vicc1972

Apple at $135: Low Hanging Fruit

Remember in August 2007 when AAPL was 112 and everyone would have you believe the sky was falling? In the 2 months that followed AAPL went as high as 189. The boo birds came out then and they are coming out again.

Those that are long on AAPL are all disappointed in the guidance that came from Oppenheimer but the reality is that he stayed consistent with the way he provides guidance. If anyone thinks that Oppenheimer wasn't aware that his stock would get battered on his guidance then think again. That's why he's the C-Level executive of a very influential global company.

What Apple did shows confidence on the part of Apple about it's future prospects. They are thinking forward and not worrying about the performance of their stock for a couple of days or weeks in the market.

As the saying goes: Control the things you can control.

4 Prior Market Crashes

This is interesting but are telling us that these 4 dates are the only times we've seen a chart like this in the history of the market? This is borderline fear-mongering.