Should Apple Investors Feel Good About Yesterday's Rally? [View article]
You may well be right, but then again, aapl may continue to outpace the market through early December, making the next broader market pullback, as continued volatility is expected, less severe on aapl than the one we came out of yesterday. Aapl could EASILY revisit 80 and below again. But when, and for how long? Consider a return to the old obvious: It's no secret that investors and traders are well aware of how well Apple Inc. is positioned for a market recovery in whatever (volatile and gradual) form it may come in, compared to most everything else out there. It's no secret that aapl is a premium now at any perspective. It's no secret that there's a good chance Apple Inc. beats the street next earnings by a large enough margin to pop the stock. It's no secret that aapl has a whole lot of money in the bank, no debt and huge growth potential. It's no secret that that aapl is an extremely compelling long term play at this price despite your warnings above. Based on the obvious, reactionary assumptions behind your advice, including the issue of timing the market for shorts, I would warn both short and long term traders to consider the contra position, especially since I suspect this is the direction big money and hedgefunds shifting to as of yesterday.
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You may well be right, but then again, aapl may continue to outpace the market through early December, making the next broader market pullback, as continued volatility is expected, less severe on aapl than the one we came out of yesterday.
Nov 25 08:10 am
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All Comments by Buffeted »Should Apple Investors Feel Good About Yesterday's Rally? [View article]
Aapl could EASILY revisit 80 and below again. But when, and for how long?
Consider a return to the old obvious: It's no secret that investors and traders are well aware of how well Apple Inc. is positioned for a market recovery in whatever (volatile and gradual) form it may come in, compared to most everything else out there. It's no secret that aapl is a premium now at any perspective.
It's no secret that there's a good chance Apple Inc. beats the street next earnings by a large enough margin to pop the stock.
It's no secret that aapl has a whole lot of money in the bank, no debt and huge growth potential. It's no secret that that aapl is an extremely compelling long term play at this price despite your warnings above.
Based on the obvious, reactionary assumptions behind your advice, including the issue of timing the market for shorts, I would warn both short and long term traders to consider the contra position, especially since I suspect this is the direction big money and hedgefunds shifting to as of yesterday.