AAPL just announced they will miss their Qtr

Overnight said:
Mmmm, I suspect this will be an excuse for some real profit-taking. At least for a few days. I mean, the implications are serious for guidance going forward.
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Read the CNBC article. it is POSSIBLE it's not that serious.

https://www.cnbc.com/2020/02/17/app...ne-supply-and-suppressed-demand-in-china.html


All iPhone manufacturing in China has reopened, but expect supply shortages GLOBALLY... This can be a good thing.

Apple slashed guidance in Q1-2019 due to weak sales in China.... A weak China market is NOT a new wrinkle.

Im just playing devils advocate... I don't trade stocks... If I did, without even a look at AAPL chart, I would test the waters by shorting an opening pop. If no pop, I wouldn't bother without more due dilly on my part.
 
jys78 said:
So all the way back down around Friday's levels, wow what a crash!
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Did I say it was a crash? I simply indicated it would look to be a 50-60 point gap down. It gapped down 70 is all I was saying.

And the night is young, you know...
 
southall said:
Its spread you butt cheeks time. Mr market is going to give you a good ole rogering.

Nah, it will probably close the gap tommorow.
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If not by then, by the Wednesday Fed minutes I reckon', provided they still be all dovish and whatnot.
 
Overnight said:
Did I say it was a crash? I simply indicated it would look to be a 50-60 point gap down. It gapped down 70 is all I was saying.

And the night is young, you know...
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I didn't mean you specifically just the general hype in this thread and elsewhere about the AAPL announcement.
 
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