Too many ETF's are problematic. Brings down good with the bad.
Agree. This is why they pushed back to date of earnings release so they can load up aggressively on this dip!
Suva did maintain a Buy rating and $145 price target as Apple's investment thesis will shift to a gross margin upside story.
Until earnings this will be the trade for Apple. Tim is saying China is on fire, Apple just getting started, yada yada but market doesn't want to listen to Tim. Instead we get this constant manipulation by nobodies like Digitimes. Just glad I don't initiate stop loss and get taken out by these idiots!
Its the manipulation of the options market that has caused this constant shakedown every week going into expiration. I looked at that 108 yesterday and kinda thought "hmmmm I wonder if the mms will try to pin it there" but thought "nah, AAPL has too much going on next few weeks as it begins launching 6S in other countries and going into ER" only to find my first thought was true and correct. Here we are near the $108. Unfrickenbelievable how rigged the game has become! Worse now than ever imo!
...Apple reported almost $50 billion in revenue last quarter, and is on its way to hitting roughly $200 billion in sales this year — but its CEO Tim Cook doesn't think Apple's business has even taken off yet.
I've spent all weekend trying to resolve problems from updating my Wins 7 to 10 on my desktop. 10 totally wiped out all my sound devices. Drivers were corrupted and nothing helps. I now have to drive to Best Buy and request they restore the old o/s, Apple operating system is soooo much better than Microsoft's. I have no problems whatsoever with my MacPro. Both the HP and Mac are 4-5 years old. Just saying as I want others to avoid this nightmare. Older PC's ain't compatible to Wins 10....
Just picked up some shares on the cheap for the grandkids! This one is being unfairly slaughtered on the earnings guidance lowering. They did beat topline (revs) this Q. Just saying. Do your own dd!
...The JPMorgan team was anything but bored as they applauded a wide array of new products that the analyst feels can deliver about 3.1% of the firm’s estimated current year 2016 earnings estimates. They also noted that the new iPhone payment plan that was rolled out with the introduction of the iPhone 6s and 6s Plus can become a recurring revenue stream for the company.
Just a little piece of advice I've learned the hard way. If you need to take a loss and you are trying to avoid the wash sale rule (can't buy same equity 30 days before or after the proposed sale) make sure your dividends are not being used to purchase more stock rather than a cash distribution. Just got screwed by not making that change to how dividends are handled in my brokerage account. IRA's don't matter!
Buckle up and ride em cowboy cuz its gonna be one hell of a ride! nothing else matters now!
Cook won't do that. Its more about the products but a different crowd than what we see at the WWDC. My feelings are that the shorts are still very much in play especially in the SPY where Apple dominates their holdings. These guys are too eager to throw in the towel yet since their game plan has worked so well by using China growth as their weapon. Maybe when we get the Sept FOMC decision out of the way we can get the momentum back.
They've been cutting down Apple's upcoming event while not even knowing what will be presented! Crazy this FUD!