|Day Low/High||203.70 / 205.88|
|52 Wk Low/High||142.00 / 233.47|
There is a lot of good and bad that I see in the wake of last night's report and call.
I published so many columns yesterday, a few people emailed me that they missed the Apple analysis. Here is a reposte of the column: May 01, 2019 ' 01:09 PM EDT DOUG KASS Today's Apple Share Price Rise Appears Overdone * I just added to my Apple sho...
Whether the bears can build on Wednesday's intraday reversal is open to question as they've done a lousy job of producing downside momentum since last December's skid.
Smartphone sales could remain pressured until 5G and foldable phones are ready to go mainstream. Investors in chip and component suppliers should take note.
RMPIA outperformed once gain during April.
The central bank provided no fresh catalyst for stocks Wednesday and Apple earnings were not sufficient leadership to take the broader market higher.
With 25 minutes of trading left in the day: * The markets moved back and forth from no change several times during the day. * At 3:35 pm closer to the lows, though. * Breadth negative - 1300 advancers, 1630 decliners. * Bonds were higher in the morn...
My pal Whitney Tilson compares Alphabet to Apple in his new entity, Empire Financial Daily: Last July, I published an article entitled Why I like Alphabet more than Apple - and Buffett doesn't. In it, I wrote: My money - unlike my investing hero, Wa...
There couldn't be two worst analogues to what we have going on this year than those two data points.
Though I currently only have a small dog in the Apple hunt, I will likely expand my small short in the stock on any further share price strength from here.
* I just added to my Apple short at $214 I disagree with the renewed bullish consensus (and the market's positive reaction) to Apple's quarterly sales and earnings performance - the later which was less bad than consensus expected. The quarter provi...
I will have more on Apple shortly: "Price changes sentiment." (h/t Divine @hmeisler) A month ago $GOOGL was seen as the best value in FANG. The praise was universal. Today, not a word of $GOOGL. The stock du jour is $AAPL and everyone loves it. Comi...
An owner of radio stations, a homebuilder and a wellness company still offer value even after the broader market's run to record highs.
I will very much approach the environment provided (China talks) from the view of the pragmatic. I will trade whatever is in front of me.
Wednesday's positive open on Apple's surprise earnings beat is complicated by the FOMC interest rate decision in the afternoon.
The latest earnings report bears that out. Own this company, don't trade it.
Apple has a huge stash of cash and it obviously is going to use it to help the stock.
* With 45 minutes left in the trading day, breadth is about evenly distributed (1,500 advancers, 1,400 decliners). * Stocks had their obligatory 20 handle (S&P) rally from the lows and are close to the days highs at 3:15 p.m. * A key feature was ano...
Though the Korean tech and electronics giant is facing its share of challenges, it did report seeing strong Galaxy S10 sales and forecast memory demand will improve in the coming months.
A breakout or breakdown could easily spur a move of $20 in either direction.
Apple's stock could still accelerate from its already elevated level, analysts advise.
Bears have had a few opportunities to gain some momentum, but the dip buyers refuse to relent.
Some of the wind is going out of the sales of Apple stock ahead of the tech giant's latest earnings report, due out after the market closes.
Overall, I don't like the action I'm seeing on my screens. I've been a heavy net seller as I cut positions that are showing some relative weakness.
Recent shorts such as T. Rowe Price , Franklin Resources , Micron Technology , Intel and Apple are beginning to pay off!
We also dissect the S&P 500's record run, check out China's latest economic data and take a skeptical glance at an idea floated by a couple Fed officials.