Apple adding billions in market every day, up over 80% for 2019, no way can this trend continue, law of large numbers are going to be the force against apple continuing such a run. Stocks are getting completely priced out, earnings would have to extremely spectacular to warrant such an advancement in apple stock going into 2020. The fed has once again caused an asset bubble.
you sound a bit self conflicting... is fed bubbling or is apple not going up.
is there any doubt on my $1000 aapl call?
you completely ignore the point I have made repeatedly.... yes fed is bubbling, but how do you measure....
let me give the math again..apple bonds are yielding 2%, stocking is forward yielding 5%... if this gap closes, say the stock gets to 40 P/E which is 2.5% yield, then you have $600 aapl, now factor in the canceled shares due to the buy backs, and additional 50% earnings growth when we finally reach the top in 3-4 years, plus aapl will likely have monopoly on the 5G to compete with HuaWei.. $1000 aapl is easily within reach.
40 p/e sounds crazy but it is by no means when we have ZIRP NIRP... the 10 year bonds are at 50+ P/E right now, people just rather have their eyes blind folded and keep talking about yield without thinking about what the P/E is for a bond.
financial freedom requires a vision... this is not a pipe dream... nobody has been able to argue against the math above, yet people are butt hurt because they didn't buy aapl when it was $100 of lower not long ago.
if you keep looking at the left side of the chart you will never benefit by the right side that is yet to form.
think about the super cycles in recent history... China real estate.. I have a property that increased 40x after 20 years...
if you don't have a vision you will never make anything big.