800 million shares want/need to be bought at $95. The new fundamentals may make the $95ers throw in the towel and just buy the stock. I hope this happens tomorrow. As I recall from the famous movie, the Captain of the fishing boat fixated on his Charts up until the very last minute.....then the Perfect Storm came and sunk his boat, taking all his crew down with it. :-)
I think it trades flat as well. Not that theres no Momo, it sjust that good numbers have are expected already. I think a slight sell off into 95s, and then a rise into earnings. 100 pre earnings after trading sideways/wiping out 100.00 oct calls, and 103-105 after the ER
Thank you for your well thought out, generous advice to us. We will give it all the attention it deserves--into the garbage heap.
Can you predict the price of aapl when dow goes to 44,000 NASDAQ goes to 14,000 and S & P goes to 6800 when the price of gold is 300 dollars an ounce and crude oil at $24.86? Becky and I think $1000 to $1,230 (post split is an appropriate estimated number). What does this esteemed board think?
Thank you for your input. You all know it will happen real soon.
Sentiment: Strong Buy
That may be true and I agree Apple knocked the cover off the ball with the iPhone 6. As good as that is the reality is they didn't discover a cure for cancer so the stock will trend lower next week.