Apple soars to an all-time high close of $153.65

Second record close of the week, ninth of the year.

From AAPLInvestors.net’s Terrence Gregory, keeper of the stats.

apple high close 153.65

My take: Of all the factors that could be driving the stock higher — upcoming product releases, antitrust concessions, health-related rumors, talk of car talks — I like the eight states agreeing to driver’s licenses being stored in Apple Wallets. That and the fact that Apple’s likely to report a monstrous fourth quarter.

3 Comments

  1. David Emery said:
    The real test is tomorrow and ‘max pain’, right?

    2
    September 2, 2021
  2. Fred Stein said:
    Call it “inverse capitulation”.

    Folks gave up waiting for ‘the’ buying opportunity, and took Gene Munster’s advise.

    Plus 401K, Apple buybacks and other programatic buying will sustain the stock regardless of the exact trajectory going forward.

    3
    September 2, 2021
  3. David Drinkwater said:
    I’ll take a second helping of Fourth Quarter, please. I’m not a big “dessert” guy, but I feel some icing coming.

    3
    September 2, 2021

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