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Post by phoebear611 on Dec 10, 2014 3:44:04 GMT -8
Good morning ~ It's Wednesday and also " Over the Hump Day" but have we gotten over the hump on AAPL? Perhaps. AAPL is GREEN this morning...currently at $114.68 (+0.56) in the wee hours of the morning. Article on CNBC's site suggesting that last week's glitch foretold what was about to happen with AAPL. The "Fat Finger" trade was a large sell order by a hedge fund trying to lock in gains with a winning stock in his portfolio for year-end purposes. It should have probably been entered as a limit order however we should have all realized that it was a large sell order which would continue to be executed thus pressuring the stock. Brain surgeon, Steve Grasso makes a deeply insightful observation: "There's always a big sell order behind a fat finger," said Steve Grasso, "Think about it. The guy wasn't trying to order lunch but instead sold Apple." apple insider reporting: Google's Nexus 6 abandoned fingerprint sensor after failed attempt to catch up with Apple's Touch ID This whole iPod antitrust case needs to go away...it's going from absurd to morbid. 9 to 5 Mac reporting that Apple is fighting media requests to air Steve Jobs deposition from iPod antitrust suit. The company’s lawyers are accusing the media of wanting to see “a dead man.” The whole thing is sick. The Verge is carrying a similar story. Yahoo Finance and Business Insider reporting AAPL's new ad campaign: Use Pay and you could get a "Priceless Surprise" from Gwen Stefani. Mastercard has enlisted the help of The Voice judge and No Doubt singer Gwen Stefani to front a new campaign that will see the credit card company reward customers for using Pay. Will be interesting to see the ads...could be fun. I have often enjoyed the Mastercard "Priceless" ads. The gist of the article is that more education needs to happen on Pay in order to engage more users. It seems that on Black Friday there was low Pay usage - two largest drivers were that 31% of consumers did not realize Pay was accepted within the store, and 21% simply forgot to use it. I posted an article in yesterday's thread in China Daily about Alibaba and Apple quietly building a strong alliance - positive for the stock. Here's the article in case you missed it: www.chinadaily.com.cn/business/tech/2014-12/10/content_19054696.htmFutures looking slightly red this morning ~ some tech blogs saying that the year-end run with AAPL began with yesterday's reversal ~ we shall see. To evoke since84's rally cry: "Let's make some money today!"
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Post by rickag on Dec 10, 2014 4:27:45 GMT -8
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coma
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Posts: 523
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Post by coma on Dec 10, 2014 5:43:04 GMT -8
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Post by artman1033 on Dec 10, 2014 5:59:54 GMT -8
ZOUNDS! it is here everybody! this is THE big deal! Plan Flight (Travel and Transportation) addresses the major expense of all airlines—fuel—permitting pilots to view flight schedules, flight plans, and crew manifests ahead of time, report issues in-flight to ground crews, and make more informed decisions about discretionary fuel. Passenger+ (Travel and Transportation) empowers flight crews to offer an unmatched level of personalized services to passengers in-flight—including special offers, re-booking, and baggage information. Advise & Grow (Banking and Financial Markets) puts bankers on premise with their small business clients, with secure authorization to access client profiles and competitive analyses, gather analytics-driven insights to make personalized recommendations, and complete secure transactions. Trusted Advice (Banking and Financial Markets) allows advisors to access and manage client portfolios, gain insight from powerful predictive analytics—in the client’s kitchen or at the local coffee shop, rather than the advisor’s office—with full ability to test recommendations with sophisticated modeling tools all the way to complete, secure transactions. Retention (Insurance) empowers agents with access to customers’ profiles and history, including an analytics-driven retention risk score as well as smart alerts, reminders, and recommendations on next best steps and facilitation of key transactions like collection of e-signatures and premiums. Case Advice (Government) addresses the issue of workload and support among caseworkers who are making critical decisions, one family or situation at a time, on the go. The solution adjusts case priorities based on real-time analytics-driven insights, and assesses risk based on predictive analysis. Incident Aware (Government) converts an iPhone into a vital crime prevention asset, presenting law enforcement officers with real-time access to maps and video-feeds of incident locations; information about victim status, escalation risk, and crime history; and improved ability to call for back-up and supporting services. Sales Assist (Retail) enables associates to connect with customer profiles, make suggestions based on previous purchases and current selections, check inventory, locate items in-store, and ship out-of-store items. Pick & Pack (Retail) combines proximity-based technology with back-end inventory systems for transformed order fulfillment. Expert Tech (Telecommunications) taps into native iOS capabilities including FaceTime® for easy access to expertise and location services for route optimization to deliver superior on-site service, more effective issue resolution and productivity as well as improved customer satisfaction. ih.advfn.com/p.php?pid=nmona&article=64741547&xref=newsalerttweet&adw=1126416
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Post by jmolloy on Dec 10, 2014 9:13:11 GMT -8
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Post by redinaustin on Dec 10, 2014 9:37:48 GMT -8
Went to grocery store to buy iTunes gift cards at 15% off. On the rack, right below the iTunes cards, were Apple Store gift cards. Never saw those before except in an Apple Store.
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Post by BillH on Dec 10, 2014 9:43:34 GMT -8
Forbes has a descent article on this including this tidbit. You can read the entire article here.
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Deleted
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Post by Deleted on Dec 10, 2014 9:52:48 GMT -8
Good morning ~ It's Wednesday and also " Over the Hump Day" but have we gotten over the hump on AAPL? Perhaps. AAPL is GREEN this morning...currently at $114.68 (+0.56) in the wee hours of the morning. Article on CNBC's site suggesting that last week's glitch foretold what was about to happen with AAPL. The "Fat Finger" trade was a large sell order by a hedge fund trying to lock in gains with a winning stock in his portfolio for year-end purposes. It should have probably been entered as a limit order however we should have all realized that it was a large sell order which would continue to be executed thus pressuring the stock. Brain surgeon, Steve Grasso makes a deeply insightful observation: "There's always a big sell order behind a fat finger," said Steve Grasso, "Think about it. The guy wasn't trying to order lunch but instead sold Apple." If the level of stupidity is that deep inside hedge funds, then I'll be exiting soon. If this is the way it went down, why hasn't AAPL recovered? In other words, it was a mistake and not someone's opinion that the sky was falling on AAPL. Or, are half of AAPL buyers practitioners of TA and are simply allowing squiggly lines to ordain AAPL's future price direction? In other words, AAPL's charts are weak now and the damage has to be repaired before it goes higher? IBM's news was a fart in the ocean as far as AAPL is concerned. lol
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Deleted
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Post by Deleted on Dec 10, 2014 10:05:35 GMT -8
160k contracts will likely expire worthless on Friday if this keeps up. Close at $112 - $113?
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Post by phoebear611 on Dec 10, 2014 10:15:16 GMT -8
I'm not well versed in farts - particularly those in the ocean - but yes, meaningless it seems.
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Post by mace on Dec 10, 2014 10:16:36 GMT -8
160k contracts will likely expire worthless on Friday if this keeps up. Close at $112 - $113? So pessimistic? Should be $115.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Dec 10, 2014 10:43:47 GMT -8
Yet another First Hour Fakeout™. Happened a little early today. I wasn't sure who to send this story to this morning for the first post, but I found it interesting: Report: Intel to power Swiss smartwatchWell, it looks like at least one Swiss watchmaker is worried. Then again, it is Business Trollsider trollporting, so who knows if there is anything to it. The Withings Activité:
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Post by macwire on Dec 10, 2014 10:54:24 GMT -8
Well. Fuck. Lol
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Post by nagrani on Dec 10, 2014 11:45:45 GMT -8
Sitting in cash. Selling puts way out of the money. Collecting nickels and dimes
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Post by rob_london on Dec 10, 2014 12:29:01 GMT -8
Reuters:
United Airlines says will equip its flight attendants with apple's iphone 6 plus United Airlines says will begin distribution to its more than 23,000 mainline flight attendants during Q2 of 2015
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stub
Member
The fix is in. Be patient. Don't panic.
Posts: 300
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Post by stub on Dec 10, 2014 12:34:54 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Dec 10, 2014 12:58:37 GMT -8
It's a fucking dumb analysis, and I already responded to it in the comments. Never mentions PE once, but AAPL is euphorically overbought and "giddy." What a dumb ass this guy is. AAPL trades below the S&P 500 average PE and it's reached giddy levels? He's also flat-ass wrong about iOS losing US market share. Go read Mav's blog post on that howler. Money quote: Really? Would you say Samsung's 70% profit contraction constitutes "gaining?" And those cheap-ass Xiaomi rip-offs? They can have their 50-cent-per-phone margins selling to rural farmers. Icahn has already said AAPL is worth $250, so he's not selling any time soon. Same old, "but but is the growth sustainable?" thing I've heard for years.
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Post by phoebear611 on Dec 10, 2014 13:45:44 GMT -8
Today felt like a drive by shooting...ugh.
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Post by macwire on Dec 10, 2014 14:28:36 GMT -8
Today felt like a drive by shooting...ugh. TRIN closed at 3.5. Insane considering how near the top we are. That's typically bullish But today felt different if I'm being frank. After a huge bullish hammer we gave it all back. Market moves to prove it phase. Not interested in knife catching
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Post by rickag on Dec 10, 2014 15:06:16 GMT -8
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Post by artman1033 on Dec 10, 2014 19:19:51 GMT -8
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Post by BillH on Dec 10, 2014 19:44:53 GMT -8
Check out Gruber's take. I'm thinking this will have some impact come 2015 if United's announcement is any indication. daringfireball.net
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Post by nagrani on Dec 10, 2014 19:49:22 GMT -8
For those nervous about apple short term. Consider doing what I did - I sold some march out of the money puts. In my case - I sold a bunch of the March 2016 apple 105 puts for a few dollars each. If Apple stays above 105 - I keep the premium. If it goes down below - I buy shares at 105 and then start selling covered calls against them. Lots to love about this strategy IMO
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Deleted
Deleted Member
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Post by Deleted on Dec 10, 2014 20:25:32 GMT -8
160k contracts will likely expire worthless on Friday if this keeps up. Close at $112 - $113? So pessimistic? Should be $115. Not this week. Max Pain won't save AAPL IMO. Too much B.S. Reporting and dumb, fat fingered hedge managers who started things south. Fear is winning over greed.
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