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AAPL Tail Leading S&P 500 Dog Lower
AAPL is down well over 2% from its $600bn market cap peak this morning and breaking closing VWAPs one-by-one as it drops. Rumors of liquidations across funds in US and Europe will mean margin calls force funds to sell the one performing asset that is the functional equivalent of Gold in 2011: Apple.
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iF'cked
My car has a shrinkwrapped sign: "I Buy Cash"
AAPL is the finger in the Dyke - it goes, everything goes
The Q is over. Let her rip.
What does Janet Napolitano have toi do with this?
u guys aint seen nothing yet
this can drop to low 500s and still be in an uptrend
ibagholders
You can say that again
u guys aint seen nothing yet
this can drop to low 500s and still be in an uptrend
ibagholders
Nothing goes straight up and stays up.
Is Bernake aware of this?
Apple - the fall of man.
AAPL - the fall of mankind.
Fan the fire faster...
The constant downward slope after many months of ramping reminds me of the hours before the flash crash...
Averaged RSI in the gutter.
No volume except the handful of active stocks over 3 years
Damn near vertical climb to recoup 15 years of gains in under 2 1/2 years.
The incessiant cheerleading from those "in charge".
They tried and failed playing the debt shuffling game, like anyone else. However I'm going to go with a couple of the posting pundits yesterday. The powers that be will print because they are out of options, even their lies are hollow without the cash to back it up.
Imagine if they had a good idea. Wouldn't cost them a thing. because they had a bad idea world debt is now at 190 trillion of known debts...not including the unfunded liabilities.
It'll be an interesting summer to say the least.
Sell AAPL save it for Facebook
And some ZNGA
Why bother with either. Spend the money on a little fast car while there is gas to do so.
BTF....nevermind, sell everything.
IT COMES
$600 Billion gadget company...yeah that makes sense
yeah, computers, phones, music, nobody uses that shit
It's worth more than the entire automotive industry and agricultural industry combined.
For what? So a rice picker can make a big call while listening to Jay Z and dream of possibly affording an iPad someday.
Apple has the cash to buy GM and Ford. They could cut a check and own them today.
They would have to sell alot of their stock to make that happen and dilute their share value.
Besides if you've made money. Shut up. Sell. Walk away. Rinse and repeat. Otherwise this conversation is up there with talking to born again christains. Not particularily interested in what you are selling friend but it's not for me because I've seen this dog and pony show before.
Especially with that company.
no they wouldn't, they have the cash, this is what I am talking about, another person on this board without a clue, you don't know how to evaluate a company, they have over $100B in cash
Then they should buy them.
Or why can't they buy them is the question you should be asking. If it's such a well run company, why isn't it buying auto makers and agriculture businesses?
Answer that.
btw nobody cares about aapl except the 5% of Apple users out there...would be the fifth time in the companies history that the Apple user gets the shit end of the stick in terms of support and product diversification. Last couple of times though Steve Jobs was around to fix Apple after the circus was finished wrecking his company.
This time he's dead and the same playbook of brand destruction is in full effect, it's even complete with some of the alma matter of Nortel/Blackberry "helping add value". Sorry to piss you off, but magic 8ball Algo platform says down. When the Algo says down, it means down.
Too much Apple haters here. People that use it know why it's high value.
Apples are great. Had a nice pie this weekend.
It's a fucking gadget.
Here's how I determine value and I'm pretty sure you are in the same boat. To give value it must be common to everybody that value is provided.
Apple produces high end gadgets for a highly funded group of individuals with credit cards, I have yet to hear of suburbanites buying one cash. Every person I've talked to with one, bought a lappy for 1400 on a credit card. Which makes it really a $2000 lappy.
I don't see the value in that setup. Walmart sells the disposable laptops for under $200. Bigger screen, more memory, fast processor, bigger hard drive. And they are built to do two things. Run windows 7 and OSX. You can buy MacOS X from the apple store for 14.95 and install it on the Hackintosh (if you are looking for the google search term).
Even then I still dont' see the value. however the Apple user and I would agree on something that has value elsewhere other than gadgets. Like socks. Both of us have a needs and understand the value of socks. For another example of diseperate values can be found here www.lemonparty.org.
There the Apple users discuss at great lengths on how to improve their usage of their tool.
iBubbleicious.
Looks like they ran out of greater fools.
Notice the low volumn on the DOW for the last several weeks. The movement won't mean much until there is an increase in volumn ... just algos duking it out.
AAPL coming back and it's not even 1:30 ET. PPT early today.
Why is Warren Buffet on every site promoting his """10 stocks set to crush the market in 2012"
What does he mean by crush....casue the market is getting crushed?
Too many passengers on the port side of the boat...
ZH calls bottom for AAPL again, great trading strategy to buy on release of article on immient collapse. Sell when articles become bullish.
Apple up 22% from ZH "iDisappoint" article, you were junked because you were right and the truth hurts
Here I'll make a call on aapl.
It'll float down to 550 over the next two weeks.
Stay for a week in ranged trading <-- central banks intervene here
If they don't intervene:
Drop to 280 for a day the algos kick in and bring it to proper valuation of around 87 dollars.
Then the lawyers come out of nowhere and sue the company to around 3.87, like the last four times in it's history.
If they do intervene:
Rise to 780 per share, no dividend offered for another ten years.
8 dollars per gallon in the US, 9.76 for Diesel. Market crashes anyways because no one can afford to drive anywhere unless using a moped.
Apple simply cannot, has not, will not stand on it's own without the central banks using it as a market anchor. In engineering it's called a single point of failure.
However don't worry about it, I'm sure the simple fact of your awesome trade position will save you and your wallet. After all what could go wrong?
BTW RSI flipped on AAPL again and it's about to go free falling.
Here I'll even drop some milestones for you.
Probability - Intermediate trend bearish, Unsustainable uptrend, may turn sideways.
Probability - Overbought, odds favor short trades.
Probability - Strong Up trend (1 month), may start to turn sideways.
Confirmation - Extreme 3 day accumulation, but when the stock is overbought this is considered bearish.
Confirmation - Extreme bearish 1 day moneyflow
Confirmation - at resistance
Typical: 9.5% (60.41 pts) stock price move occurs 25% of the time.
Extreme: 12.4% (78.53 pts) stock price move occurs 5% of the time.
Bull
Target 1: 682
Target 2: 664
Bear
Target 1: 570
Target 2: 551
MA50 - 546
MA200 - 428
Volume: 12% of normal averaged over entire lifespan of the company.
Now fuck off and do your due diligence properly instead of chanting
you are a technical chartist dipshit that hasn't a clue about fundamentals
You are trading against algo's, that's all they trade with. They could give a flying fuck about how awesome you think the position is.
They trade on data. Ignore it and suffer the same mistake as all baby traders. I'm going to guess you've got stock on margin because you would be extra clever. Enjoy your empty wallet and margin call chump. I bet that you don't even have a stop loss in place to save your ass.
btw RSI shit the bed again on aapl.
It'll be nice watching this float down to where my Algo tells me where it's going. you can rent a trade platform monthly now, I suggest if you want to play this game you get one. If you wish to ignore the warning and opportunity, that is your choice. You are holding a stock out of belief. I buy and sell because I like making money and not losing it.
I am neither bull or bear on aapl, it is a stock I have held once and made great money on. But it's a tool like anything else to buy low and sell high.
Well instead of insulting people, why dont you enlighten us mere mortals on its "fundamentals" genius?
ouch...I wouldn't even rate you as a troll-in-training...very weak.
No, a bottom would be after a long decline. This is a minor stop on the express train to nirvana which always derails... eventually.
"great trading strategy to buy on release of article on immient collapse"
Prove it.
They will try.
I think someone is planning on being greedy right up until the last moment when, due to their superior trading skills of course, they will sell at exactly the right moment and get out at the top.
People read into whatever they can find as an anchor when they are panicing.
Baby boy retail traders are no exception. Dumb shits open an eTrade account with a couple of bucks and suddenly they are Gordon Gecko. To bad I'm not trading any of this to make sure the trend of 9 traders paying me to be right stays in effect.
You kow what the shitty thing is? They'll end up with lockjaw and completely fail to understand that they should be pounding on the sell button. They are also too stupid to put in a stop loss to act as a safety net while they aren't looking.
I hope none of their purchases are in margin.
I wish I could give you a +1000 because you are taking these kids to school all up and down this comment section.
BUt, but...Last night Cramer went on and on about how wonderful AAPL was. This morning was the time to apply Cramer Contrarian Theory. It usually works.
iLuvin' it, ha ha ha ha
laughing at all the iTards out there
Apple to announce new product, the iSore, market ramps in 3,2,1...
Obermeyer Asset Management now appears to have been very observant.
AAPL is falling back to Earth.
This should be another Newtonian moment in history, but the muppets will soon be buying back in despite the fact that the I-Pad battery is running out of capability (overheating) and the new product/feature devlopment channel may be out of doable innovations.
Its coming down IPOP no way can it float outa this stuff. Europes coming down 2% day USA following suit. It starts here. drumm roll bernanke two weeks max
AAPL shall not have a red close...EVER!
It is a matter of "national security".
What goes UP!
Must come Down!!
Gravity is a BITCH!!!
iRickRolled
K-Mart Blue Light Special...1-day only shorting sale! Guaranteed to last only until QE3 is announced and/or the PPT steps in...hurry while it lasts.
Didn't Goldman put out a muppet client note last week saying to go 100% long equities?
fuck goldman.
Apple Puff Pastry turning into Apple Cobbler.
AAPL dollars into gold/silver
Is that it? AAPL money into gold? What an erection and AAPl isstill above $600
Stock picking is tough without an index.
Had AAPL owners followed the NASDAQ or SP500, they could have seen that a top may have been in place last week - it's all about probabilities.
http://bullandbearmash.com/index/nasdaq/daily/
http://bullandbearmash.com/index/nasdaq/hourly/
iLiquidate
Reggie told us AAPL has crashed to $632 per share what a genius that man is...oh wait I forgot he started bashing at $275 per share..
Reggie makes good calls and his work is good.
He unfortunately is also human and falls into the Computer religion trap. He was preaching Blackberry because that's the tool he personally likes. It's no different for Apple faggots or the Droid Annoyers. Same rules apply.
I don't see people fighting over the brand of toliet paper they use.
But I can count dumbasses arguing over a gadget.
Believe me on this. You'll miss toliet paper a lot sooner than a tablet when one or the other is unavailable.
cool, my weekly aapl put tripled
iFound iWeakness..
iMgoing to the iStore to confirm.
iWill update soon.
Noooooo! Not Apple! Jobs is risen!!!
AAPL!
http://www.google.com/imgres?imgurl=http://www.themostawesomepageintheun...
Amusing how APPL bashing has become the latest religion on here because the great leader TD said so. Everyone's conveniently forgotten about BAC (a real life bank!) or got bored of GRPN.
If the majority have picked a top for the tenth time and have got it right this time is irrelevant. What's relevant is that you're chanting the same 'i'Terms and phrases and have become 'sheeple' in a sub group... you've closed your mind to objectivity and rationalism... in other words you've been had. Most of you sound the same and speak the same newspeak. Can you not notice your own conformity.
To be fair, it's human nature for most people anyway.
Oh yeah...
... bitchez!
Try blocking anything incoming on your iDevice.
I thought I heard APPL was at 634 this morning. I don't know how someone could still be hanging on to it at that price.