Not everyone is an apple investor or reads the WSJ who reads this article. Was just making a point that some little hives of activity are actually out there and are positive... we need more.
On Nov 13 09:19 AM User 401295 wrote:
> this just summary of the story from wall street journal yesterday. > no new insight.
Consumers Will Continue to Buy Apple's Fashionable Gadgets [View article]
Eric H,
Simply enough the stock is below both major moving average, 50 day and 200 day. In fact the 50 day crossed below the 200 day mid March which is another negative trend. But 50 day is about $140 and falling daily and 200 day is $144
It sounds counterintuitive to newer investors but a lot of technical traders like to buy stocks at higher prices once the momentum is back. Bargain hunters prefer to buy lower. Most technical traders will latch onto Apple once it breaks free of both those 2 trading resistance areas. Hence why I said mid $140s.
You can buy now (or lower) but your timeline to hold will be longer. So you can buy cheaper but for all we know Apple sits in this range area for 1 more day, 1 more week, 1 more month, or 1 more quarter. Etc. So it is simply a strategy to buy on a "breakout" - you pay more but you should have a quick return at that point.
Either way I like Apple for the long run - and agree with some of the comments above re: Conversion. Also there will be a consumer spending retrechment in this country but its all relative. Spending is not going to zero and I also am a big proponent of the cache factor. People just dont realize what a benefit it is; when I was growing up people were paying $120 for Nikes when Adidas were available for 25% of the cost, just as good of a shoe. Here one could make the technical arguement Apple is superior but even if it weren't they have created a brand that people are willing to pay more for. That is invaluable, and its global and its the type of cache that very few companies have. Sony used to be one 2 decades ago.
Again, not IMMUNE to consumer spending crunch I believe is happening and will continue to worsen but its a relative commentary. HP, as fine of a company as it is (or Dell or Lenovo), has no real cache among teens/20s, etc. And those people set the trends.
Hi Gnufist, this is just one of many articles I've written about Apple. For a list you can go here: www.fundmymutualfund.c...
I didn't go in depth on the subpoena - the bigger issue is in general the federal government likes to squeeze those lower on the totem pole to get to the big fish; so Jobs is the big fish. This specific summoning to testify as a witness is not the end game to worry about - but big picture as with Enron, as with Worldcom, as with Martha Stewart, as with countless other examples they'd love to nail the big fish. I believe Brocade is a good example, but some of these other companies going through similar backdating option situations do not have the valuation nor 'cult hero' status attributed to 1 man in their organization. Let's see how it plays out.
Other tech names of interest? Much of the networking sector is re-accelerating. If you want the safe name, Cisco (CSCO) - if you want to take some smaller names try a Blue Coat Systems (BCSI) - there are a few pockets of tech doing well. Some might even argue Amazon (AMZN) although I am not in that camp.
What Was Steve's Final 'One More Thing...'? [View article]
http://bit.ly/r4MtoG
Apple Stock at Key Levels [View article]
Apple Has a Genuine Green Shoot [View article]
Not everyone is an apple investor or reads the WSJ who reads this article. Was just making a point that some little hives of activity are actually out there and are positive... we need more.
On Nov 13 09:19 AM User 401295 wrote:
> this just summary of the story from wall street journal yesterday.
> no new insight.
Not Everyone in China Wants to Buy an iPhone [View article]
On Nov 04 09:13 AM John Galt wrote:
> You could buy iphones in America, unlock them, and then sell them
> for more money in Europe, Asia, Russia etc. People are already doing
> this...
Consumers Will Continue to Buy Apple's Fashionable Gadgets [View article]
Simply enough the stock is below both major moving average, 50 day and 200 day. In fact the 50 day crossed below the 200 day mid March which is another negative trend. But 50 day is about $140 and falling daily and 200 day is $144
It sounds counterintuitive to newer investors but a lot of technical traders like to buy stocks at higher prices once the momentum is back. Bargain hunters prefer to buy lower. Most technical traders will latch onto Apple once it breaks free of both those 2 trading resistance areas. Hence why I said mid $140s.
You can buy now (or lower) but your timeline to hold will be longer. So you can buy cheaper but for all we know Apple sits in this range area for 1 more day, 1 more week, 1 more month, or 1 more quarter. Etc. So it is simply a strategy to buy on a "breakout" - you pay more but you should have a quick return at that point.
Either way I like Apple for the long run - and agree with some of the comments above re: Conversion. Also there will be a consumer spending retrechment in this country but its all relative. Spending is not going to zero and I also am a big proponent of the cache factor. People just dont realize what a benefit it is; when I was growing up people were paying $120 for Nikes when Adidas were available for 25% of the cost, just as good of a shoe. Here one could make the technical arguement Apple is superior but even if it weren't they have created a brand that people are willing to pay more for. That is invaluable, and its global and its the type of cache that very few companies have. Sony used to be one 2 decades ago.
Again, not IMMUNE to consumer spending crunch I believe is happening and will continue to worsen but its a relative commentary. HP, as fine of a company as it is (or Dell or Lenovo), has no real cache among teens/20s, etc. And those people set the trends.
Big Margins Continue for Apple [View article]
www.fundmymutualfund.c...
I didn't go in depth on the subpoena - the bigger issue is in general the federal government likes to squeeze those lower on the totem pole to get to the big fish; so Jobs is the big fish. This specific summoning to testify as a witness is not the end game to worry about - but big picture as with Enron, as with Worldcom, as with Martha Stewart, as with countless other examples they'd love to nail the big fish. I believe Brocade is a good example, but some of these other companies going through similar backdating option situations do not have the valuation nor 'cult hero' status attributed to 1 man in their organization. Let's see how it plays out.
Why Apple Isn't Worth the Risk [View article]