Apple Inc. (AAPL)

106.84
NASDAQ
Prev Close 110.34
Day Low/High 106.09 / 110.88
52 Wk Low/High 53.15 / 137.98
Exchange NASDAQ
Shares Outstanding 17337.34B
Market Cap 1913.00B
P/E Ratio 33.44
Div & Yield N.A. (N.A)

I Plan To Re-Short Apple and Tesla on the Next Rally

While I covered my Apple and Tesla shorts at attractive prices on Friday (see Comments Section on that day) I plan to re short both names on the next market rally. Here is my Apple short thesis. Here is my Tesla short thesis.

Options Trading Is Behind This Tech Rise, and Now It Is Faltering

Options Trading Is Behind This Tech Rise, and Now It Is Faltering

The August upward momentum is fizzling out, and here is why.

Is It the Beginning of the End of the Virtuous Market Cycle?

* A river is generally easier to channel than to stop. * But these are not typical investment times. * Given the unusual nature, artificial/distorted conditions (fiscal and monetary policy) and outside influences -- SoftBank (I am short), David Port...

Whale Watching, Winning Streak Ends, Nagging Questions: Market Recon

Whale Watching, Winning Streak Ends, Nagging Questions: Market Recon

Plus, an early look at third-quarter earnings expectations and an admonition to heed the words of Arthur Cashin.

Japan's Softbank Maverick Makes Billions as 'Nasdaq Whale'

Japan's Softbank Maverick Makes Billions as 'Nasdaq Whale'

Masayoshi Son, the man behind the Softbank Group, has orchestrated a trading strategy that has helped push call-option trading on U.S. tech companies to US$335 billion per day.

A Late Summer Washout

A Late Summer Washout

The correction's selling pressure was intense enough to cause a washout and produce a snapback rally.

Here's What I Like Into Next Week

Here's What I Like Into Next Week

The tanking of the Nasdaq 100 seems to have scared people.

Let's Unlock a Tesla Play

Let's Unlock a Tesla Play

Whether or not TSLA is the key to this market, I see a tug-of-war in the company's shares that can be used to your advantage with this technique.

What Just Happened in the Market? Let Me Explain

What Just Happened in the Market? Let Me Explain

As the startling slide on Nasdaq continues -- despite better-than-expected jobs numbers -- let's look at what's really going on and how to position yourself.

Matching Downside Protection With Upside Potential in Akebia Therapeutics

Matching Downside Protection With Upside Potential in Akebia Therapeutics

This covered call strategy is an effective way to navigate an overbought market.

Frothy Momentum Ends Abruptly but Technical Conditions Remain Positive

Frothy Momentum Ends Abruptly but Technical Conditions Remain Positive

The correction on Thursday was overdue; the issue now is whether rotational action into some new leadership will develop.

Run, Forrest, Run, Rotation Notations, Overreacting to Fauci: Market Recon

Run, Forrest, Run, Rotation Notations, Overreacting to Fauci: Market Recon

Plus, picking up dinged shares among Thursday's wreckage in the tech sector.

Correcting the Excesses

Correcting the Excesses

What happened Thursday was that the extremely overbought big-cap technology stocks finally shed a bit.

Jim Cramer: There's No Bottom Yet

Jim Cramer: There's No Bottom Yet

Let's wait and watch what the newbies do, but for now all the price tags had been raised so much that this action hasn't made a difference.

You Still Can't Hold a Candle to Buffett

You Still Can't Hold a Candle to Buffett

But despite my great respect for the Oracle and BRK's strong chance of a come back from 2020's setbacks, I never owned Berkshire stock. Here's why.

Daily Affirmations With Dougie Kass: On Risk Happens Fast

"I am going to write a good Diary on Real Money Pro today... and I am going to help people. Because I am good enough, I am smart enough and doggone it, people like me." -- Daily Affirmations with Dougie Kass Today's Affirmations is about risk happen...

Adding to Net Short Exposure

I have moved back up from medium sized to large sized in my and shorts (that was quick!).   As mentioned earlier, I added to my Apple   and Tesla shorts this morning (I previously added to Tesla in the last two days).  Flexibility, thank you Stan Dr...

Did I Have My Stan Druckenmiller Moment Wednesday?

* Self-effacing, charitable, direct, competitive, smart and honest -- I admire Druck more than almost any investment manager I have met over my four decades of investing. * Was the covering of a portion of my index shorts Wednesday my "Druckenmiller...

Waves of Buying, Above-Average Indices, Vaccine Mania: Market Recon

Waves of Buying, Above-Average Indices, Vaccine Mania: Market Recon

Plus, reading tea leaves in the recent action in Apple and Salesforce.com.

Market Hiccup Shows Challenges Facing Traders, Investors

Market Hiccup Shows Challenges Facing Traders, Investors

This can't go on forever, but failing to take advantage of the current action would be a mistake.

Why Investing in Tesla Is a Bit Like Texas Hold 'Em Poker

Why Investing in Tesla Is a Bit Like Texas Hold 'Em Poker

I'm essentially out of anything meaningful here. I'm not equipped for the players at the table now.

The Price Action Refuses to Relent

The Price Action Refuses to Relent

There still are no major warning signs that a turn is about to occur.

Coffee Talk

Questions to discuss in the Comments Section: Apple (short) was my Trade of the Week.  Berkshire Hathaway is sitting on a more than a $70 billion unrealized gain in Apple. While Warren hates to pay taxes, suppose Berkshire announces that it is parin...

Nvidia's Advance Continues, Here's How to Trade the Stock

Nvidia's Advance Continues, Here's How to Trade the Stock

The response to GeForce has been overwhelmingly positive.

Sold Short More Apple

Sold short some more Apple on the +$4 gap in premarket trading.

The Race to Keep Pace With a Runaway Market

The Race to Keep Pace With a Runaway Market

Stay focused on your individual stocks and manage them closely.

Market Momentum Moves Ahead

Market Momentum Moves Ahead

Apple paves the way as pessimists were expecting a reversal that isn't happening.

Vertical AAPL

Speaking of parabolic, Apple joins the Nasdaq in an almost vertical move: I have added to my Apple short at $134.10 this afternoon.

The Rubber Band Is Beginning to Break: Here's the Trade

The Rubber Band Is Beginning to Break: Here's the Trade

We are within days of QQQ taking a dive.

The Weak Breadth Has Been Quite Misleading

The Weak Breadth Has Been Quite Misleading

What's most interesting about this market is how market players continue to hunt for entries despite all the warnings and negativity.