, and if so, they are aware of the ex-div date and maybe waiting to pounce. I was thinking the same thing. We could give up a few points tomorrow,but it could be short lived. Friday will be the more interesting day. I think Friday is going to pin at $460. |
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Post by Big Al on May 8, 2013 9:37:22 GMT -8
*Whispering* "I see dead people" ...sorry Sponge, I couldn't resist  |
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Post by sponge on May 8, 2013 9:44:07 GMT -8
*Whispering* "I see dead people" ...sorry Sponge, I couldn't resist LOL |
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Post by appledoc on May 8, 2013 9:50:26 GMT -8
What is the 100SMA? I have 457 462ish |
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Post by lance on May 8, 2013 10:40:24 GMT -8
The market feels silly overly positive. Apple seems fairly priced but the market feels like it seriously overcooked. I wouldn't put a dime in the overall market at these prices. The rise is the past few weeks is too steep to maintain. Multiple % up each week is not sustainable.
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Post by podboy on May 8, 2013 10:48:57 GMT -8
The market feels silly overly positive. Apple seems fairly priced but the market feels like it seriously overcooked. I wouldn't put a dime in the overall market at these prices. The rise is the past few weeks is too steep to maintain. Multiple % up each week is not sustainable. Great. Short it then. |
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Deleted
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Post by Deleted on May 8, 2013 10:57:39 GMT -8
The market feels silly overly positive. Apple seems fairly priced but the market feels like it seriously overcooked. I wouldn't put a dime in the overall market at these prices. The rise is the past few weeks is too steep to maintain. Multiple % up each week is not sustainable. Great. Short it then. My thoughts exactly. |
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Post by archibaldtuttle on May 8, 2013 10:59:10 GMT -8
AAPL fairly valued? I don't think so.
I agree that the larger market will probably have a pullback at some point. The million dollar question is, can AAPL continue to go up with the market consolidating?
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Post by artman1033 on May 8, 2013 11:07:25 GMT -8
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Deleted
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Post by Deleted on May 8, 2013 11:48:09 GMT -8
That's funny, I was reading the link assuming it was a news report. But it read like a PR. OMG, it was an item description on an online store! Looks to me as though Android manufacturers are eating each other alive in their race to the bottom. |
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Post by macwire on May 8, 2013 11:50:09 GMT -8
The market feels silly overly positive. Apple seems fairly priced but the market feels like it seriously overcooked. I wouldn't put a dime in the overall market at these prices. The rise is the past few weeks is too steep to maintain. Multiple % up each week is not sustainable. Spy still looks healthy. Macd curling up and RSI not quite yet to that magical 70 overbought signal... FWIW. On the daily. I don't see tremendous negative divergence. Yet. RSI is not making new highs on higher highs either tho... |
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Post by appledoc on May 8, 2013 12:15:28 GMT -8
The run up is cycling through different sectors. One sector rises, the other takes a breather. That's why the rally keeps on extending.
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Post by lovemyipad on May 8, 2013 13:48:44 GMT -8
The market feels silly overly positive. Apple seems fairly priced but the market feels like it seriously overcooked. I wouldn't put a dime in the overall market at these prices. The rise is the past few weeks is too steep to maintain. Multiple % up each week is not sustainable. While I agree with you, don't fight the tape. If you can't be long the broad market (I can't), just don't short the indices right now (I'm resisting) because trapped shorts are fueling things higher. |
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