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Interesting dropoff in apple today.....can't find any news?
Posted by ThaBigFella on 5/14/13 at 1:31 pm00
Anyone read anything bc i cant find anything, seems odd for a 3% decline just like that
re: Interesting dropoff in apple today.....can't find any news?Posted by Vols&Shaft83 on 5/14/13 at 1:46 pm to ThaBigFella
quote:
Anyone read anything bc i cant find anything, seems odd for a 3% decline just like that
Not for a tech stock, especially Apple.
re: Interesting dropoff in apple today.....can't find any news?Posted by Notro on 5/14/13 at 1:47 pm to ThaBigFella
re: Interesting dropoff in apple today.....can't find any news?Posted by ZereauxSum on 5/14/13 at 2:19 pm to ThaBigFella
New Nokia phone?
I really have no idea. Very strange.
I really have no idea. Very strange.
re: Interesting dropoff in apple today.....can't find any news?Posted by LSURussian on 5/14/13 at 2:47 pm to ThaBigFella
iPhone5s delayed until September release rather than June.
re: Interesting dropoff in apple today.....can't find any news?Posted by Vols&Shaft83 on 5/14/13 at 2:53 pm to LSURussian
Obama, I blame Obama
re: Interesting dropoff in apple today.....can't find any news?Posted by slackster on 5/14/13 at 2:59 pm to ThaBigFella
quote:
Anyone read anything bc i cant find anything, seems odd for a 3% decline just like that
I want to say CNBC had a report this morning about smartphone marketshare and Apple's operating system was down more than what was expected, but I'm not sure of the date or source of the report.
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re: Interesting dropoff in apple today.....can't find any news?Posted by ThaBigFella on 5/14/13 at 4:14 pm to slackster
The WWDC is next month but the thing that really has me excited is this....apple's partner pegatron is ramping up for something big by hiring 40,000 new employees....40,000!!!! Rumors have it that a cheaper iphone for the overseas market is the cause. I really feel in 5-10 years Itunes alone will do $100B in sales, its crazy the rate its growing at and it seems apple is turning into more of a media company vs a computer/phone company.
LINK
LINK
This post was edited on 5/14 at 4:16 pm
re: Interesting dropoff in apple today.....can't find any news?Posted by BennyAndTheInkJets on 5/14/13 at 4:53 pm to ThaBigFella
It's weird, huh? It just couldn't break and confirm that 460 support level.
Does it make any fundamental sense why a Fibonacci retracement ratio would be important for a stock to break through? Absolutely not. But it keeps happening again and again. Then news comes out at exactly the time that support levels aren't broken and confirmed, relative strength slows, and momentum slows. They aren't related, but it keeps happening over and over again all across the market. This is why I love technicals for equities and why I always say: Bonds are priced on expectations, equities are priced on unicorns and rainbows. Nutty stuff BigFella.
Does it make any fundamental sense why a Fibonacci retracement ratio would be important for a stock to break through? Absolutely not. But it keeps happening again and again. Then news comes out at exactly the time that support levels aren't broken and confirmed, relative strength slows, and momentum slows. They aren't related, but it keeps happening over and over again all across the market. This is why I love technicals for equities and why I always say: Bonds are priced on expectations, equities are priced on unicorns and rainbows. Nutty stuff BigFella.
This post was edited on 5/14 at 4:54 pm
re: Interesting dropoff in apple today.....can't find any news?Posted by NC_Tigah on 5/14/13 at 6:14 pm to LSURussian
quote:Likely.
iPhone5s delayed until September release rather than June.
Considering AAPL's multiple, I just do not understand the ? sentiment.
re: Interesting dropoff in apple today.....can't find any news?Posted by Coeur du Tigre on 5/15/13 at 1:45 am to BennyAndTheInkJets
quote:
equities are priced on unicorns and rainbows.
Jackson Pollock meets J.R.R. Tolkien:
This post was edited on 5/15 at 2:37 am
re: Interesting dropoff in apple today.....can't find any news?Posted by Vols&Shaft83 on 5/15/13 at 7:05 am to BennyAndTheInkJets
quote:
Bonds are priced on expectations, equities are priced on unicorns and rainbows, and bitcoins are:
re: Interesting dropoff in apple today.....can't find any news?Posted by ThaBigFella on 5/15/13 at 8:17 am to Vols&Shaft83
its $440 premarket.....to me Im holding it as an investment till the next line of products is released, you get $1/month in dividends per share while you wait. The traders and analysts are killing this stock. Anyone who has any long term vision can see this is still THE BEST BLUE CHIP to own.
1.its priced low
2.its got exciting new products coming out in the next year(does coke?)
3.it has a retail footprint none of the other past failed tech giants had
I feel like the 40,000 hired employees signal something big coming and I also imagine an Itv being released would boost not only revenue but the sheer number of itunes users bc people who owned an Itv would be able to buy/rent movies in their living room and there would no longer be need for redbox trips. Also older people who dont know how to download on torrents and connect their HDMI cord from laptop to Tv would now be able to simply purchase a movie and Itunes will be gigantic. I'm an investor not a short term trader and with the cash on hand and growth in the dividend apple could be a great stock over the next few years WITH NO GROWTH thats why the Russian Billionaire dropped $100M into it
1.its priced low
2.its got exciting new products coming out in the next year(does coke?)
3.it has a retail footprint none of the other past failed tech giants had
I feel like the 40,000 hired employees signal something big coming and I also imagine an Itv being released would boost not only revenue but the sheer number of itunes users bc people who owned an Itv would be able to buy/rent movies in their living room and there would no longer be need for redbox trips. Also older people who dont know how to download on torrents and connect their HDMI cord from laptop to Tv would now be able to simply purchase a movie and Itunes will be gigantic. I'm an investor not a short term trader and with the cash on hand and growth in the dividend apple could be a great stock over the next few years WITH NO GROWTH thats why the Russian Billionaire dropped $100M into it
This post was edited on 5/15 at 8:20 am
re: Interesting dropoff in apple today.....can't find any news?Posted by ThaBigFella on 5/15/13 at 11:01 am to ThaBigFella
and a second straight day with a 3% drop....
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