This week’s Apple trading strategies (12/23-12/27)

A place for Apple traders and investors to share their best ideas (Christmas vacation edition).

To get things rolling, here’s Gene Munster making the case that Apple, despite hitting new all-time highs, still has room to run in 2020:

Cue the video:

Having 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.

See also: Last week’s Apple trading strategies

5 Comments

  1. Gregg Thurman said:
    Not comfortable trading with a holiday stuck in the middle of the week. I may have completed all my trading for 2019.

    0
    December 22, 2019
  2. Paul Brindze said:
    Like Greg, I am concerned about trading with holiday mid-week. But, I really feel this, using Joseph’s analogy, a beachball pushes under water.

    I think we will participate in the traditional Santa Clause rally. Let’s see if late night trading tonight gives us a clue. I am hoping for another $5.00 for New Years.

    0
    December 22, 2019
    • Gregg Thurman said:
      A further $5 gain from Friday Close to JAN 3 will yield 100% ROI on at the money Call Spread. Tempting. But there are two mid-week holidays between now and then.

      0
      December 22, 2019
  3. Paul Brindze said:
    I may buy just a few. Jan 3 is my birthday. It would be a great birthday present. $5.00 is just a hope, but with the new Wedbush target price, maybe it will really happen.

    0
    December 22, 2019

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