This week’s Apple trading strategies (5/13-5/17)

Last week was Apple’s worst so far this year, falling from 211.75 to 197.18.

With Chinese tariffs looming, any ideas about how to get set-up for this week?

To get the ball rolling, here’s Mad Money’s Jim Cramer last Friday anticipating the week ahead.

Cramer’s week ahead: The market can go higher with Uber’s IPO, tariffs behind us from CNBC.

Disclaimer: Since I’ve never owned or traded Apple, I have nothing to add. Don’t blame me if you drain your IRA doing something you read about here.

5 Comments

  1. Robert Paul Leitao said:

    Apple’s dividend pay date this quarter is Thursday, May 16th. The shares are currently trading under $200 and off over 15% from the all-time high of $233.47 set back in early October. Apple recently authorized an additional $75 billion for share repurchases under its massive capital return program.

    I don’t know how the shares will trade this week and I’m not particularly worried about it. All investments carry risks and in this market short-term swings in share prices carry significant risks for those who “trade” in the shares of Apple or “trade” the shares of any equity. I don’t “trade” in the shares of any equity.

    As Tim Cook says repeatedly, Apple is managed for the long-term. From my perspective, the question is: Are the shares attractively priced on a long-term basis? If one’s answer is yes, in my view reinvesting one’s dividends in Apple this week may be a good way to continue to invest in the long-term success of the company.

    2
    May 12, 2019

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