Good move. Those who bought in AH last night and in premarket this morning will do well. Apple will announce several new (game changer) products this year that will push the stock way higher. Question now is will Carl I. buy another 500 million shares today?
And I would sell my shares now since the market is over reacting, Now is when you buy or just hold want you have and see Apple rise higher tomorrow. It might not go back to $550 but certainly $538 to $543
So buy now at $508 and wake up at $536 tomorrow. Not a bad deal
The catalyst is "a beat" late Monday, record iPhone sales, possibly increase in stock buy back, possible new product announcement, big time China Mobil sales coming in March quarterly report and strong rumors of not one but two new iPhones with larger screens. If you can't smell $600 plus you better go to the doctor to have your nose checked out.
and it appears they want to be holding Dust when gold falls through the floor.
as this is not a good sign for GLD longs. If fact its going to be Black Friday for anyone long gold, long gold miners or long GLD. Its going to be ugly tomorrow as gold drop $30 plus dollar and GLD test new 52 week lows.
and if not certainly by Tuesday. As the stock moves higher more investors will flood in and buy. The ramp up in buying volume will stoke more interest in AA and trigger more buying and strong buying recommendations. There are only a few (big) aluminum manufacturers in the world and we all know there day in the "sun" is coming. Question now is will you buy AA while still around $11 a share and enjoy the ride up or sit on your hands and kick yourself for not buying sometime this month?
Whoa - Gold Dives Tomorrow
“The House is expected to vote Thursday on a two-year deal that would represent the first bipartisan budget compromise of the new divided-government era,” The Hill writes. “GOP leaders expect their measure will pass, despite complaints from House Democrats that it includes a fix to prevent a cut in doctor payments but does not extend federal unemployment benefits set to expire this month. Most Republicans appear to be backing Rep. Paul Ryan (R-Wis.) and GOP leaders
The Fed is about to cut gold - gld in half. Be very careful goldbug -your very close to going extinct.
and I'm starting to like the ideal of waiting for the Fed to Taper in March so GLD can going down further and further week in, week out for the next three months. Sure I like a hard fast gold nose bleeding dive but this drip, drip, drip (all down) for the next 10 to 12 weeks will all the same kill off the GLD longs. See you all at $115 or lower on Monday.
Whoa - good fine. Market needs to wake up and see the "green apples" coming since the China Mobile deal is in the bag.
The much-discussed deal between tech giants Apple Inc. (NASDAQ:AAPL) and China Mobile (NYSE:CHL) could be the single largest near-term-growth driver for Apple. As in "huge near-term-growth:. The deal has been reportedly in the works for some time now, but to no avail. But a widely expected move from China Mobile next month has Apple observers once again thinking a deal could be coming soon.
so in reality Apple has (3) home run products now out for Christmas. The iPhone 5S, the iPad Air and the iPad Mini. And you know with these products in hot demand Apple is going to have a blowout quarter coming up and many more follow. Looks like we take out $550 on Friday boys and girls.
Stock is up in AH and I think today's big move up will bring in new investors tomorrow. Everyone seems to want in before Dec. 18 China Mobile news. We open $539 and don't look back.
Sentiment: Strong Buy