AAPL -3% On Way To New "Generational Low"?

Tyler Durden's picture

We warned last night of the spike in average trade size yesterday in AAPL's trading - just as we also saw on 9/21 - and the fading VWAP ramps; and today we see AAPL -3% (-6.7% from its highs on Monday) as volume picks up and the renaissance appears to be ending. WWJTD?

Short-term AAPL is down 3% today and -6.7% from Monday's highs - having


And broken back below its 250DMA on heavy volume ($556.60 seems a line in the sand for the close)


and we are testing a key VWAP level...

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slaughterer's picture

We are going to get a death cross on AAPL at $540 support.  Clever. 

mrktwtch2's picture

call tim cook..lol

slaughterer's picture

Pelosi will fix this once her husband notifies her what is happening with their personal wealth today. 

smlbizman's picture

apple 2013..redefining gravity....

Robot Traders Mom's picture

Apple redefining gravity was my first venture into writing...ZH rejected it, but I still put it up the other day...




reload's picture

Johny Bravo?....The Johny Bravo, from these parts a while ago?

EscapeKey's picture

I went to the Apple store in Regent St in London last week. There was a foul stench of smug in the air.

And I couldn't believe the amount of arabs and chinese teenagers literally buying 3 or 4 iphone's in one go. Oh yeah, I'll have a spare one, too.

Sudden Debt's picture


The Axe's picture

same kids lining up to BUY UGGS in July last year.....BOOM

earleflorida's picture

nokia = affordability

hustler etiquette's picture

Exceptional service and response time from the CEO down. Great culture of consumer care.

earleflorida's picture

iDCC = TD to the max which the fin's luv, never mind the Europeans having an open?secret affinity 4...

FLUSA.com's picture

Every time I tried to use logic to determine if I should buy an Apple product I determined I had better value options in Samsung/Toshiba/LG etc.... I don't need a fashion statement with my electronics...I just need to get shit done.

Sudden Debt's picture

If you want to get things done, DON'T BUY THOSE TIMECONSUMERS and JUST DO IT!!


Super Broccoli's picture

No Igadget for christmas ?

reload's picture

Nope: All the teenagers I know seem to be `over` Apple. In fact a lot of them seem to be bored with comms gadgetry and facebook - at last. my eldest recently found a long abandoned Nokia and said `this is kool - it just does phone calls and texts? perfect`. perhaps less is more afterall !

Downtoolong's picture

10,000 Muppets screamed in the dark, It's CRAAPL Again!

edifice's picture

Looks like the worm ate its way through the AAPL, to the other side.

Dr. Engali's picture

They're going to need a bigger phone and a smaller iPad to pull them out of ths tailspin.....oh wait.

mkhs's picture

The other night, the wife sent me out to buy maxipads.  I  stopped by the local apple store, and, to make a long story short,...

Sokhmate's picture

i anticipate the iPad Maxi - with wings, in 2013.

Shizzmoney's picture

I hope AAPL investors lose every single fucking penny.

Inthemix96's picture

"For every action, there is an equal and opposite re-action."......


lenovot60's picture

According to Forbes article, AAPL will rally to $800 


Must be a generation buy then /sarc

Mr_Wonderful's picture

Way, way overpriced stuff. Only to be bought second-hand.

The Final Countdown's picture

It's only overpriced if everybody stops buying, that's how capitalism works.

AndrewJackson's picture

I hate this stock. My dad is a muppet and got convinced by some hot shot fancy broker go all in with huge leverage at 680 (more to pay commissions on). He got stopped out and ended up losing over 130K. I warned him from the very beginning, but he didn't listen to me (despite my experience in the industry). Sad thing, is there are tons of people out there just like my dad, getting rolled by this stupid casino.

in-Credible Banker's picture

I bought at 85 and sold at 350.  WINNER!

earleflorida's picture

on the flip?side, you lost 100% of top-line profit...

Ps. just wait til the iRS gets its grimey hands on iAAPl's 2013 dividends

monopoly's picture

Down 4% on no news. Strange.

Glass Seagull's picture

No.  Up 7% on new news is strange.  Down 4% after a dead cat bounce is about right.


Gordon Freeman's picture

"Generational low"! More TD hyperventilation.  I guess a generation is now a few months long...

STFU about AAPL, already

AndrewJackson's picture

put your sarcasm hat on and it will make more sense

booboo's picture

Someone pissed in the fellows Apple Jacks.

virgilcaine's picture

Hedge fund  roach motel..rush for the exit..

Bam_Man's picture

Keep in mind that AAPL is still up more than 40% YTD. There is a lot of tax-related selling going on here to take advantage of the 15% capital gains rate while it is still in effect.

mdtrader's picture

Oh and ZH missed the move up from $85 to $550 in the last couple of years, but hey let's not mention that lol.

PhoThus's picture

When will AAPL pull their head out and make a phone with a nice big screen like Samsung. They're idiots for not having done so already. What are they possibly thinking

DavidC's picture

I don't own any Apple and have no intention of owning any, but a friend of mine (yes, he's into Apple) said the reason they haven't done so is so that one hand can be used to hold it and manipulate it. And, I have to say, that does make sense.


Common_Cents22's picture

My new samsung galaxy note2 is huge and i love it.  It has pen stylus that writes as naturally as real pen.

As far as one handed operation, I can do fine.  But they do have a one handed setting that shrinks the keyboard/phone pad etc...a bit and moves it to left or right side of screen whichever you prefer.

The voice input is super slick and accurate.  Press one button and dicate documents, emails, texts etc...

battery life? up to 2 days.    thin and light phone.  still fits in pocket.

The thing is slick.    I'd never consider an iphone until they match the galaxy note2 in screen size, voice input, stylus input etc...   

PhoThus's picture

I think the point is AAPL needs more variation on the iPhone screen size. They've done it with the iPad. What's the hold-up on the iPhone?? Makes no sense, really it doesn't. I don't care if you have large hands or tiny hands, give the buyer a choice.

Common_Cents22's picture

Because Steve jobs said so and nobody will cross him postumously.   He was maniacal that the device had to be easily operated one handed.   Who says two handed isn't better ? heheh.

He has already been proven wrong.  The hubris of apple is catching up to them.

Samsung has a setting where you can move the keyboard to the left or right side of screen for easier one hand operation.  

Plus, the voice input is so damn accurate you don't even need to type hardly anything anymore.

tawse57's picture

I suspect this will be coming next year - Apple version of the Galaxy Note.

In the past year I have seen numerous female friends move from the iphone to the note - girlies can keep them in their hand-bags.

Huge untapped igirlie market.

Aegelis's picture

"I know this sounds crazy, but ever since yesterday on the road, I've been seeing this shape. Shaving cream, pillows... I know this. I know what this is! This means something. This is important."  - Close Encounters of the Third Kind / Short-Term Stock Speculators

Floodmaster's picture

Apple :: ARM and other cheap electronic components at a premium price. The best phone is now the nokia lumia 920, the best stock to own right now is NOK. Apple is obsolete.

BurningFuld's picture

The horror!!!  -4.3%  Ouch!