JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Apr 25, 2014 12:12:27 GMT -8
To state the obvious, so nice to be green when the NASDAQ is down 73. Has that ever happened before? On a Friday OpEx no less. Not just relative strength, flight to safety! I know it's just one week, and euphoria tends to wear off, but we have a split coming. And an iPhone 6. And the Next Innovativey Thing.™ BTW, since when does Apple reveal upcoming products or services in interviews? For all we know, iPhone 6 will have PoS doodads in it. Cagey Tim Cook is cagey. Last thing Apple needs is Samsung starting up its 3D photocopiers one day sooner than necessary. I'd say the bar is open, but I am already hungover.
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Post by phoebear611 on Apr 25, 2014 13:05:18 GMT -8
This market was sold over the Ukraine issue. This thing is going to play out for a while. Putin will continue to push his way and until the US and Europe put the proverbial economic screws in a very big way to them - no one will be willing to discuss anything. That's what ended up bringing Iran to the table - albeit after a long time but nonetheless it worked. Hard to understand for someone who is idealistic but in the end...it's all about the $$$$. This is why I think the market will be stronger next week...and so will AAPL. Just my two cents.
PS I can't tell you how happy I am about AAPL but I may actually be just as happy about AMZN! Someone must have screamed out that the king (Jeff Bezos) was actually wearing no clothes....FINALLY!
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Ted
fire starter
Posts: 882
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Post by Ted on Apr 25, 2014 13:51:47 GMT -8
This market was sold over the Ukraine issue. This thing is going to play out for a while. Putin will continue to push his way and until the US and Europe put the proverbial economic screws in a very big way to them - no one will be willing to discuss anything. That's what ended up bringing Iran to the table - albeit after a long time but nonetheless it worked. Hard to understand for someone who is idealistic but in the end...it's all about the $$$$. This is why I think the market will be stronger next week...and so will AAPL. Just my two cents. PS I can't tell you how happy I am about AAPL but I may actually be just as happy about AMZN! Someone must have screamed out that the king (Jeff Bezos) was actually wearing no clothes....FINALLY! Eeww, naked Jeff Bezos! (Like a rat in the toilet!) Yup, a great end to the week on many fronts. I just listened to the CC, and it's true TC sounded confident, assertive, opTIMistic, focused . . . I'm feeling much better now about a certain time frame ending Jan 2015. A good weekend to all!
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Post by artman1033 on Apr 25, 2014 14:11:39 GMT -8
FWIW from WSJ:
Mortgage lending declined to the lowest level in 14 years in the first quarter as homeowners pulled back sharply from refinancing and house hunters showed little appetite for new loans, the latest sign of how rising interest rates have dented the housing recovery.
Lenders originated $235 billion in mortgage loans during the January-March quarter, down 58% from the same period a year ago and down 23% from the fourth quarter of 2013, according to industry newsletter Inside Mortgage Finance.
The decline shows how the mortgage market is experiencing its largest shift in more than a decade as an era of generally falling interest rates that began in 2000 appears to have run its course. The average 30-year fixed-rate mortgage stood at 4.5% last week, up from 3.6% last May, when interest rates shot up in reaction to the Federal Reserve's initial indication that it might reduce a bond-buying campaign that was, in part, designed to keep a lid on long-term rates like mortgages.
The decline in mortgage lending last quarter stemmed almost entirely from the slide in refinancing. Loans for home purchases were basically flat from a year earlier and down from the fourth quarter.
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Post by artman1033 on Apr 25, 2014 14:20:34 GMT -8
Apple to offer 20 MILLION additional shares of AAPL worth up to $10.5 BILLION to employees under the Apple Inc. 2014 Employee Stock Plan. www.sec.gov/Archives/edgar/data/320193/000119312514160171/d715382ds8.htmI BELIEVE the employees plan has "109,477,027 Shares (which is the sum of (1) the 55,000,000 Shares set forth above, plus (2) the number of Shares available for new award grants under the 2003 Plan on November 11, 2013, plus (3) the aggregate number of Shares subject to stock options previously granted and outstanding under the 2003 Plan as of November 11, 2013, plus (4) two (2) (the Full-Value Award Ratio) times the aggregate number of Shares subject to restricted stock and restricted stock units previously granted and outstanding under the 2003 Plan as of November 11, 2013)." www.sec.gov/Archives/edgar/data/320193/000119312514160171/d715382dex41.htmSO I think it is now 129 MILLION shares.
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Post by ericinaustin on Apr 25, 2014 14:29:21 GMT -8
Sentiment shift is a very hard thing to spot and can occur suddenly or gradually. Never the less, it can be very important. Though the value investor in me doesn't like to admit it , it can mean a lot over a sustained price move over a few quarters or more . Kind of like turbo charging a motor.
Going up today after yesterday's run really seems like strong evidence that sentiment has turned positive. First time I have seen that kind of counter market strength in apple since we made the last run to 700. It's still early but it really gives me confidence that this thing has legs.
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