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Post by CdnPhoto on May 31, 2024 3:18:58 GMT -8
AAPL is currently at $190.84 -0.45 (-0.24%) RSI for AAPL is 65.99 RSI for DOW is down to 34.81
This might be setting us up for a nice climb in to and after WWDC.
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Post by CdnPhoto on May 31, 2024 3:23:25 GMT -8
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Post by CdnPhoto on May 31, 2024 4:54:38 GMT -8
Bringing Duckpin's last comment from yesterday's thread up. Worth noting is the 192.5 calls are still worth slightly less than 50 cents. AAPL is 1 point below the strike. Just seems a little high. Max pain volume is 192.5 while strike max pain is 195? Not sure how that works. Tomorrow should be interesting.
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ono
Member
posted
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Post by ono on May 31, 2024 6:08:01 GMT -8
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4aapl
Moderator
Posts: 3,845
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Post by 4aapl on May 31, 2024 8:33:47 GMT -8
Bringing Duckpin's last comment from yesterday's thread up. Worth noting is the 192.5 calls are still worth slightly less than 50 cents. AAPL is 1 point below the strike. Just seems a little high. Max pain volume is 192.5 while strike max pain is 195? Not sure how that works. Tomorrow should be interesting. Right now it looks like $190 will be the number. There's a lot of open interest on the puts at $190, and not much at $192.5. For the options it makes sense for it to fall to this level, and look at that daily volume on the 192.5 calls. A lot of hopeful trading happened, that was then squashed. The open interest isn't huge on anything, but trading volume in the stock has been kinda quiet lately. It's been 2 weeks since the daily volume on the stock has been above the average.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,313
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Post by Dave on May 31, 2024 10:02:54 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,313
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Post by Dave on May 31, 2024 10:05:11 GMT -8
Also, last Friday of the month, last day of the month.
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Post by bud777 on May 31, 2024 10:41:36 GMT -8
I have a few thoughts on how AI may affect Apple. Most if this has probably already ben said, but ignoring what is out there is the only way I can protect my orginality. I think we are potentially at the beginning of a fundamental change in not just computers, but very way that computers enter our life. When the internet emerged in the early 90's, an enormous amount of information became avaiable. providing access to this information was the key role of the iPhone and what made Apple what it it today. Suddenly anyone could look up any obscure fact they needed. Scholarship is still needed to provide the context and to guide the search, but answers no longer required a visit to a research librarian. Finding the information however, did require skill with search engines and patience as well as a knowledge of the U/I of the search tools. Having been both a research librarian and a U/I designer, i remember that the hardest part of creating the tools was trying to group interface choices in a logical, useful way. Think about the pulldown menus on your least favorite Microsoft program. Think about how they change with every revision. Once we learn it, it is not too bad, but the point here is that we have to learn ( and re-learn it). AI can take that burden from us. The interaction with the computer can be conversational. Parameters can be provided int any order we want and the program will ask for what it needs. If it makes a mistake we can correct it and it will learn. Imagine that you had a personal assistant who knew every computer program interface, and understood the vocabulary of your business. You would tell them what you wanted and they would figure out how to get it.They would write any programs needed to do what you wanted with it and display the results as you asked them to. Now imagine that embedded in the AI in your computer. This dream has been around siince the 50's and I think it is within reach. I cannot wait for WWDC. If this is all old hat, I apologize. If it exists, tell me where to find it and I won't need to ask for anything again ![:)](//storage.proboards.com/forum/images/smiley/smiley.png)
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Post by duckpins on May 31, 2024 11:29:00 GMT -8
NVDA has a nice head and shoulders inverse formation for you tea leave readers. More or less that means bullish even though most time you hear head and shoulders you think bear. But now it has completed the projected rise, calculation made from the neckline, more or less chart voodoo. But be it so. This completion now calls for a holding period or down some or a consolidation. Big sell of in NVDA, that would be a buy for me. Let's watch.
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Post by CdnPhoto on May 31, 2024 12:06:18 GMT -8
I have a few thoughts on how AI may affect Apple. Most if this has probably already ben said, but ignoring what is out there is the only way I can protect my orginality. I think we are potentially at the beginning of a fundamental change in not just computers, but very way that computers enter our life. When the internet emerged in the early 90's, an enormous amount of information became avaiable. providing access to this information was the key role of the iPhone and what made Apple what it it today. Suddenly anyone could look up any obscure fact they needed. Scholarship is still needed to provide the context and to guide the search, but answers no longer required a visit to a research librarian. Finding the information however, did require skill with search engines and patience as well as a knowledge of the U/I of the search tools. Having been both a research librarian and a U/I designer, i remember that the hardest part of creating the tools was trying to group interface choices in a logical, useful way. Think about the pulldown menus on your least favorite Microsoft program. Think about how they change with every revision. Once we learn it, it is not too bad, but the point here is that we have to learn ( and re-learn it). AI can take that burden from us. The interaction with the computer can be conversational. Parameters can be provided int any order we want and the program will ask for what it needs. If it makes a mistake we can correct it and it will learn. Imagine that you had a personal assistant who knew every computer program interface, and understood the vocabulary of your business. You would tell them what you wanted and they would figure out how to get it.They would write any programs needed to do what you wanted with it and display the results as you asked them to. Now imagine that embedded in the AI in your computer. This dream has been around siince the 50's and I think it is within reach. I cannot wait for WWDC. If this is all old hat, I apologize. If it exists, tell me where to find it and I won't need to ask for anything again ![:)](//storage.proboards.com/forum/images/smiley/smiley.png) That reminded me of the Knowledge Navigator
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4aapl
Moderator
Posts: 3,845
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Post by 4aapl on May 31, 2024 12:07:42 GMT -8
Bringing Duckpin's last comment from yesterday's thread up. Right now it looks like $190 will be the number. There's a lot of open interest on the puts at $190, and not much at $192.5. For the options it makes sense for it to fall to this level, and look at that daily volume on the 192.5 calls. A lot of hopeful trading happened, that was then squashed. The open interest isn't huge on anything, but trading volume in the stock has been kinda quiet lately. It's been 2 weeks since the daily volume on the stock has been above the average. I'm happy to be wrong on this. Nasdaq flat, S&P up .8%, Dow up 1.5%. That's not something you expect to see everyday. Seems like someone decide to bet on big non-tech companies, and pulled AAPL upward with it a little. Nice to have green going into the weekend!
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Post by CdnPhoto on May 31, 2024 12:08:15 GMT -8
Bringing Duckpin's last comment from yesterday's thread up. Worth noting is the 192.5 calls are still worth slightly less than 50 cents. AAPL is 1 point below the strike. Just seems a little high. Max pain volume is 192.5 while strike max pain is 195? Not sure how that works. Tomorrow should be interesting. Close to the $192.50 mark. Off by a few cents. I'm actually surprised base on how the day was going that we closed green.
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mark
fire starter
Posts: 1,624
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Post by mark on May 31, 2024 14:40:32 GMT -8
Right now it looks like $190 will be the number. There's a lot of open interest on the puts at $190, and not much at $192.5. For the options it makes sense for it to fall to this level, and look at that daily volume on the 192.5 calls. A lot of hopeful trading happened, that was then squashed. The open interest isn't huge on anything, but trading volume in the stock has been kinda quiet lately. It's been 2 weeks since the daily volume on the stock has been above the average. I'm happy to be wrong on this. Nasdaq flat, S&P up .8%, Dow up 1.5%. That's not something you expect to see everyday. Seems like someone decide to bet on big non-tech companies, and pulled AAPL upward with it a little. Nice to have green going into the weekend! NASDAQ was way way down at around noon, so it recovered very nicely into the close. ![](https://ibb.co/wrkJP7p)
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Post by duckpins on Jun 2, 2024 8:34:06 GMT -8
Any comments or thoughts on the strong close across the board? What happens next week?
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,313
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Post by Dave on Jun 2, 2024 14:45:16 GMT -8
Any comments or thoughts on the strong close across the board? What happens next week? One month’s ending, and the next month’s starting. Optimism. ![:D](//storage.proboards.com/forum/images/smiley/grin.png)
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