Just in case the stock collapses after hours. My gut says it won't but I am long at $195!
It is as if due to some miracle, the worldwide shortages of food, steel, coal, oil, etc... is suddenly over. Pisani has been on this theme for 3 months and he has been wrong every time. Brilliant!!
Too much CNBC hype last night after a huge run was a tip-off!
Short term we may consolidate. Longer term, we are going much higher if the CEO purchases are any indication.
Too much hype. Wait for a 10% pullback for a better risk/reward. The ag stocks look a bit toppy here. They will pull back. They always do! Patience will be rewarded.
1. Aubery massive open market purchase of his company stock
2. Warm than usual summer months
3. Hurricane season
4. NG is a clean alternative fuel
5. CHK will be the largest NG producer by the end of this summer.
Pullbacks are buying opportunity. I have loaded up on Jan 2010 calls and will buy more if the stock dips to the $60 level. I will also buy if Aubery adds to his position.
Maybe the rumors are true. Apple will face shareholder lawsuits if it lies about SJs health.
If cancer is back, we (longs) are in serious trouble. Someone knows something. This will not be dropping like this if he only had the bug. My guess is that Apple lied about Steve's health and that he is consulting doctors. Just a guess, but considering this drop, it may very well be true.
Don't pay more than $32. If it opens above that, buy on pullbacks. I personally doubt that we will get more than a $4 pop tomorrow. $38 seems too far fetched in the short term.
A month ago in Mad Money he said be patient. AAPL will go to new highs.
What a flip flopper. Listen to him at your own risk.
If oil comes down to the $100 level, what impact will it have on coal stocks? Although I like the analysis here, we can't ignore the negative impact on coal and other commodity stocks if oil retreats and the dollar goes up.
There is a lot of demand for NG. I can't imagine that these stocks would crash. This seems like an orderly profit taking. Longer term, these stocks move with NG prices.
Here are some of the catalysts for the move:
New iPhone announcement coming
Accelerating Mac Sales
Excellent tech earnings in general
The feeling that the worse is over in the financial markets
This is going to 200 within the next month.
This is probably not serious but keep an eye on this news in tomorrow's trading.
CNBC is reporting that even more affuent shoppers are buying from WAL Mart. Guess who benefits from this! (Besides WM)
V and MA are going much higher! The great American borrow and spend mentality is alive and well.