|
Post by CdnPhoto on May 23, 2024 3:20:12 GMT -8
AAPL is up slightly at $190.99 +0.09 (+0.05%) AAPL RSI is 69.84 NVDA had it's earnings last night. They did great. AI is alive! They also announced a 10 for 1 split. Speaking of NVDA and RSI, I looked at NVDA's RSI chart. ![](https://i.postimg.cc/PJL8Vwxr/NVDA-RSI.jpg) You'll notice an extended period of "over bought" (the green in the top chart). This didn't bring NVDA down. It just kept going. The RSI was well over 80 at points. Let's keep going with AAPL!
|
|
|
Post by CdnPhoto on May 23, 2024 3:21:22 GMT -8
Continuing from yesterday's discussion on Copilot+PC ![](https://www.geekculture.com/joyoftech/joyimages/3083.png)
|
|
|
Post by sponge on May 23, 2024 9:40:25 GMT -8
I guess there is only so much money floating around. Apple is going down like I expected, but it seems to be going into NVDA. I figured they would bring us down not move in opposite directions. That stock split really got the party going for them.
The market makes little sense most of the time.
When Taiwan and China finally clash, I can see all these chip companies dropping 90%,
|
|
|
Post by duckpins on May 23, 2024 10:18:12 GMT -8
When Taiwan and China finally clash, I can see all these chip companies dropping 90%,
That is an awful thought. Did you ask the co pilot about that!? Considering Russian failure in Ukraine might give the most aggressive Chinese second thoughts. But there are always those who want wars. During the Cuban Missile crises the generals on both sides were convinced they would win a nuclear war so gung ho! Look at the middle east.
For apple a pull back for the market possibly a turn down for a while. After hours I noticed most of the usual suspects did not follow NVDA onwards and upwards. Bad moon rising. Full moon today as well. NVDA first to 10 trillion in a few years?
Apple TV, Netflix and Peacock in a 15 a month bundle. Whoever is doing sports on apple TV needs to look at the numbers of people who watch same. Tennis is rapidly growing as evidenced by the money the players are making. Huge increases. WNBA time to grab these with a long term deal.
|
|
|
Post by CdnPhoto on May 23, 2024 11:13:18 GMT -8
It's not just AAPL that money is flowing out of towards NVDA. TSLA seems to be selling off too
|
|
|
Post by pauls on May 23, 2024 11:35:05 GMT -8
I got 99 problems, but a little of my AAPL flowing into my NVDA is not one of them! Crazy ride.
When I bought NVDA in 2018 in the post-crypto swoon (while trying to diversify away from being grossly overweight AAPL), I had no idea we'd see NVDA threatening AAPL market cap.
Love the split, math be damned. Also, love the under-promising, over-delivering bold leadership, reminds me of another great leader.
|
|
|
Post by Luckychoices on May 23, 2024 14:35:02 GMT -8
The market makes little sense most of the time.
This is why being a buy-and-hold investor works the very best for me and for most people. I read a comment yesterday from someone who identified himself as a stock **"Swing Trader" and I couldn't even *imagine* doing that. What's more, I didn't even *want* to imagine doing that. 😎 12 Types of Investors: How to Find Your Niche in the Stock MarketBuy and Hold Investors Value Investors Growth Investors GARP Investors Dividend Investors Momentum Investors Trend Followers Momentum Traders Swing Traders Day Traders Scalpers Short Sellers **Swing Traders: Swing traders attempt to capture the price movements that occur within a longer-term trend. The job of a swing trader is to identify potential turning points and then wait for signs of a reversal. Swing traders usually trade in the direction of a primary trend, but can also trade against the trend. Profits are taken when the stock price reaches the opposite side of the trading range or trend channel.
|
|
|
Post by CdnPhoto on May 23, 2024 16:05:13 GMT -8
|
|