David Drinkwater on Apple at $333.74: Third all-time high in as many days - 'I’m both surprised and super excited that AAPL held its ground on a Friday after such significant gains. Go Apple, go AAPL!'
on Apple analysts argue the stock round and flat (video) - 'But maybe, as Shel (Uncle Shelby) Silverstein once sang, “It does not pay to be too hip.” 🙂'
on Apple analysts argue the stock round and flat (video) - 'Hey John, I agree. It is always about the guidance. Less so about results these days. But as Apple is very pricey these days, results may matter more than before. I would add a couple of things that could go wrong. First, as Apple continues to succeed, it will invite more regulatory scrutiny. I think this is probably the biggest thing for Apple to continue to navigate. Still a possibility is that Apple could lose its way with the hardware and or software. Like the gnashing of teeth that they had with the Siri problem a couple of years ago. Maybe they don’t do a good job with the foldable or with future iterations of the Apple Vision Pro. I am not saying these things will happen. But they are all potential landmines that a company like Apple will have to try and avoid.'
on Apple analysts argue the stock round and flat (video) - '@Neal As I write this Apple just passed NVIDIA again. 4.909T to 4.905T. I think we’ll get a better feel for your concerns at the earnings call. Especially when we hear the guidance. Compared to other times Apple seems to be be riding a long wave of successes. Siri AI looks very good, the folding iPhone is the first new form for that, MacBook neo is great, M5/6/7/8 are fantastic. Maybe we’ll see some sort of glasses next year. Apple TV shows are garnering manny awards. On the other hand, I can’t think of many negatives. Some legal troubles with the EU. Possibly some black swans: China could invade Taiwan starting a war with the US, Japan, Korea and others. Trump could send on the military to confiscate ballots in the midterms and void the election. Another epidemic could arrive. Massive heat domes could ruin crops. Let’s plan for the worst, hope for the best. 🙂'
on Apple analysts argue the stock round and flat (video) - 'Round? Flat? Maybe for Apple, as Huey sang, its hip to be square.'
on Apple analysts argue the stock round and flat (video) - 'In an economics class I took, the professor mentioned something interesting that impacts how I feel about Apple. He was talking about when to be in index funds and when to focus on individual stocks. When the market is chugging along, index funds work great, even in recessions and pullbacks. Because almost everything is doing great. But during massive pullbacks, such as depressions, index funds do not work as well as finding the right stock. Using the Depression as an example, it took the Dow 25 years to regain the highs it had before the crash (10 years if dividends were reinvested). But if you had been invested in IBM (necessary for Social Security numbers to be crunched) or Coca-Cola (people gotta drink), you would have seen huge returns in that time. I think Apple is the IBM of any coming tough times. And the smart money now recognizes this and is moving into it. It suggests to me that the smart money is increasingly worried about the economy and that Apple is the defensive stock to hold.'
on Premarket: Apple was red, turned green - '“Max pain moves up $10 to $300…” Volume at 9:30 AM PDT was about 30 M. That is high for that time of day. Are the options houses throwing in the towel at $330/share (two attempts to go under that have failed thus far), or are they saving their black powder for EOD? Stay tuned for yet another episode of The Perils of Apple…. BTW, the only tech stock on my list to show green today is Broadcom, which has clawed its way back to flat. That is the backdrop to Apple’s battle…'
on Apple analysts argue the stock round and flat (video) - 'Apple is smarter than the average bear. It’s AI strategy was the appropriate thing from the beginning. The fact that it takes time to get Siri, integrated with AI was a PR stumble, but in the long run, it doesn’t matter at all because there is no deadline. They are the default consumer gateway. And most importantly because of the loyalty of its customers and ginormous installed base. As long as Apple‘s business model is intact, it is still the best long-term investment in high-tech in my opinion. Happy trading, everyone. Enjoy your profits, it ain’t over by a longshot.'
on Premarket: Apple was red, turned green - 'Not that I really care in the long run, but that is still satisfying…'
on Premarket: Apple was red, turned green - 'Thanks for the well wishes … Green looks too hard for aapl today … I am off to bed.'
on Premarket: Apple was red, turned green - 'Bart/Darren: I feel like I’m a spectator at a sporting event rooting on Darren as the home team. Thanks for the e-ticket; now it’s “GO DARREN GO!” 🙂'
on Premarket: Apple was red, turned green - 'As I write this, Apple has overtaken Nvidia in market cap to become No. 1 again.'
on Premarket: Apple was red, turned green - '5:15am, about 75 minutes before open, AAPL premarket is hovering around -0.51 at $332.75. We’ll see if the options are driving AAPL higher towards (and past) $335 or drop below $330? Hope Darren is ready for this morning and has his trades ready.'
on Apple at 333.26: Another day, another record close - 'At 6:55am premarket trading has Apple unchanged and Nvidia down 2.66% – if this holds then Apple regains market cap crown. Seems this Kimi model is throwing a wrench into the ai trade.'
on Premarket: Apple is green - 'I remember the talk of ‘the law of large numbers’ when Apple approached $1T. Now you get unprofitable meme stocks entering the market with valuations of $2T, or trade at multiples of 300-400. So reliably stable and longterm Apple/AAPL with a road map that consistently heads in to right direction with a PE of 40 does not feel shocking at all. As long as EPS rises the share price will rise as that will surely buoy up sentiment.'
