Enough of this silliness. We are getting a lesson in the importance psychology plays in the market.
There is now a clear disconnect between the share price and market value. Panic selling with a few shakes of market manipulation thrown in.
Even Newton would have no trouble describing this AAPL. Yuck Yuck Yuck.
One word from AAPL about anything and this thing turns around. Have to look at the chart again.
So much cash. So much potential.
It isn't news that is driving this down. The FED will continue with QE for the foreseeable future. Rates should stay flat or even go down should any further weakness be noted. I expect CYS to bounce off the lower band to stay in the channel. Tomorrow will tell.
I hope the rebound continues. Copper has been beaten down far enough. One positive word out of China or one negative word out of Shanghai regarding depletion of stockpiles and TCK will leap.
Nothing to crow about but better than a kick in the teeth.
The market rally continues. This time with Copper joining in the festivities.
I am not going to miss this rally. I am with those that believe copper rebounds in the near future. TCK will move quickly when it does. I don't want to be rich. I want to be FILTHY rich. :)
See the comment regarding insider trading in the Market Pulse or whatever it is called on the Summary page. 300,000 shares purchased by insiders in April. Purchased on the Toronto market, apparently, but the US market is simply running in tandem. I like it.
It sounds more tongue in cheek. It says..."again this week?"
And, as someone noted, a black swan event is an unknown unknown, not a "known" unknown.
$60 BILLION buyback boosting intrinsic share value, a modest dividend boost, and innovation (elusive of late, but coming!). They know they have to hit a homerun.
OH, and a TREMENDOUS short squeze potential!!
Let's face it - AAPL is the place to be.
Hopefully the bad luck/blunders are now in the past, along with the constant drumbeat of negative press.
Lowering fuel costs would be a godsend. Will likely buy when markets open, after further DD.
Dated today, April 24
From the Ameritrade website, article under the same name. They expect a THREE MONTH REBOUND in copper prices as it underperformed other metals the past month. It's about time...
I wish I had more dry powder...
Should continue, me hopes.
Also watching TCK and BBL. I have been in and out of TCK for years. It NEVER stays down long. I may have to pick up some shares tomorrow. BBL also had a nice bounce today. They have been beating down iron and coal for so long it just may be the time to buy.
Let's see if this post makes it to the board...
Bought 800 more. Oil will go back up soon enough. In the meantime, we are looking at a dividend of nearly 4.5% even if Icahn doesn't succeed with his 8% proposal. That was dead from Day One. I am patient.
I just don't see any justification for RIG being priced so low. Oil should rebound soon. I don't believe the doomsayers with regard to the state of the global economy. Just more manipulation. Bought more today as I did with SAN. I hope I am right, for the global economy's sake. Much of the world can't take much more of this.
7.7% growth in China stinks? According to whom?! Hedge fund managers, perhaps?
Here we are searching for boogie men again. Same old #$%$. Same market.
Nice bounce tomorrow. This is downright laughable.
Please. As unfortunate as it may be, it wouldn't make the front page in most countries.
Incredible. After conviction, Botin pressured outgoing Socialist president Zapatero to pardon him. The courts later reversed that decision saying he lacked the authority. Now, the POpular party changes Spanish banking law, BY DECREE, to permit this bum to continue on the SAN board. An incredibly stupid move by the Spanish government and one that will only further put into question the integrity of Spanish politicians.
I love SAN but I suspect their insistance on backing Saenz will come back to bite them.