50-Day Moving-Average SNAAPL

Tyler Durden's picture


AAPL is down 1.5% and once again testing its 50DMA. Now trading the range of Tuesday's closing ramp-fest and below its closing VWAP... BTFD?


The red-line is the day's VWAP. The colored horizontal lines correspond to recent closing VWAPs. The lower pane is volume.


Interestingly we haven't seen a 50DMA retest so quickly after a previous test in around 18 months. Volume is also well above average run-rate for this time of day.


As a reminder of your patriotic duty...

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Fri, 10/05/2012 - 12:08 | 2859938 slaughterer
slaughterer's picture

Seeing volume now.  But I think I will pass on a BTFD for now.  Maybe wait until 3:00 pm  ;-)

Fri, 10/05/2012 - 12:32 | 2860016 tocointhephrase
tocointhephrase's picture




Fri, 10/05/2012 - 12:34 | 2860024 vast-dom
vast-dom's picture

OT:Tohoku Earthquake May Be Manmade 


A friend from Japan sent me this today in reply to Fukushima radiation article:


Fri, 10/05/2012 - 13:54 | 2860308 MillionDollarBogus_
MillionDollarBogus_'s picture

I'll buy if Reggie M. buys............

Is this a pump & dump scheme...???


Fri, 10/05/2012 - 12:42 | 2860051 Oh regional Indian
Oh regional Indian's picture

My sister gave a Crapple somethign or the other 2 years ago. I powered it on twice.

Collecting dust since.

Vile products. Pathetic engineering. Core faulty design. POS.


Fri, 10/05/2012 - 13:08 | 2860120 Skateboarder
Skateboarder's picture

Have you taken it for a smug check yet?

Fri, 10/05/2012 - 13:34 | 2860230 Oh regional Indian
Oh regional Indian's picture

Hah! Nice. 


Fri, 10/05/2012 - 12:07 | 2859940 realtick
realtick's picture

Can you reformat the AAPL chart to look like this:


so we can read it?

Fri, 10/05/2012 - 12:08 | 2859943 malikai
malikai's picture

Apples contain the highest amount of pesticide in all fruits.

Just sayin..

Fri, 10/05/2012 - 12:33 | 2860019 Renewable Life
Renewable Life's picture

Apple talk....... Yawnnnnnnnn

But on another more interesting note, did anyone watch the post debate citizen groups that fox and CNN did???

I laughed so hard I almost pissed myself, because in both groups there where 4-5 people who where fucking obese, like 150+ overweight, and al be damned if those bitchez weren't the loudest big mouths about how we needed more "personal responsibility" in our lives and "fiscal discipline" and they loved Mitty's message!!!!! The fucking visual of it was just startling and so America these days, and some other dumbfuck said he loved Mitty for talking about getting big government out of our lives, because he's pissed off that Obama has already started cutting things in Medicare that he was promised would always be there!!!!!!!

Thank god I was drunk already from having drank everytime either one of them said the word "taxes"!!!!!

Fri, 10/05/2012 - 12:42 | 2860052 malikai
malikai's picture

Heh. I didn't play the game because I need my liver sometimes.

I agree with those people. We need more personal responsibility. Let's start with Romney and his involvement with the Death Squads. Then we can work on Ryan and his involvement with the NDAA, Patriot Act, Medicare Part D, and others..

Finally, let's finish the day working on the American people and our wilful continuance of a corrupt and unjust social and economic system.

Fri, 10/05/2012 - 12:07 | 2859944 Meesohaawnee
Meesohaawnee's picture

crapple is only needed for bad days in the broad index(see wed) when the shermans start closing in they bring out the 88s to counter.

Fri, 10/05/2012 - 12:08 | 2859946 Cognitive Dissonance
Cognitive Dissonance's picture

APPL is trading heavy. Look out below.

Fri, 10/05/2012 - 12:34 | 2860028 kaiserhoff
kaiserhoff's picture

Say it aint' so, Joe.  Without apple we'll be left with Priceline, Prepaid legal, and Chipotle-farts...

OMFG it only gets worse from there.

Fri, 10/05/2012 - 13:37 | 2860242 MiltonFriedmans...
MiltonFriedmansNightmare's picture

Naw, we've stil got LULU.

Fri, 10/05/2012 - 12:08 | 2859947 Itch
Itch's picture

BFA (Buy fuck all).

Fri, 10/05/2012 - 12:11 | 2859958 slaughterer
slaughterer's picture

Anybody got $612,000,000,000 laying around?

Fri, 10/05/2012 - 12:26 | 2859969 Cognitive Dissonance
Cognitive Dissonance's picture

Hold please.


Yup, all set. Where do you want it wired?

Fri, 10/05/2012 - 12:36 | 2860033 kaiserhoff
kaiserhoff's picture

uh, Tylers, I think we found Ben's Mole.

Fri, 10/05/2012 - 12:10 | 2859951 dariomilano
dariomilano's picture

how much down the 50DMA is the dip?

Fri, 10/05/2012 - 12:11 | 2859961 slaughterer
slaughterer's picture

50DMA was 656.50

Fri, 10/05/2012 - 12:34 | 2860022 spastic_colon
spastic_colon's picture

love how she spells out "hmmmm" priceless

Fri, 10/05/2012 - 12:11 | 2859960 Dr. Engali
Dr. Engali's picture

Breakdown bitchez!

Fri, 10/05/2012 - 12:14 | 2859971 slaughterer
slaughterer's picture

Simultaneous with this excitement in AAPL, looks like silver futures are about to plunge.  

Fri, 10/05/2012 - 12:16 | 2859973 Panafrican Funk...
Panafrican Funktron Robot's picture

The odd one out in the MSFT/AAPL/GOOG three headed monster is GOOG.  GOOG is about 33% overvalued right now.

Fri, 10/05/2012 - 12:44 | 2860056 alien-IQ
alien-IQ's picture

yeah but that's just a premium attached for providing the NSA/CIA/FBI/DHS with unfettered access to the private information of all Google users.

so you see...cooperating with an oppressive totalitarian police state mentality is indeed profitable...and probably has some wonderful "undisclosed" tax advantages.

Fri, 10/05/2012 - 12:15 | 2859974 dracos_ghost
dracos_ghost's picture

OK, everyone chant... 666  ...    666    ...   666.


Fri, 10/05/2012 - 13:43 | 2860256 MiltonFriedmans...
MiltonFriedmansNightmare's picture

Does anyone honestly believe the plunge protection team would allow AAPL to break it's 50d MA?

C'mon now.....

Fri, 10/05/2012 - 12:18 | 2859981 ebworthen
ebworthen's picture

Anyone see the three AAPL devotees on CNBC this morning who buy Apple, all Apple, all the time?  Religious zealots by any other name.  Reminded me of Jim Jones or Sun Myung-Moon followers.

"Apple is going to $900" said one, "Apple is going over $1,000" said the co-founder of the group.

Bulletin:  One year ago today Steve Jobs passed away.

Fri, 10/05/2012 - 13:17 | 2860169 css1971
css1971's picture

Religious/bubble hysteria.

It's quite a phenomena. There's obviously a bubble you point out it's a bubble and everyone caught up in it denies vehemently that it's a bubble, instead claiming the bubble will expand, consuming the whole of humanity before passing on to godhood.



Fri, 10/05/2012 - 12:25 | 2859985 kaa1016
kaa1016's picture

With iPhone 5 estimates being guided lower, an iPad mini that will canibalize the iPad, and underperforming hedge funds that own this stock and are up a massive amount year to date lightening up, this stock will test it's 100 DMA next week, ~620. Buy a 620/630 put spread on the weeklies. If I'm right, 10x upside. I believe this stock will breach its 200 DMA before year end. I'm not an AAPL bear, I'm just a trader who's number 1 winner this year has been trading AAPL (GLD #2) on the long side. I've been trading the short side since the Friday before the iPhone 5 launch.

Fri, 10/05/2012 - 12:20 | 2859986 Meesohaawnee
Meesohaawnee's picture

DTO bitchez!

Fri, 10/05/2012 - 12:23 | 2859993 youngman
youngman's picture

And Samsung is having a good year...hmmmmm...lots of Galaaxy IIIs sold.....I think the world loves Samsung more....and will begin to hate American Apples...

Fri, 10/05/2012 - 12:27 | 2860004 slaughterer
slaughterer's picture

Where is Potter?  AAPL is sending an SOS to NYFED.  

Fri, 10/05/2012 - 12:30 | 2860008 alien-IQ
alien-IQ's picture

I smell a Reggie Middleton chest thumping peacock strutting diatribe being scribed at this very moment.

Oh how I look forward to his dazzling display of humility.

Fri, 10/05/2012 - 12:33 | 2860025 Obadiah
Obadiah's picture

alien I got a good charge from that comment hehe

Fri, 10/05/2012 - 12:31 | 2860018 calgal
Fri, 10/05/2012 - 12:33 | 2860021 slaughterer
slaughterer's picture

Just noticed that ugly H&S on the 6-week.   No technical trader in their right mind would buy the dip today.  

Fri, 10/05/2012 - 12:40 | 2860046 Meesohaawnee
Meesohaawnee's picture

problem is slaughter.. your making the assumption there are traders out there. Nice insight. thanks since im not a ta person

Fri, 10/05/2012 - 15:21 | 2860686 All Rise
All Rise's picture

No idea why people have a problem with Apple, it makes loads of money and isn't on a silly tech PE ratio. 

Fri, 10/05/2012 - 19:40 | 2861554 ToNYC
ToNYC's picture

A one one-trick fashion pony in a technological rodeo leaves too many trails unridden.

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