it may be shallow,only a few points.
Will be waching the action today. It was 568.80 last night,so not holding that is concerning. May be some profit takers today or just a healthy pull back from the average 2% increase every day.
Nasdaq futures are up 5.75, and that isn't much at all. If AAPL had a blowout weekend we would be up 20. The momentum is bias to the upside but going up 10.00-12.00 a day is just stupid retail investors. At this rate one should buy Dec 750.00 Calls,that's what 10.00 a day will put us at!!! You would make a killing!!!!!
Oh I forgot.....gggggggggggggggggg Shorted 50k shares at 538.00, Oh now I coverd 50k shares at 508.00. Went long 50k shares at 509.00....sold them this morning at 538.14.gggggggggggggggggggggggggg You are a joke to any of us that are not living in our parents basements.
because all the smart money knows what was really in the call. They will be adding more tomorrow as we did on the initial sell off. We will open over 530.00 tomorrow and test the 540.00 area. Will see 575.00 before the holidays.
Sentiment: Strong Buy
Here's something else to consider. Icahn has already pumped the share price up by his tweets,if he didn't we would still be under 500.00. Cramer even stated that he didn't like the timing of the tweet and letter so close to earnings release. It looks like the move to the upside may already be baked in. Cook is completely dismissing Icahns suggestions and when that is disclosed it won't be a good day. If the report is a blowout we may see 550.00 but there is also a very good chance we see 500.00 again. If you are long stock it would be prudent to sell some upside calls to take in some money now to protect you from some downside,or you can buy a couple of weekly puts for some cheap protection. It just seems it is a huge gamble with AAPL when they report. My strategy is to take half off the table the day of the release,that way if it rockets up I still am in for some nice profit,but if they fall I could buy back the shares I sold at a much lower price and be content with cost averaging down. Either way you want to play it don't follow Ichan. Do your own DD and protect what you have. Don't swing for the fence every time,games are won by singles and doubles too. I have to remind my people of this from time to time. Good Luck and Good Trading.
in the industry for not practicing what he preaches. It's amazing how he came down on Ackman for announcing his short position in HLF, but he doesn't see anything wrong with tooting his horn to let everyone know when he has a long position in any company. He has discovered that putting your position out in public will make you a ton,BUT HE IS THE ONLY ONE ALLOWED TO DO SO!!!!!!!!!!!!!! Listen to the fight he had with Ackman on CNBC when he condemns him for announcing his short on HLF,now he is doing the exact same thing. And to do this letter a couple of days before earnings should be criminal.
Cook doesn't care one bit about Carls small position,period. The company has survived all these years,and has made billions of dollars without any advise from "The Grave Dancer". They need to stay on course.
What are you talking about? There were 23 puts traded today for all the Nov 525.00 strike, and that's including the weeklys.
Did you pay any attention to the financials? They spend nearly 170 million for every 75 million they take in!!!!!! How long do you think they can pay for content? THIS IS A 80.00-90.00 STOCK AT MOST!!!!!!!!!!!!!!!!
Sentiment: Strong Sell