The iPhone 5s tops the already great iPhone 5 with a surprisingly reliable fingerprint reader, a faster processor, and better-than-ever camera. And the affordable iPhone 5c is a compelling offering for budget-minded buyers. Consumer Reports testers found both phones delivered better performances than the iPhones they succeed—they even have longer talk times (a tad less than 7 hours). Both phones benefit from the latest operating system upgrade (iOS 7), available to existing iPhone models, which gives the Siri voice-activated assistant access to more apps than before, and allows you to access a new Control Center with a swipe up from the bottom of the screen.
True that does against the Apple stock buy back program but Apple could continue to buy back stock at a lower price. Just think how many new investors would flood in if they could buy Apple at half price or lower after a stock split. Not to many investors can buy a stock at $500 a share so look out Board. Maybe a stock split is coming by the end of the month?
and we all know once Oct. 22nd rolls around, it the start of a long upward move for Apple stock as the company starts introducing new products right and left. Starts putting their 150 billion in cash to work and starts in early November a long and financially productive relationship with China Mobile that will last for decades. See you all at $505 at Market close tomorrow.
and the precious metal sell off has just started. Tomorrow the Senate reaches agree on debt limit deal and gold and silver fall hard. Then on Wednesday the House will pass the Senate plan and gold and silver will fall hard again. Then as world stock markets rise, more gold investors will dump their gold holdings, gold and silver mining stocks. and even physical gold and silver holdings and look else where to make a buck. You see the long over due gold an silver correction has started and who knows when it will eve end.
$520 before iPad Presentation - $550 after iPad Presentation
$565 before earnings report - $588 after earnings report
November 5th (or pick a date in Nov,)
Apple opens $605 - later China Mobile Deal Announced - Apple closes $645
How do you like those Apples???
and I'm sure I'm not the only here who held off buying three months ago thinking Apple would not bring much to the table. Low and behold Cook came out with the stock buyback plan the stock took off. Between then and now Apple#$%$ a high around $515 and I know that number will be taken out after Cook presents on October 17th. I bought in today thinking any buy in price under $500 will do very well in a little less then three weeks. No I don't expect Apple to reach new 52 week highs in a month or two, but I do see the stock trading over $600 a share in the near future. Cook has too many options now in his bag of goodies and any one of those options could push Apple into the high $500 range or possibly over $600 a share.
Anyone have a feel which of the above (title) will go down the fastest in a October correction. SPY, IWM and QQQ all do big volume and all three are at or very near all time highs. Just curious if anyone on the board follows these ETF's and has a feel which one could fall the furthest over the next month or two.
yelling for help. I was going to offer some assistance but then I looked at the calendar and saw the Fed is up to bat at 2 pm today. So I kept walking but threw out this words to Mr. Gold Bug. "Find some nearby hole to crawl into and then die. No one wants to trip over a dead Gold Bug".
Well Dust will certainly do well today. Don't know if we hit a high of $48 but we certainly will be over $40 a share and probably will touch $45 at some point.
Overseas gold fell more than 1.5 percent to trade below $1,300 an ounce, with investors expecting the U.S. Federal Reserve to announce a reduction in its bullion-friendly stimulus measures later on Wednesday.
Maybe open $1250 and not look back. Its a slam dunk that the Fed is going to taper tomorrow, yet GLD is in denial and won't be able to handle a Fed tightening. Look for GLD to close under $!20 and then free fall for the rest of the year and into 2014.
For the week ended Sept. 10, speculators in the Commodity Futures Trading Commission’s weekly commitment of traders report reduced their net-long positions in gold in both the legacy and disaggregated reports. Market watchers said speculators likely became more cautious on expectations the Federal Reserve would start reducing its bond-buying purchases. The Federal Open Market Committee meeting is Tuesday and Wednesday.
Speculators weren’t satisfied with trimming just gold positions as they cut back on net-long positions in silver and the platinum group metals. In copper they reduced the net-long in the disaggregated report and raised the net-short in the legacy report.
In other words the Gold Movie Theater is on Fire and it would be very wise to leave your GLD long gold position behind, as soon as you can.
on worries about Fed move on Wednesday. Also think there will be some kickback (in the White House) about liberal pressure to force Summers to pull out. That kick back could end up push Yellen to a third or forth choice, and bring someone new in to replace Ben. Market is way a head of itself today so Uvxy is at a good entry point to play long.
Demand for gold is dropping all over the world as investors and consumers realize what went up, will now come down. Just think if you are the Treasury head of Portugal, Spain, Greece, Italy, etc., and your country is sitting on tons of gold that is losing value daily. Then add that each of these countries is billions or trillions in debt, and you realize Portugal, Spain, Greece, Italy, etc., will start dumping gold holdings on world markets now (to cash in while gold is still over $1000 an ounce) versus waiting for gold to drop below $500 and see half their gold net worth wiped out.
GLD is now set up for a classic 25% falling next week as everyone at once says "I'm out of Gold" and won't be coming back.
You can see it coming a mile away with the end of Quantitative Easing and strong rumors "Summers" will be the next Fed Chairman. Plus Syria is now a long term diplomatic problem and the dollar is going to strengthen going forward. Apple trades down going into next year with no new products and a disappointing CC coming up in October. Sell it today and short GOLD - if you want to make $$$
Yesterday was a weak head fake and after dropping almost $30 on Wednesday all Apple could on Thursday was climb a few bucks. Today we open red and close red with the strong possibility that Apple drops below $450 on Monday. The Fed is coming to bat next week and with tightening on the Fed's mind (think bye-bye QE),. Apple will sell off and head back down, possibly to the low $400 range. Its going to happen and I don't care how many time Carl tweets, "I'm having dinner with dead brain Cook".