Exactly.... There guidance was 47-49... They beat. They beat on margins.
AAPL is up 14% year to date...outperforming the market. Where do you guys come up with this stuff?
That's why the qqq and spy are up after-hours ?
I hear 125 in Uranus. Aapl will start trading on a few exchanges in germany around 2:15 am est. Frankfurt trades start I see around 2:40. Some don't open until after 3am
If your mommy lets you stay up that late then you can post something factual
(Bloomberg) -- U.S. stocks are entering part of the year when one of their biggest support systems is turned off.
Buybacks, which reached a monthly record in February and have surged so much they make up about 2 percent of daily volume, are customarily suspended during the five weeks before companies report quarterly results, according to Goldman Sachs Group Inc. With the busiest part of first-quarter earnings seasons beginning in April, the blackout is getting started now.
Notice it says typically
According to bloomberg, buybacks are suspended 5 weeks before earnings, but aapl was up 5% last year that period
Bold call.... And right on. Refreshing to see somebody make few predictions and get them right instead of making hundreds of predictions and getting 80% wrong
A) Netflix closed $17 lower than it opened today
B) AMBA, a favorite with people on this board dropped 7%
c) I was 100% hedged with short calls and had additional put spreads because of the greece situation which I think will be resolved shortly, which limited my loses on aapl to $600 on 2600 shares
d) I'd rather be in aapl than any other stock right now, and will protect with xlk, dia, or spy shorts
Not grasping at anything. I am a technical trader who sees a buying opportunity. Fundamentally, full year earnings estimates have gone up 0.40 in the last 90 days. At a below market pe multiple, that translates to $6. Stock is up $1 in 90 days. I expect both technical and fundamental traders will see this and I am trading accordingly
Oct 16... went from 96-103 in 4 days
jan 20.. went from 106-113 in 4 days
Not to mention algos, which seem to bee working on both ends of this trading range, and the 100 day SMA. On Tuesday when aapl dropped below 126 and close to the 100 day there was immediate buying. 100 day will be 126.15 tomorrow, trend line support is 125.50ish
We will see
Those puts started trading in February so it's hard yo say when they were open. It could have been a 135 straddle as there is 196000 135 calls.
The more important issue is what happens when they are closed. They are secured by short stock. Everybody talks about PPS gravitating down to high open interest call strikes, The same could happen here, a slow drift up
Would have been nicer if it had held monday high of 129.21 but that and hopefully friday high of 129.69 will be done tomorrow
I thought the whole point of investing is what a stock might or will do... this stock ran from 624 friday 2:30 pm to 692 early today- that is over 10 % in just over 2 days. A retest of 630 wouldn't be that bad
And the high from monday... ascending triangle from february still working, 100 day SMA held nicely
I ignored the technicals on NFLX and was hurt when it broke thru 629 today. I am always long AAPL but the 7 day chart is ugly and I decreased at 130.50 and sold some weekly calls. I am a firm believer in the fundamentals of AAPL as you would see if you read any of my posts for the last 4 years. I expect the typical monday bounce, but would almost rather have a test of the mid 127 area, as I would increase my long position.
I am long netflix now because of the technicals... but the PEG ratio means something (to me at least)... this stock will crash hard at some point. AAPL has very little downside
If it breaks 133 it should pop. netflix broke its 131 ascending wedge today. Its sad that i have to compare aapl to netflix as aapl has a lower than average PE and growing earnings and netflix PE and PEG are a joke... but the charts are similar