This week’s Apple trading strategies (2/22-2/26)

A place for Apple traders and investors to share their best ideas — 2021 shareholders meeting edition.

To get things rolling, here’s Josh Brown on CNBC last week making the case that the latest Berkshire Hathaway’s 13f — which reported, among other things, the sale of 57 million shares of Apple in Q4 — is less worth paying attention to than ever before.

Below: Apple vs. the S&P 500 (normalized)…

apple trading strategies 2-22

Disclosure: Although I am now an Apple shareholder (see Why I bought a share of Apple, my first), I am in no position to give trading advice. Don’t blame me if you drain your retirement account doing something you read about here.

See also last week’s trading strategies.

4 Comments

  1. Walley Francis said:
    With all due respect, this means absolutely nothing to me. I have been invested in AAPL for over a quarter century. I am now going to sell and donate some AAPL shares for three reasons: 1. to pay down/off the mortgage on our 2nd home in Florida and 2.to pay for some of my retirement expenses. 3. Some is also going to be given to my church for a much needed building project where I am the treasurer. If you know ELP and their Pirates song. “It is just as I foretold”.

    1
    February 21, 2021
    • Bart Yee said:
      @Walley All good choices to use the AAPL proceeds. I would ask whether it’s a better use of your money to refinance (15yr fixed) while home loans are below 2.5% (they are below 2% here in Southern California, I note around Florida 2.41% and may be rising slowly), in essence literally free money. You would be doing exactly what Apple has done by borrowing at historic low rates while the money in AAPL would continue to grow at a higher rate, sometimes much higher. Depending on how many shares you have and your mortgage balance, AAPL dividends may even be paying off the payments (in part) without much effort.

      But if your loan balance is close to payoff, I understand the desire to just get rid of it, we paid off early 2019, very liberating. Good luck!

      0
      February 21, 2021
  2. Fred Stein said:
    Both PED’s chart annotated with red arrows and Josh’s comments convince me that AAPL is slightly over-sold. It will go back up.

    Re Berkshire, Gates Foundation, and others whales: Last quarter’s trades say nothing about the future.

    2
    February 21, 2021
  3. Apple shares are up 60% over the past year, a year that resembles Dante Alighieri’s Divine Comedy. The shares are now considered a safe haven by the largest institutional investors. Apple grows more antifragile each year under stellar management & very talented employees. Captain Cook remains an expert navigator, sailing swiftly around all those possible Risk Factors listed in its latest 10-K. Sharks remain in these treacherous investing waters so I’m staying onboard with my eyes on the horizon.

    5
    February 21, 2021

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