Apple Inc. (AAPL)

110.53
0.67 0.60
NASDAQ
Prev Close 111.20
Open 112.37
Day Low/High 112.20 / 116.93
52 Wk Low/High 53.15 / 137.98
Volume 134.66M
Exchange NASDAQ
Shares Outstanding 17337.34B
Market Cap 2021.53B
P/E Ratio 35.33
Div & Yield N.A. (N.A)

Tech-nically Speaking, I am Encouraged in the Pivot From Growth to Value

I am emboldened on the pivot to value, after the release (and market response) to the earnings results at Twitter , Apple , Facebook , Alphabet and Amazon .   Google rallied back to +$140 (in after hours), and I have sold my position down to small-s...

The Earnings Floodgates Have Opened, Now Expect Violent Waters

The Earnings Floodgates Have Opened, Now Expect Violent Waters

Big tech reports are landing, and we are in for some rough trading over the next few days.

I Expect Apple Shares to Sell Off Further

* This recent short was my "Trade of the Week" (short) on Monday * I continue to see a pivot from growth to value Apple had a slight beat to expectations, though not as strong relative to consensus that Google and Amazon achieved. Significantly, iPh...

Back of the Envelope on the Important EPS Releases

My panel and presentation just ended, so I will be able to comment briefly about the earnings earnings releases.   To begin with Alphabet's numbers were amazing -- beat on every metric. (I have been consistently adding to this name as recently as ye...

Earnings Season Has Mostly Looked Good for Chip Suppliers

Earnings Season Has Mostly Looked Good for Chip Suppliers

While Intel stumbled, other major chip developers and manufacturers have been generally upbeat amid strong end-market demand. And M&A activity is on the upswing again.

I'll Be a Lurker Into the Blizzard of Earnings and Wild Action

I'll Be a Lurker Into the Blizzard of Earnings and Wild Action

I'm not impressed by the markets' moves and they could easily foil even the best plans -- but here's how to position yourself.

My Biggest Concern Right Now Is the Potential for Sustained Upside Movement

My Biggest Concern Right Now Is the Potential for Sustained Upside Movement

We are due for a bounce and the earnings tonight are a good catalyst but then what?

With Halloween-Themed Dividend Stocks, the Devil Is in the Details

With Halloween-Themed Dividend Stocks, the Devil Is in the Details

This edition of 'dividend derby' has a grab bag of options -- and we pick the sweetest.

Trades

I was active trading yesterday:  * I took a long rental. * I added to , , , , , , , and longs. * I covered small (still medium-sized), (from large-sized to medium-sized), (still medium-sized) and (still medium-sized) shorts. __________  Long GOOGL (...

Earnings News Will Provide a Respite From Covid and Election Uncertainty

Earnings News Will Provide a Respite From Covid and Election Uncertainty

There is little reason to anticipate a sustained bounce at this point, but there are positive aspects to the price action.

Nasty Mix, Lockdown Anxiety, Measuring the Fears, Super Bowl of Tech Earnings

Nasty Mix, Lockdown Anxiety, Measuring the Fears, Super Bowl of Tech Earnings

In plain speak, they ran for the exits on Wednesday, This week has been a period of intense institutional distribution.

This Isn't March All Over Again, but It Feels Familiar

This Isn't March All Over Again, but It Feels Familiar

We see some parallels between March and the current market action, but also some major differences.

Looking for Diversification in the eSports Space? Consider Corsair Gaming

Looking for Diversification in the eSports Space? Consider Corsair Gaming

I'd keep my eye on strength outside of earnings, and CRSR has been strong.

Buying These Names Now

* And covering small in individual shorts  DJIA, Nasdaq and S&P, down -900 -350 and -100, respectively. My reaction? I am buying more , , , , , and in the last 30 minutes. I have covered small in (still medium-sized), (from large-sized to medium-siz...

Surviving in This Environment, Shaky Recovery, Lilly and Pfizer Setbacks

Surviving in This Environment, Shaky Recovery, Lilly and Pfizer Setbacks

The 'work from home' or 'economic lockdown' trade is close to being back on.

For AMD Traders Now, It's Fundamentals Vs. Technicals

For AMD Traders Now, It's Fundamentals Vs. Technicals

I love the Xilinx deal, but the technical picture is a concern and should be followed closely.

In the 5G Race, the 'Crown' Goes to This Dividend Stock

In the 5G Race, the 'Crown' Goes to This Dividend Stock

The 5G 'dividend derby' has begun and here's who could benefit from the roll out of the technology.

Apple's Shares Could Fall If the DOJ Threatens to Change the Profitable Ties Between Google and Apple

"There's a risk, if you play it out, that there actually could be more financial impact to Apple than there is for Google," said Toni Sacconaghi, an analyst for Bernstein. He estimates that Apple's stock could fall as much as 20% if the deal with Go...

Red Monday, Virus Rattles Market, Political Picture, Aerospace & Defense Stocks

Red Monday, Virus Rattles Market, Political Picture, Aerospace & Defense Stocks

This is a major earnings week, electoral risk is real, the virus is already slowing velocity, and the cavalry (fiscal policy) is not coming. Sometimes, circling the wagons is not the worst idea.

Jim Cramer: Here's Where to Put Your Cash

Jim Cramer: Here's Where to Put Your Cash

We're down and it's a rocky week ahead, but we have a group of five bull markets for times like this.

I Like My Positioning

* Especially into next Tuesday's election * I end the day between small-to medium-sized net short in exposure (but closer to small!) I end the day with large and put positions (having covered all my Index shorts -- for a nice profit -- into the whoo...

Subscriber Comment of the Day

An alternative view of Apple from PJM:  PJM  Apple tends to be a good higher probability short after all their product releases in the Fall. Instead of excitement over anticipating new products the market and analysts worry about demand and frequent...

This Is the Stock I've Chosen...

"So when he turned up dead, I let it go. And I said to myself this is the business we've chosen. I didn't ask who gave the order. Because it had nothing to do with business " - Hyman Roth, The Godfather   I was between Apple  (short) and Square (sho...

Trading Around Positions

* As I always do!  On weakness I have moved my and shorts back down to medium-sized from large.  This takes me back to medium-sized net short in exposure.  I am offering more Apple short at $116, bidding for Walmart at $142, and that is about it.   ...

Trade of the Week (Short Apple - $115.15)

* For the second time in two months I am selecting Apple (short) as my "Trade of the Week" * Besides my iPhone concerns, an APPL short is part of my pivot thesis from growth to value * I view Apple as both a trading and investing short  "Short Stock...

The Market Grows Nervous About the Election, Covid-19, Earnings and Stimulus

The Market Grows Nervous About the Election, Covid-19, Earnings and Stimulus

Traders have managed to shake off the headlines up to now, but that is becoming more difficult.

Politics and the Virus, Unpriced Risk, Monster Earnings

Politics and the Virus, Unpriced Risk, Monster Earnings

There is no stimulus deadline. There is no deal. There are only the games people play.

Kass: A Tactical Approach for the Next 6-9 Months

Kass: A Tactical Approach for the Next 6-9 Months

Here are some strategic and thematic ideas that I'm currently employing for year-end and for 2021.

Some Investment Themes to Consider Over the Next Few Months

As you map out your strategy for year-end and for 2021, here are some themes to consider:  * Short Fixed Income: Bonds are among the most risky and least efficiently priced asset classes extant. The 10 year note yield is about to break to the upside...

The Market Action Continues Unfavorable

I have added to my Apple short  and several others - raising my net short exposure to between medium-sized and large -sized today.