This week’s Apple trading strategies (9/17-9/21)

A place for Apple 3.0 subscribers to share their ideas.

To get things rolling, here’s Mad Money’s Jim Cramer on why the stock went down after last week’s launch event:

Cramer praises Apple’s new iPhones as a ‘breakthrough’ from CNBC.

Disclaimer: Since I’ve never owned or traded Apple and gave up trying to beat the market in anything many years ago, I have nothing to add. Don’t blame me if you drain your IRA doing something you read about here.


  1. Gregg Thurman said:

    ’What am I going to do with this thing (looking at wrist watch), in June I just bought it”

    Was it Swiss, or an Apple Watch Series 3? Either way Cramer is implying he wants to buy the Series 4. It’s that or he is parodying the consumer who is faced with the same question.

    September 16, 2018
  2. Gregg Thurman said:

    ”Apple has created a LIVING production line, capable of incredible flexibility.”

    An insight I didn’t see when composing my post. Excellent.

    It’s also an insight WS doesn’t, but should, see. Let the negative rumors begin, we’re ready (emotionally) for them.

    September 16, 2018
  3. Gregg Thurman said:

    EUREKA !!

    My Historic Trend Chart has not broken after all.

    Friday I discovered that the Trend is 3 days out of phase with AAPL’s actual prints. By shifting the Historic Trend forward 3 days it clearly reflects the ups and downs of AAPL’s trading since August 20 (thirteen days after July’s exceptional Earnings Report and Guidance).

    This happened once before in the December quarter of 2016. I had forgotten about that shift until I noticed AAPL seemed to be trailing the Trend’s up and down pattern.

    Further AAPL is trading in the space between the Trend and one Standard Deviation above the Trend. If AAPL continues in this manner through October Earnings its intraday low on earnings day will be ~$229. So far this period the average delta between AAPL’s intraday high and intraday low is $3.60, so the potential high on earnings day could be as much as $232.xx.

    This isn’t good news for my OCT $230/$235 Call Spreads so I will be looking to modify my position to account for the lower target.

    BTW, the Trend reflects that AAPL will decline for about 6 more trading days to ~$219.xx before rebounding.

    September 16, 2018
    • Gregg Thurman said:

      “By shifting the Historic Trend forward 3 days”

      Should have read back.

      September 16, 2018

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