Apple at $145.64: Third record high of July

apple third record julySet to open Wednesday morning with its fourth.

The chart below ranks the top thirty all-time high AAPL closing prices. Dates in green indicate closing price was an all-time high at that time. Thanks to AAPLInvestors‘ Terry Gregory, keeper of the stats.

apple third record july

My take: $150, here we come.

10 Comments

  1. Romeo A Esparrago Jr said:
    A Cheech & Chong image would’ve been funny.
    Let’s get that AAPL share price high, folks!

    2
    July 14, 2021
    • David Emery said:
      I don’t understand the image PED selected with respect to this story.

      0
      July 14, 2021
      • Mordechai Beizer said:
        Agreed. That’s the iconic Black power protest image from the 1968 Olympics. Hardly seems relevant to Apple reaching new highs.

        0
        July 14, 2021
        • Robert Stack said:
          Re the pic PED selected: Maybe (probably?) I’m a bit naive, but I saw the pic as simply 3 really cute, smiling, happy kids reflecting their happiness at being AAPL shareholders… 🙂

          1
          July 14, 2021
          • David Emery said:
            PED CHANGED THE IMAGE. Ignore my comment and Mordecai’s comment… 🙂

            0
            July 14, 2021
  2. Jerry Doyle said:
    Initially, it was Apple 3.0 followers who knew Apple was firing on all cylinders. Eventually, many market analysts caught notice. Then WS & the media woke, no longer able to ignore the obvious & they, too, recognized Apple positioned solidly to continue its peerless performance. Apple will grind its way to $150 by 07/27 at which time some profit taking will unload. Afterwards, we will start our ascent to $175 by EoY. There will be some solid & robust quarters to come as Apple clearly is in full strive, legs extended with a pipeline of new & innovative products still to come. We will see a $200 stock price by the Q2, 2022 earnings call. 🙂

    5
    July 14, 2021
    • Mark Visnic said:
      @ Jerry

      “We will see a $200 stock price by the Q2, 2022 earnings call.”

      And then, my friend, I’ll have a 4-bagger on the AAPL Jan 2023 100 calls.

      1
      July 14, 2021
  3. Romeo A Esparrago Jr said:
    And news of Apple’s entry into the BNPL model will surely help. And don’t call me Shirley.

    This headline From Reuters:
    “Apple’s potential ‘buy now, pay later’ plan sends sector shares tumbling” By Byron Kaye, Nikhil Nainan

    2
    July 14, 2021
  4. This morning’s bump is on the B’burg rumor of a 20% increase in iPhone production. 90 million from 75 mil units. We’re a long way off from proof right or wrong. It is tricky to keep orders for billions of parts mum.
    So much pre-market activity confirms something I’ve overheard. Apple is climbing Meme stock ranks. GME, AMC & TLRY are all off over 15% past 30d. Meme stock trading volatility makes my skin crawl but you gotta watch for trends possibly headed your way.

    4
    July 14, 2021
  5. Bart Yee said:
    Boom! Right out of the gate, after a few profit taking trades dropped Apple a tad, the buy orders hit the market, up as high as +3.00 to almost $149. Now the see-saw battle competing buy-profit taking sell commences, but there seems to be support at 147-148. If that holds. Look out!

    Also, consider the small retail investor who is looking at all the FAANG stocks – by far AAPL is the lowest stock price and PE to get in to. Like Apple, every little incremental add eventually makes a big difference.

    I also don’t doubt there will be sector rotation back towards tech as earnings reports come in. Those companies that falter will see outflows which may flow right back to tech. We’ll see whether institutions still play “buy the rumor, sell the news”.

    1
    July 14, 2021

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