There's no clear trigger behind the latest selloff in Apple (AAPL -3.4%); shares are now down 9% from their Tuesday high. Some speculate Texas Instruments' (TXN) addition to the NASDAQ 100 (QQQ) is playing a role, as index funds will need to sell some Apple to rebalance, but that can't explain why fellow large-cap index members Microsoft (MSFT +0.9%) and Intel (INTC +1%) are up. With Apple still up 43% YTD, perhaps a breather was inevitable. [View news story]
My play buy 1/3 @ 577/575 then 1/3 @ 551 and lastly 1/3 @ 543 giving you an average buying price of 557 USD. Actually I am feeling lucky and it would be better to buy nothing @ 577 and buy 1/3@ 568, 1/3 @551 and 1/3 @ 543 giving you an average buying price of USD 554. Happy hunting
There's no clear trigger behind the latest selloff in Apple (AAPL -3.4%); shares are now down 9% from their Tuesday high. Some speculate Texas Instruments' (TXN) addition to the NASDAQ 100 (QQQ) is playing a role, as index funds will need to sell some Apple to rebalance, but that can't explain why fellow large-cap index members Microsoft (MSFT +0.9%) and Intel (INTC +1%) are up. With Apple still up 43% YTD, perhaps a breather was inevitable. [View news story]
it looks like 577 will happen and then 569, 556 and lastly 543 before any turnaround....if it goes below then time to really prey otherwise if the results are blockbuster we are in the money otherwise 3rd Q buildup will help you to be in the money + dividend.....
There's no clear trigger behind the latest selloff in Apple (AAPL -3.4%); shares are now down 9% from their Tuesday high. Some speculate Texas Instruments' (TXN) addition to the NASDAQ 100 (QQQ) is playing a role, as index funds will need to sell some Apple to rebalance, but that can't explain why fellow large-cap index members Microsoft (MSFT +0.9%) and Intel (INTC +1%) are up. With Apple still up 43% YTD, perhaps a breather was inevitable. [View news story]
Heading into Apple's (AAPL) April 24 FQ2 report, Gene Munster predicts his favorite company will report it sold 33M iPhones, 12M iPads, and 4.3M Macs during the quarter - consensus forecasts stand at 30.5M, 13M, and 4.4M, respectively. In spite of the conservative iPad forecast, Munster believes demand is healthy, noting "wait times at Apple's online store remain at 1-2 weeks." He also expects an Apple TV set to be announced late this year. (Barclays) (Sterne Agee) [View news story]
Your comment has been published: it looks like 577 will happen and then 569, 556 and lastly 543 before any turnaround....if it goes below then time to really prey otherwise if the results are blockbuster we are in the money otherwise 3rd Q buildup will help you to be in the money + dividend.....
My play buy 1/3 @ 577/575 then 1/3 @ 551 and lastly 1/3 @ 543 giving you an average buying price of 557 USD. Actually I am feeling lucky and it would be better to buy nothing @ 577 and buy 1/3@ 568, 1/3 @551 and 1/3 @ 543 giving you an average buying price of USD 554. Happy hunting
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
it looks like 577 will happen and then 569, 556 and lastly 543 before any turnaround....if it goes below then time to really prey otherwise if the results are blockbuster we are in the money otherwise 3rd Q buildup will help you to be in the money + dividend.....
My play buy 1/3 @ 577/575 then 1/3 @ 551 and lastly 1/3 @ 543 giving you an average buying price of 557 USD. Actually I am feeling lucky and it would be better to buy nothing @ 577 and buy 1/3@ 568, 1/3 @551 and 1/3 @ 543 giving you an average buying price of USD 554. Happy hunting
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
April 10th - $644.00 April 13th - $605.00/share i.e= 5.4% drop
From 10.04 to 13.04 on average 30 million shares have been traded and this is on the high end for Apple stocks. Another indicator that today will be red. The relative strength index, has fallen below 70 currently at 54 below its low of 57 on 24th January 2012, another indicator it is heading down. Momentum has also fallen to below 20 from trending above 50 from Feb 8th to April 11th. It fell from 50 to 19 in 2 days and does not look like its reversing. These technical indicators will become divergent if Apple rises today but in the long run PRICE FOLLOWS THE INDICATORS. Currently @ 605 USD. This is also the first level of support, if Apple does not break this support level good, if it does, then we see 600.75 as next level of support after which 575 (upper GAP), 568 (lower GAP). The major support level is 543.29. It can hit 543.29 before turning around if it meets/misses Q2 estimates or gives a bad outlook. I guess the outlook will be great because everything is going great guns for them. That leaves only the results beating estimates solidly for it to blow up to 623, 636, 644 where it meets resistance.
Heading into Apple's (AAPL) April 24 FQ2 report, Gene Munster predicts his favorite company will report it sold 33M iPhones, 12M iPads, and 4.3M Macs during the quarter - consensus forecasts stand at 30.5M, 13M, and 4.4M, respectively. In spite of the conservative iPad forecast, Munster believes demand is healthy, noting "wait times at Apple's online store remain at 1-2 weeks." He also expects an Apple TV set to be announced late this year. (Barclays) (Sterne Agee) [View news story]
April 10th - $644.00 April 13th - $605.00/share i.e= 5.4% drop
This is also the first level of support, if Apple does not break this support level good, if it does, then we see 600.75 as next level of support after which 575 (upper GAP), 568 (lower GAP). The major support level is 543.29. It can hit 543.29 before turning around if it meets/misses Q2 estimates or gives a bad outlook. I guess the outlook will be great because everything is going great guns for them. That leaves only the results beating estimates solidly for it to blow up to 623, 636, 644 where it meets resistance.
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
KillerSGT (apt name), I am not saying that Apple will go down I am saying that it will become cheaper after Q2 results and a good time to buy it. Secondly, you can already see it in the price and this is a correction, if today the price maintains its postion good but if it falls a USD or two then watch it hit it's next support level. If you are holding and selling covered calls or puts good for you, great strategy as it will go up. I am out Apple and am waiting for a good price to buy in for the next run up. So which ever way I buy apple after Q2 results- hell or heaven -can both be pretty....
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
I felt horrible! But then I MADE money. I bought it immediately after it's crazy block buster 1st Q results. Anyway, markets are correcting and it might be a good time to be in cash. Lets see how this week goes with banks and quarterly results. Happy investing.... BTW (by the way) LOL (laugh out loud)
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
My nose is growing? Positive equity do I look like Pinochho? :) BTW after google got busted it is very cheap, but I would wait for it to get slammed before buying it. As far as Apple goes we just have to wait until April 24th- either which way it is a buy after the results....
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
I bought Apple @ 90 USD sold it at 245 and then bought it @ 90 and then sold it at 260 and then bought it in Jan after Q1 results and sold it at 500. Watched it hit 640 and now am feeling good that it is correcting as I shall buy it at 577 depending on how it beats Q2 or meets Q2 or is less. Which ever way buying apple after April 24th is the only way to go. Actually Google is pretty cheap after it's great earnings but lousy stock split decision. Munster is a rockstar but his predictions are way above estimates.....best of luck
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
I think Apple will miss estimates due to: - lack luster international sales in Germany, where you can walk into any shop and buy the new ipad, - Chinese chaos which brought a halt to the sales in China for a week - the overheating of the ipads which must have caused die hard apple fans to pause
Apple will miss estimates and momentum will do the rest.
Heading into Apple's (AAPL) April 24 FQ2 report, Gene Munster predicts his favorite company will report it sold 33M iPhones, 12M iPads, and 4.3M Macs during the quarter - consensus forecasts stand at 30.5M, 13M, and 4.4M, respectively. In spite of the conservative iPad forecast, Munster believes demand is healthy, noting "wait times at Apple's online store remain at 1-2 weeks." He also expects an Apple TV set to be announced late this year. (Barclays) (Sterne Agee) [View news story]
I think Apple will miss estimates due to: - lack luster international sales in Germany, where you can walk into any shop and buy the new ipad, - Chinese chaos which brought a halt to the sales in China for a week - the overheating of the ipads which must have caused die hard apple fans to pause
Mar. Nonfarm Payrolls: +120K vs. consensus of +201K, prior 227K. Unemployment 8.2% vs 8.3% expected. Average workweek 34.5 in-line with expectations. Average hourly earnings 0.2% in-line with expectations. [View news story]
3-5% correction expected.....instead of May, better to sell and go away now....damn all that profit from Jan-March 12% slowly getting eroded...
There's no clear trigger behind the latest selloff in Apple (AAPL -3.4%); shares are now down 9% from their Tuesday high. Some speculate Texas Instruments' (TXN) addition to the NASDAQ 100 (QQQ) is playing a role, as index funds will need to sell some Apple to rebalance, but that can't explain why fellow large-cap index members Microsoft (MSFT +0.9%) and Intel (INTC +1%) are up. With Apple still up 43% YTD, perhaps a breather was inevitable. [View news story]
There's no clear trigger behind the latest selloff in Apple (AAPL -3.4%); shares are now down 9% from their Tuesday high. Some speculate Texas Instruments' (TXN) addition to the NASDAQ 100 (QQQ) is playing a role, as index funds will need to sell some Apple to rebalance, but that can't explain why fellow large-cap index members Microsoft (MSFT +0.9%) and Intel (INTC +1%) are up. With Apple still up 43% YTD, perhaps a breather was inevitable. [View news story]
There's no clear trigger behind the latest selloff in Apple (AAPL -3.4%); shares are now down 9% from their Tuesday high. Some speculate Texas Instruments' (TXN) addition to the NASDAQ 100 (QQQ) is playing a role, as index funds will need to sell some Apple to rebalance, but that can't explain why fellow large-cap index members Microsoft (MSFT +0.9%) and Intel (INTC +1%) are up. With Apple still up 43% YTD, perhaps a breather was inevitable. [View news story]
Heading into Apple's (AAPL) April 24 FQ2 report, Gene Munster predicts his favorite company will report it sold 33M iPhones, 12M iPads, and 4.3M Macs during the quarter - consensus forecasts stand at 30.5M, 13M, and 4.4M, respectively. In spite of the conservative iPad forecast, Munster believes demand is healthy, noting "wait times at Apple's online store remain at 1-2 weeks." He also expects an Apple TV set to be announced late this year. (Barclays) (Sterne Agee) [View news story]
it looks like 577 will happen and then 569, 556 and lastly 543 before any turnaround....if it goes below then time to really prey otherwise if the results are blockbuster we are in the money otherwise 3rd Q buildup will help you to be in the money + dividend.....
My play buy 1/3 @ 577/575 then 1/3 @ 551 and lastly 1/3 @ 543 giving you an average buying price of 557 USD. Actually I am feeling lucky and it would be better to buy nothing @ 577 and buy 1/3@ 568, 1/3 @551 and 1/3 @ 543 giving you an average buying price of USD 554. Happy hunting
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
My play buy 1/3 @ 577/575 then 1/3 @ 551 and lastly 1/3 @ 543 giving you an average buying price of 557 USD. Actually I am feeling lucky and it would be better to buy nothing @ 577 and buy 1/3@ 568, 1/3 @551 and 1/3 @ 543 giving you an average buying price of USD 554. Happy hunting
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
April 13th - $605.00/share
i.e= 5.4% drop
From 10.04 to 13.04 on average 30 million shares have been traded and this is on the high end for Apple stocks. Another indicator that today will be red. The relative strength index, has fallen below 70 currently at 54 below its low of 57 on 24th January 2012, another indicator it is heading down.
Momentum has also fallen to below 20 from trending above 50 from Feb 8th to April 11th. It fell from 50 to 19 in 2 days and does not look like its reversing.
These technical indicators will become divergent if Apple rises today but in the long run PRICE FOLLOWS THE INDICATORS.
Currently @ 605 USD. This is also the first level of support, if Apple does not break this support level good, if it does, then we see 600.75 as next level of support after which 575 (upper GAP), 568 (lower GAP). The major support level is 543.29. It can hit 543.29 before turning around if it meets/misses Q2 estimates or gives a bad outlook. I guess the outlook will be great because everything is going great guns for them. That leaves only the results beating estimates solidly for it to blow up to 623, 636, 644 where it meets resistance.
Heading into Apple's (AAPL) April 24 FQ2 report, Gene Munster predicts his favorite company will report it sold 33M iPhones, 12M iPads, and 4.3M Macs during the quarter - consensus forecasts stand at 30.5M, 13M, and 4.4M, respectively. In spite of the conservative iPad forecast, Munster believes demand is healthy, noting "wait times at Apple's online store remain at 1-2 weeks." He also expects an Apple TV set to be announced late this year. (Barclays) (Sterne Agee) [View news story]
April 13th - $605.00/share
i.e= 5.4% drop
This is also the first level of support, if Apple does not break this support level good, if it does, then we see 600.75 as next level of support after which 575 (upper GAP), 568 (lower GAP). The major support level is 543.29. It can hit 543.29 before turning around if it meets/misses Q2 estimates or gives a bad outlook. I guess the outlook will be great because everything is going great guns for them. That leaves only the results beating estimates solidly for it to blow up to 623, 636, 644 where it meets resistance.
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
Possibly contributing to today's weakness in Apple (AAPL -2.5%) is another cautious note from Wedge Partners' Brian Blair (previous), who argues FQ2 iPad expectations are too high. Blair believes just 11M iPads were sold in FQ2, well below a consensus of 13M. He also worries iPhone sales (the majority of Apple's gross profit) could disappoint if estimates rise further. [View news story]
- lack luster international sales in Germany, where you can walk into any shop and buy the new ipad,
- Chinese chaos which brought a halt to the sales in China for a week
- the overheating of the ipads which must have caused die hard apple fans to pause
Apple will miss estimates and momentum will do the rest.
Looking at a pullback of 7%. 577 USD
Heading into Apple's (AAPL) April 24 FQ2 report, Gene Munster predicts his favorite company will report it sold 33M iPhones, 12M iPads, and 4.3M Macs during the quarter - consensus forecasts stand at 30.5M, 13M, and 4.4M, respectively. In spite of the conservative iPad forecast, Munster believes demand is healthy, noting "wait times at Apple's online store remain at 1-2 weeks." He also expects an Apple TV set to be announced late this year. (Barclays) (Sterne Agee) [View news story]
- lack luster international sales in Germany, where you can walk into any shop and buy the new ipad,
- Chinese chaos which brought a halt to the sales in China for a week
- the overheating of the ipads which must have caused die hard apple fans to pause
Looking at a pullback of 7%. 577 USD
Mar. Nonfarm Payrolls: +120K vs. consensus of +201K, prior 227K. Unemployment 8.2% vs 8.3% expected. Average workweek 34.5 in-line with expectations. Average hourly earnings 0.2% in-line with expectations. [View news story]