Apple Inc. (AAPL)

116.59
NASDAQ
Prev Close 116.03
Day Low/High 116.22 / 117.49
52 Wk Low/High 53.15 / 137.98
Exchange NASDAQ
Shares Outstanding 17001.80B
Market Cap 1972.72B
P/E Ratio 35.38
Div & Yield N.A. (N.A)

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.  

Jim Cramer: Picking Stocks? Better Listen to Your Kids

Jim Cramer: Picking Stocks? Better Listen to Your Kids

Just take the three most obvious letters in FAANG -- Facebook, Apple, and Netflix -- they were all ideas from my children.

TI, Logitech and TSMC's Reports Point to a Big Q4 for Consumer Hardware Spend

TI, Logitech and TSMC's Reports Point to a Big Q4 for Consumer Hardware Spend

Demand for PCs, tablets and gaming hardware all still look quite strong. And smartphone sales are gradually picking up.

Coming Soon: A New Technical Strategy for Nike

Coming Soon: A New Technical Strategy for Nike

The good news is that NKE has managed to trade still higher despite our concerns.

More on the Pivot From Growth to Value

My short book of individual names - away from the Indices - include Tesla , Zoom and Carvana .  Given the aforementioned pivot from growth to value that I am playing over the balance of 2020 - which could be exacerbated by the selling FAANG names in...

I Start the Day in Market Neutral

* After fine tuning and doing some trading (back and forth) on Monday, * I am emboldened to short strength over the near term * My targets are a package of high-beta stocks (Apple, Netflix, Facebook) and homebuilders In yesterday's, "Yell and Roar a...

Back To Market Neutral

* Just a little bit of fine tuning!   I decided to cover my short rentals in Netflix , Apple and Facebook -- put on Friday afternoon -- near and after the close of trading today. (They generally served my purpose.)   In addition, I took in a small a...

It Gets Tougher Now for Netflix

It Gets Tougher Now for Netflix

Here's my trade idea, but it's not for everyone.

Medium-Sized Shorts

On this morning's strength I have moved to medium-sized in the following shorts: Zoom , Carvana , Apple , Netflix , and Facebook .

My Short Book Grows Incrementally

* Apple, Facebook and Netflix are new short names  In case you missed it - I put on three new shorts on Friday afternoon.   Apple , Netflix and Facebook are the new names.  This makes six individual stock shorts -- , and are the others.

The Market's Week That Was, Upcoming Elections, the Economy, Stimulus

The Market's Week That Was, Upcoming Elections, the Economy, Stimulus

Portfolio managers are starting to see a very strong 2021 for markets and the economy regardless of electoral results.

Volatility: Friend or Foe?

Volatility: Friend or Foe?

Emotional reactions to volatility can destroy great trades but, if viewed with the right mindset, it can create tremendous opportunities.

Afternoon Moves

I made some moves this afternoon: * I added to my and shorts. * I initiated new shorts in Netflix , Facebook and Apple . (I want some short beta in my book.) Thanks for reading my Diary today. I hope it was value added. Enjoy the weekend. Be safe.

Avoid the 'Stock Trading Jones' (Part Deux)

* Are you spinning your wheels and trading too much? * Non-stop trading is a mug's game * So, don't catch the "Stock Trading Jones" * Stop dribbling and read and think more! With stock commission down to or close to zero I have noticed a lot more tr...

It Could Have Been Much Worse

It Could Have Been Much Worse

Technically the selling action has been contained, but there are some reasons to be careful.

Jim Cramer: This Is How Stocks Would Fare Under a President Biden

Jim Cramer: This Is How Stocks Would Fare Under a President Biden

I don't pick stocks on politics, but was shocked to see how a majority of our Action Alerts PLUS holdings would perform if Joe Biden wins the White House.

Covid Drug Candidates, Buy Eli Lilly? Large Cap Stocks, Tesla Debt Upgrade

Covid Drug Candidates, Buy Eli Lilly? Large Cap Stocks, Tesla Debt Upgrade

Covid itself, and therapeutics or vaccines associated with taking on the SARS-CoV-2 coronavirus, is under a public microscope.

5 Thoughts on Apple's iPhone 12 and HomePod Mini Event

5 Thoughts on Apple's iPhone 12 and HomePod Mini Event

While 5G took the spotlight, the iPhone 12 line's camera improvements might ultimately be a bigger draw for many consumers.

A Day of Rest - But Stocks Continue to Look Bullish

A Day of Rest - But Stocks Continue to Look Bullish

It is logical that stocks consolidate a little as we head into earnings season.

Jim Cramer: Let the Market's Patterns Guide You

Jim Cramer: Let the Market's Patterns Guide You

Some patterns reveal themselves easily, and you can spot them ahead of the computer programs. Here are examples of them, and how to act.

Facebook Is Due for Its Own Mega-Cap Pop

Facebook Is Due for Its Own Mega-Cap Pop

FB seems like it has plenty of upside and is going to make a killing.

Buy FAANG on the Dip? This Could Be Your Chance

Buy FAANG on the Dip? This Could Be Your Chance

There is an opportunity to buy some of these names at a discount to their highs, with Amazon presenting the best bet.

J&J's Pause, Nasdaq Thumbs Up, Amazon Prime Day, Apple Hi, Speed, Veeva Breakout

J&J's Pause, Nasdaq Thumbs Up, Amazon Prime Day, Apple Hi, Speed, Veeva Breakout

Now, that we have confirmation from the Nasdaq Composite, I think we can say equity markets are indeed back in what I would consider an uptrend.