This is more than a little wrong. The Dow, S&P, and Nasdaq all closed in the red, but AAPL was up.
I know GWPH better than you know me.
I was bearish before I had a position.
You're probably only saying such things because you are long.
The board isn't just for emotional longs.
Sentiment: Strong Sell
Do you see lies and conspiracies everywhere you look?
You should switch to decaf, see a psychiatrist, and take an IQ test--to get a more accurate idea of where you yourself fit in.
I saw a very exciting video on YouTube about the new 4.7in screen.
I don't really know what it was composed of: it seemed as scratch resistant as sapphire, but more flexible than any crystal I've ever seen!
I'm looking forward to it!
You don't mean me do you?
I'm bullish on AAPL, I also think it deserves/will deserve $150,
But 50% is a ways to go and it could take time.
I'm new here.
I think we may be in agreement about the short term correlations.
I happen to think only a few stocks are in a bubble (A La 1997...Don't get me wrong, saying this is like '97 is not, in my case, going so far as to say next year is '98...)
Whereas I believe we are in a global bond bubble.
My limited research leads me to believe that inflation will hurt the stock market considerably, but that it will be relatively temporary--that good companies, even companies that went through the Weimar Republic hyperinflation, are a good store of wealth.
I agree that so far US Treasuries are seen as a safety play. I see this as a reflexive truth:
Something which is only true as long as everyone believes it to be so.
As for gold: it's a non productive asset at every price. I can't get excited about that.
[On a side note, I wish we had a sound currency the world could trust, and gold bugs could all enjoy actually holding gold. It brings no joy to have so much of the world's gold buried in central bank vaults.]
I'm bullish on AAPL and bearish on GWPH
Both are down today, but AAPL is down 0.8%, GWPH is down 8.60%
I'm not worried about AAPL.
Shorts had it better than they deserved back in May 2013, but that was over a year ago.
Their time is long past.
The one month chart is looking like a head and shoulders to me.
In other words it portends further declines: that's consistent w/ my view of the fundamentals.
Sentiment: Strong Sell
I tried to bet against this at $500, my position lasted maybe three days (I forget).
I tried to bet against the happy cows and happy chicken at $550, again, that lasted about one day.
I told myself I'd try at $600, but I didn't;
Now I'm thinking I may try to come back as a bear when it hits $700 (in a day or two).
My thesis for today is this:
The Market is slowly turning away from the 2013 insanity.
All of 2013 I thought the Market was upside-down as AAPL got no love, P/E wise, while
all sorts of dreamer stocks, w/ no earnings went to the moon.
[Now, I like Amazon as a company, and I made money on AMZN (the stock) in '98 and '99, but...]
I think AMZN is the symbol for the 'someday' stock, the anticipation stock.
I don't claim it's as crazy as TWTR or GWPH, (I actually think $300 for AMZN is reasonable).
I just say that it's the the symbol and 'proof'
that a company can put off profits indefinitely.
AAPL is the 'today' stock: the making money hand over fist right now stock.
[Never mind that a company that makes tons of money today is just as likely to fill the same niche next year compared to any dreamer/someday stock--forget that for a min, in order to understand the goofed up thinking of Mr Market all of 2013]
Anyway, if AMZN gets shot in the face, I hope, and believe, that it may lead to positive change in Mr Market's thinking w/ regard to the valuation of AAPL vs. those 'someday' stocks.
I sat out the previous earnings and AAPL gapped up!
No, I would not buy puts as a hedge, I'd use diversity as my hedge.
Longs trying to talk it up; unfortunately for those who listen to the hype GWPH is overpriced above $15.