This week's Apple trading strategies (6/6-6/10/22)

A place for Apple traders and investors to share their best ideas -- WWDC 2022 edition.

To get things rolling, here's Jim Cramer on CNBC Friday talking about the effect of Katy Huberty's Apple App Store note on the stock and, as it turns out, the rest of the market. The Apple bit starts at the 2:15 mark.

Below: Apple vs. the S&P 500 last week, normalized…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 IRA doing something you read about here.

apple trading strategies 6-6-22
See also last week’s trading strategies.

One Comment

  1. Michael Goldfeder said:
    In sharp contrast to the four times a year Apple reports: “Actual revenues and earnings”, by comparison to the WS Analysts predictions of doom and gloom with: Sales pulled forward; Headwinds; Lockdowns and growth slowing in China; App Store revenues decelerating; and of course iPhone sales constantly slowing; it’s always nice to have someone put all of that noise into proper context: “Gossip!”

    IMO, the best defense against “Gossip” is: $180 Billion in buybacks being deployed to take advantage of these shortfalls in the stock price. Buybacks are the best shock absorber known to alleviate those bumps and potholes for long term shareholders.

    June 5, 2022

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