|Day Low/High||169.75 / 171.70|
|52 Wk Low/High||142.00 / 233.47|
Many analysts are urging investors to ignore the short term noise and look to the company's efforts to monetize its massive user base.
Using options I can determine how much the market is expecting AAPL to move and in what direction it might be leaning.
It is very unlikely that Apple is going to report something that is going to help it regain strong momentum.
Expectations for Apple are all over the place.
It's tough to do much while we await major news events.
The iPhone maker is a show-me stock ahead of its fiscal first-quarter results
We want to check on the charts and technical indicators ahead of the big earnings release.
What we have seen of late from a number of chip producers really might be interpreted as pre-recessionary.
While the indices are no longer severely overbought, they have been stalling for the past week. Stay vigilant and be ready to act.
To get a real bargain when a company does a pre-announcement, wait until that stock to take out its lows before buying. Otherwise, pass on that name.
It hasn't come down enough for me to think we're oversold, so I call it working off the overbought condition.
As Apple preps video and news/magazine services for launch this year, a new report states the company is also thinking about launching a gaming service.
This is some sort of whacky, crazy bull market that just doesn't want to go down.
The bears were unable to generate sustained downside pressure on Monday as the indices closed down.
I'm quite sure the whipsaw action over the past couple of months is driving you nuts.
There are some warning signs flashing but the news events in the next couple of days will tell the tale.
It looks like the S&P 500 is about to test the intraday lows and that will prevent much upside action.
While consolidation may be key to the cannabis market in 2019, this IPO is worthy of a deeper dive.
The marketplace will react to this week's China, U.S. trade talks in a huge way.
There is concern about missing out on further upside, but technically some sort of pullback is probable.
Central banks keep coming into to support markets, but this is going to be a volatile week.
The chip stock surge at the week's end shines a light on just how pessimistic some investors had been as earnings multiples fell to rock-bottom levels last year.
It's going to be one hectic week.
Regardless of what is moving the markets, it is a good example of how you have to focus on price action above all else.
The Chinese are coming to this table and while we might be miles away from an agreement, that is just one more concern for what could turn out to be a teetering Chinese economy.
What happened today is a recognition by money managers that they are paying too much for the drug and food stocks and too little for the building block techs.
* I have no clear view on semi fundamentals * We may be getting the momentum boys back into the chip names (which is disturbing) * But, we should once again learn from the dramatic drop in share prices of former market darlings. Semiconductor shares...