When is comes to new products what Apple needs to do is add product lines that build on the Apple ecosystem. Pretty much any high margin mass market product Apple can make that contributes to the addiction of Apple's ecosystem is a plus.
A 7.5 inch tablet comes closer to that goal than an iTv.
Apple: Take Profits Before You Lose Them [View article]
I suppose that's true of all rising share prices of all equities. People are entering at higher prices. When a share price goes up, it's hard to enter at a lower price. Other than exercising options.
I got it. We're throwing out the fundamentals. I can accept that. I'll check technicals any time before I enter or exit a position.
Money Flow. It's not ever close to overbought. RSI [14]. barely into the overbought range, but close to the low of the last two months. Fast Stochastics. Below the overbought range. Slow Stochastics. Barely into overbought Volume: Nothing out of the ordinary showing up. Pretty much 20 million across the last couple of months; there are the occasional spikes you see in most high volume stock, no indication that average volume is decreasing.
The other thing techicians will look at is earnings release. Nominally, 3 weeks away. Apple has a pretty decent record of rising into earnings. Why would this time be different? There's the odd ball analyst who thinks that ample supply means Apple isn't selling iPads. If Apple is going to sell off before earnings there would have to be a considerable group of shares traded based on the assumption that Apple will disappoint.
Any technician that was selling on share price above the 50 day or 200 day moving averages sold off long ago.
Apple: Take Profits Before You Lose Them [View article]
Perhaps it's not behaving like a normal stock, because it's not a normal company.
Cite another large cap company with the same growth rate in revenue and earnings.
I am perfectly aware that the chart looks like the "standard" parabolic blow off. I'm also aware that a chart of earnings follows the same trajectory.
In a typical parabolic blow off the PEG increases well beyond what fundamentals can justify. The PEG for Apple is still under 1.. That's not "normal". But it's a good not normal.
Apple: Take Profits Before You Lose Them [View article]
There are always bubbles brewing somewhere. If you want to put up the financial comparison of the tulip bubble against the Apple bubble that would be great.
With 20 million shares traded on a daily basis are you indicating there is no one taking profits? Explain that please.
Apple: Being Shrewd And Offering No Apologies [View article]
You have to change the definition of recession for the US to be in a recession for 2 1/2 years. Many people have changed the definition but that was for political jawboning.
"The worst part has got to be over," says Wilbur Ross of natural gas, conceding his purchase of Exco (XCO) was a bit early. "(It) doesn't give cancer... very cheap per Btu... and is less pollutive than oil or coal." Not only will it become a bigger portion of domestic energy supply, but the export possibilities are outstanding. [View news story]
I wouldn't bet the worst is over. How about $1.50 for nat gas?
There are a lot of good things that could be done with nat gas, it's just there not being enough done and not fast enough to put a noticeable dent in the oversupply.
Apple: Take Profits Before You Lose Them [View article]
I don't have an issue with the principle of taking some profits off the table. What I don't get is why any of the people who recommend taking profits don't suggest trailing stops.
No one can predict the top of the run. Maybe it will be today, maybe it will be when Apple reports earnings. Put in a trailing stop if you want to protect your profits.
Of course there's also the issue of tax consequences. If you sell your shares, you pay the tax man [unless it's in an IRA/Keogh]. So if you would like to buy the shares back after the dip, you likely won't be able to buy back the same number of shares.
You're as likely to pick the bottom as you are the top.
I saw someone post on another topic that they protected their profit by selling his shares at 614. Had he bought the shares back at 599, he would have been brilliant. [ignoring the tax issue]. He never updated his post that he bought them back. So he's looking at AAPL trading at 627 and he has to pay taxes on his gains.
The creditors are doing their own bidding. They've filed suit in China that Proview doesn't own that trademark, the creditors own it.
It could turn out that the Courts in China determine the creditors own the trademark, not Proview. Apple settles with the creditors and Proview doesn't get a dime.
Is there a date when the high court in China is supposed to decide? I think I saw that the Proview suit is headed for the high court, but I don't recall that a date was given. The creditors just filed suit against Proview. So that's at the bottom of the pile.
Without getting a full explanation from Apple [score that as zero probability] let's admit there's some speculation going on here. You're looking at the code and not the underlying issue of that code.
Having a career in system security I can say that while that specific code may not be a problem, what it may have done is highlighted a crack into a security vulnerability. One solution is to bar apps that can use that opening. And if that's the first one to use it ...
Will Apple Make A 7 Inch iPad? [View article]
A 7.5 inch tablet comes closer to that goal than an iTv.
Apple: Take Profits Before You Lose Them [View article]
Apple: Take Profits Before You Lose Them [View article]
I got it. We're throwing out the fundamentals. I can accept that. I'll check technicals any time before I enter or exit a position.
Money Flow. It's not ever close to overbought.
RSI [14]. barely into the overbought range, but close to the low of the last two months.
Fast Stochastics. Below the overbought range.
Slow Stochastics. Barely into overbought
Volume: Nothing out of the ordinary showing up. Pretty much 20 million across the last couple of months; there are the occasional spikes you see in most high volume stock, no indication that average volume is decreasing.
The other thing techicians will look at is earnings release. Nominally, 3 weeks away. Apple has a pretty decent record of rising into earnings. Why would this time be different? There's the odd ball analyst who thinks that ample supply means Apple isn't selling iPads. If Apple is going to sell off before earnings there would have to be a considerable group of shares traded based on the assumption that Apple will disappoint.
Any technician that was selling on share price above the 50 day or 200 day moving averages sold off long ago.
Apple: Take Profits Before You Lose Them [View article]
Cite another large cap company with the same growth rate in revenue and earnings.
I am perfectly aware that the chart looks like the "standard" parabolic blow off. I'm also aware that a chart of earnings follows the same trajectory.
In a typical parabolic blow off the PEG increases well beyond what fundamentals can justify. The PEG for Apple is still under 1.. That's not "normal". But it's a good not normal.
Apple: Take Profits Before You Lose Them [View article]
With 20 million shares traded on a daily basis are you indicating there is no one taking profits? Explain that please.
Apple: Being Shrewd And Offering No Apologies [View article]
"Too high" based on what?
The PEG is too high? I don't think Peter Lynch would say the PEG is too high.
$600/share is too high? That's arbitrary. GOOG is at $634/share. AAPL is at $620/share.
Market cap is too high? How would you calculate what the market cap should be?
Too high to relative earnings. Too high to relative growth rate.
When people claim a particular stock is bargain, they put some numbers on the table that justify why they believe a stock is a bargain.
Put some numbers on the table that justifies why you think Apple is "Too high".
Apple: Being Shrewd And Offering No Apologies [View article]
"The worst part has got to be over," says Wilbur Ross of natural gas, conceding his purchase of Exco (XCO) was a bit early. "(It) doesn't give cancer... very cheap per Btu... and is less pollutive than oil or coal." Not only will it become a bigger portion of domestic energy supply, but the export possibilities are outstanding. [View news story]
There are a lot of good things that could be done with nat gas, it's just there not being enough done and not fast enough to put a noticeable dent in the oversupply.
Is Ford Going To Stall Or Move Up? [View article]
Are Apple Investors Too Optimistic? Maybe [View article]
Apple: Take Profits Before You Lose Them [View article]
No one can predict the top of the run. Maybe it will be today, maybe it will be when Apple reports earnings. Put in a trailing stop if you want to protect your profits.
Of course there's also the issue of tax consequences. If you sell your shares, you pay the tax man [unless it's in an IRA/Keogh]. So if you would like to buy the shares back after the dip, you likely won't be able to buy back the same number of shares.
You're as likely to pick the bottom as you are the top.
I saw someone post on another topic that they protected their profit by selling his shares at 614. Had he bought the shares back at 599, he would have been brilliant. [ignoring the tax issue]. He never updated his post that he bought them back. So he's looking at AAPL trading at 627 and he has to pay taxes on his gains.
Good decision?
Why I Now Dislike Apple [View article]
Buy Apple: On Sale For $599 For A Limited Time [View article]
If we all e-mail CNBC, maybe we can get Paul on the show. ;o)
The Apple Rumor Mill [View article]
It could turn out that the Courts in China determine the creditors own the trademark, not Proview. Apple settles with the creditors and Proview doesn't get a dime.
Is there a date when the high court in China is supposed to decide? I think I saw that the Proview suit is headed for the high court, but I don't recall that a date was given. The creditors just filed suit against Proview. So that's at the bottom of the pile.
The Apple Rumor Mill [View article]
Having a career in system security I can say that while that specific code may not be a problem, what it may have done is highlighted a crack into a security vulnerability. One solution is to bar apps that can use that opening. And if that's the first one to use it ...