AAPL

noddyboy said:
Usually the target rises, not the acquirer.
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yes target rose over about 28%. The problem with the market is that too much money is chasing little stocks. We have many frustrated investors with loads of cash waiting for the market correction and that is not happening and they are getting nervous and losing patience and buying at whatever price they get. Not all of them.
 
Phill Twist said:
AAPL is already up > 35 BILLION $$ in cap. Why do people need more ? FED event today @ 2 pm..who knows
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Aside from traders, the long term investors (mutual fund managers) look at AAPL for its future earnings growth. Apparently, the estimates for the earnings growth for 2017 is 7.89% and for 2018 is 9.64%, according to data compiled by Zacks Investment Research (see link below).

So "people need more" because of the future expectations for earnings.

There was a prior earnings gap around $103 which I mentioned awhile back would fill. That has now filled, and AAPL is resting on the trendline (which is still down from the $134 top). If the bulls can persevere, then AAPL will try to make its way back up to the all time high, which brings an investor around a 30% return from today's price around $104. If AAPL breaks through, then it could start yet another bull run to whatever top it may create in the future.

If not, then the gap created by this current earnings will likely fill, and AAPL will roll over with the market. That would simply create another buying opportunity for people who "need more" of their daily dose of AAPL! :)

http://www.nasdaq.com/symbol/aapl/earnings-growth

AAPL price action at declining ma:

http://finviz.com/quote.ashx?t=aapl
 
Welp... I just got a fill on more puts. Hmmmm. I reeeally think it closes at $103.50 tomorrow..... but I could be wrong. Not lookin' good.
 
hahaah... no... I forgot I had an open order. :) I think 103.50 will be the mark tomorrow. We'll see. At least I got Fitbit right today.
 
Google and Amazon beat and look good... my thesis today was that this would indeed be the case, and with very little new money coming into the market, the tech etf's and other funds will chase Google and Amazon, by selling off AAPL to get cash. Both AMZN and GOOG present better growth prospects presently. Its like a "rolling bull" in tech, only so much money to go around. I suspect Pigflix will drop tomorrow too. As will PCLN.

We shall see. $102.50 might not be out of the question tomorrow.
 
vanzandt said:
Google and Amazon beat and look good... my thesis today was that this would indeed be the case, and with very little new money coming into the market, the tech etf's and other funds will chase Google and Amazon, by selling off AAPL to get cash. Both AMZN and GOOG present better growth prospects presently. Its like a "rolling bull" in tech, only so much money to go around. I suspect Pigflix will drop tomorrow too. As will PCLN.

We shall see. $102.50 might not be out of the question tomorrow.
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Oh my god, this is very logical and valid prediction.
Smart money needs to sell something first before buying something else because of fund constraint... although I read a lot of journals on market liquidity and fund constraints, I understand the practical side only when someone points out.
You are so good, a lot to learn from you :)
 
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