Market all over the place...trying not to buy but could not resist MU...watch HIMX....finding bids.
Hitting 52 wk high snd should go higher...My second largest holdins, The new ad platform helping...added more last week. SWKS my third largest moving up nicely also to 52 wk highs. MU my third largest and up 3% ...bought more at open.
This started way before Cook...I like him and the team working with him. I feel the OS mistake was quicly rectified and the bending " problem " magnified by those wanting the stock price to fall..after all someone has caused the 44 % increase in short interest.
One positive note just reported on the Bloomberg tape...Consumer Union testing found the new phone strong.
Check out the news breaking on the Irish-AAPL Tax Arrangements. An investagtion has been conducted and Apple mey be subject to Billions in fines...in Euro of course...a concern.
It seems bad news and rumors keep coming.
Too many replies on last Cramer post...
I just watched his Friday show...a misleading liar ! Consumer Confidence did NOT TANK...down from previous month .04%, and the previous month was one of the highest readings. Now he is saying sell the rally...a week ago he was saying buy the dips....
Unfrtunately people are swayed by his comments....while institutions probably think he is a joke. Now he is making fun of AAPL in his comments...amazing how he changes to fit his emotional whims.
Cramer is influential so it pays to watch...he can sway a stock, albeit for only a short term.
One rare sage opinion he voiced last week ...the stock rally was influenced almost to the minute by positive comments coming from the Ukraine/ Russia discussions. Russia has agreed to supply natural gas to the Ukraine.
Sanctions on Russia have hurt Europe. Rumors Thursday Russia was planning a takeover of foriegn assets in the country fueled the market decline.Friday showed this was not the case.
As Russia and ukraine rellationships become more predictable the market shold react positively
I have wanted to buy back...but agree with rockie...bought FB, MU, BABA, SWKS,and JAGLX.... I lile LCI but concerned one nigh to find Att Gen. shutting them down on the Digoxin issue. I will buy prior to earnings as a trade...expect good ones.
AAPL and FB popped...MU should too ...SWKS soon.
Buying more MU...Impressive comments by Fast Money group. Even in a correction downside is limited and trading at a 9 Forward PE.
AAPL up but some selling into bounce...Good company response to problems BUT wonder if traders waiting for Consumer Report results.....also China final approval. I sure am getting a large number of negative blogs on old info.
SWKS resistance at $58. If breaks up on a sustained basis can run.
BABA finding bids..added more.
MU looking decent but should pop more if market gains strength.
FB book upgraded and moving . Up for week and going into their ad platform presentage should continue strong.
Market should be much higher but lacks conviction...Not starting new positions...just adding to old...BABA Options start Monday and run today may be the beneficiary.