Could breach $920 on volume tomorrow if the Soros play is considered more
It may go under $900 today,but the uptrend is still intact.Almost a sure bet we'll close this week higher than where we start.
IMHO,and if history is repeated it's due for a pull back.Two months to the day the price hit a high of $844 and look how it traded since then.GLTA
IMHO, Look at 1 year chart with both and decide which company the market thinks has more promise and value. GLTA
Not light volume my friend. Right on the 3 month average.GLTA
Nice close today.I would've liked more volume,but it was still very still strong at 2.3M shares.Chart looks like a coiled spring,but I'm not expecting another day like today until Wednesday.GLTA
It closed a good bit above the low,but Friday's action was strange.It looked like Google share sale proceeds chasing Apple.(which had big volume Friday).Also it appeared the weekly option ex ground on the share price all day........ like the hedge funds and the MM's wanted to close Google at $800
IMHO- RSI looks good,looks like it based and is pointing up nicely.Q's look weak due to Apple (?). I think money will flow out of Apple into Google,as it looks like a safer bet,right?
Will money flow out of Apple and into Google today? Thoughts anyone?
Last smoke,now that's funny!
No volume compared to the past two days. Lack of conviction by both the shorts and long players?
I don't think so,unless the stock is trading in the $350 range,which is what "appears" the market is looking for short term.
I've been reading all the pro's and con's on the company.I've personally come to the conclusion that any large long or short position should be hedged BEFORE earnings via options for risk management's sake.If you don't understand how to do this get with a unbiased financial adviser MONDAY. Good luck to all.
I wouldn't count on speculative buying of size going into the report.The report is such a dicey thing with so little chance of any upside surprise,only real risk takers will want to be going into it with an agressive long position.My conjecture is based on Apple being down Friday on volume on a big NAZ up day with the premise that if you were going to sell,yesterday would likely be much better than 3:55 PM this Tuesday.We'll all know if this theory holds water at 3:55 Tuesday.I hope everyone makes money!
Just when you think the PE is attractive it gets even more attractive.You've got to remember PE is historical and means very little for a stock that has it's earnings coming down.
Bye,bye American Pie
You're on the beam Alex
and get it over with.No fund,hedge or any potentially big buyer will be in until the $350.00 "whisper" bottom is reached.Look at the action today every uptick is shorted.
Disagree -Those things you mentioned have not changed since the share price was $420- 18 days ago.IMO, the share price going up $42 in 18 days is from momentum traders.Why? The volume's not there to indicate that institutional buyers are putting skin in the game.
Agreed. Short term,overbought on low volume.Friday's run would have been impressive if the volume was at least at,or above, the 10 day average.Only three weeks to next earnings report and most likely an announcement of buyback or dividend increase. If earnings, and or, buyback/dividend increase disappoint, there'll be a big sell off.