AAPL Intraday Updates (Archive)

  • Posted: 08 April 2009 12:18 AM

    We’re halfway through a shortened trading week. We’ll start the Wednesday action with a new intraday topic. Today’s trading was underwhelming at best. What should we expect at the opening of trading on Wednesday?

    [ Edited: 11 April 2009 01:10 AM by DawnTreader ]      
  • Posted: 08 April 2009 12:47 AM #1

    Wednesday

    R4         128.66
      midpoint   126.53
    R3       124.40
      midpoint   122.27
    R2       120.14
      midpoint   118.86
    R1       117.57
      midpoint   116.73
    PP       115.88
      midpoint   114.60
    S1       113.31
      midpoint   112.47
    S2       111.62
      midpoint   109.49
    S3       107.36
      midpoint   105.23
    S4       103.10

         
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    Posted: 08 April 2009 09:42 AM #2

    ConMan, you may find the following article from CNBC useful in your research of bankruptcy plays.

    Companies at Greatest Risk for Default

         
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    Posted: 08 April 2009 10:25 AM #3

    CaptainBoom - 08 April 2009 12:42 PM

    ConMan, you may find the following article from CNBC useful in your research of bankruptcy plays.

    Companies at Greatest Risk for Default

    Thanks CaptainBoom.

    Signature

    “the market can stay irrational longer than you can stay solvent”
    -John Maynard Keynes

         
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    Posted: 08 April 2009 10:29 AM #4

    FOMC minutes coming out today at 2pm est.

    Signature

    “the market can stay irrational longer than you can stay solvent”
    -John Maynard Keynes

         
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    Posted: 08 April 2009 10:52 AM #5

    Could the vix actually fall below 40 today? 40.09 as I type.

    Signature

    “the market can stay irrational longer than you can stay solvent”
    -John Maynard Keynes

         
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    Posted: 08 April 2009 10:55 AM #6

    ConMan - 08 April 2009 01:52 PM

    Could the vix actually fall below 40 today? 40.09 as I type.

    Yep. 39.97

         
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    Posted: 08 April 2009 10:55 AM #7

    FYI: I found this linked Morningstar video useful for explaining the inherent slippage involved in ultra 2x and 3x Exchange Traded Funds.


    Disclosure: have a long SRS position right now (SRS is used as an example of the slippage and why these ETFs are not good to hold).

    Signature

    Black Swan Counter: 9 (Banks need money, Jobs needs a break, Geithner has no plan, Cuomo’s grandstanding, .Gov needs a hobby, GS works for money, flash crash, is that bubbling crude?).

    For those who look, a flash allows one to see farther.

         
  • Posted: 08 April 2009 11:01 AM #8

    Wholesales Inventories down 1.5%.

    Good news! Get this stuff out of the warehouses.

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    “We hang the petty thieves and appoint the great ones to public office.” - Aesop

         
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    Posted: 08 April 2009 11:02 AM #9

    We’re minutes away from the SEC’s decision on reinstating the uptick rule.

    Signature

    “the market can stay irrational longer than you can stay solvent”
    -John Maynard Keynes

         
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    Posted: 08 April 2009 11:11 AM #10

    ConMan - 08 April 2009 02:02 PM

    We’re minutes away from the SEC’s decision on reinstating the uptick rule.

    I thought they were just going to announce proposals not make an actual decision. 

    (To be honest, I think just enforcing the naked short rule and putting HUGE monetary penalties for violations would be enough.)

    Signature

    “Once we roared like lions for liberty; now we bleat like sheep for security! The solution for America’s problem is not in terms of big government, but it is in big men over whom nobody stands in control but God.”  ?Norman Vincent Peale

         
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    Posted: 08 April 2009 11:12 AM #11

    ConMan - 08 April 2009 02:02 PM

    We’re minutes away from the SEC’s decision on reinstating the uptick rule.

    Or announcing what they plan to do eventually, when they get around to it in 30,60, 90 or more days.

    Signature

    Black Swan Counter: 9 (Banks need money, Jobs needs a break, Geithner has no plan, Cuomo’s grandstanding, .Gov needs a hobby, GS works for money, flash crash, is that bubbling crude?).

    For those who look, a flash allows one to see farther.

         
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    Posted: 08 April 2009 11:20 AM #12

    Wow, Schapiro has the same effect on the markets that Obama does.  big surprise
    Mr. Market says “you want to talk about short selling…I’ll show you short selling”.

    Signature

    “the market can stay irrational longer than you can stay solvent”
    -John Maynard Keynes

         
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    Posted: 08 April 2009 11:31 AM #13

    FWIW, open interest on the 100, 105, 110 calls have been declining the past few days; puts have been gaining.  However, the 120C OI is up quite a bit from Mon. open (25790 contracts to 33666 contracts)

    Signature

    “Once we roared like lions for liberty; now we bleat like sheep for security! The solution for America’s problem is not in terms of big government, but it is in big men over whom nobody stands in control but God.”  ?Norman Vincent Peale

         
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    Posted: 08 April 2009 12:41 PM #14

    Is there any chance we’ll see selling pressure tomorrow due to markets being closed on Friday, and not wanting to hold through the weekend? Wondering if this has been observed in the past.

         
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    Posted: 08 April 2009 12:41 PM #15

    CaptainBoom - 08 April 2009 01:55 PM
    ConMan - 08 April 2009 01:52 PM

    Could the vix actually fall below 40 today? 40.09 as I type.

    Yep. 39.97

    The VIX bounced off that 39.97 the first time (back up to almost 41), now we’re back down below 40…and falling…39.72 currently.

    Signature

    “the market can stay irrational longer than you can stay solvent”
    -John Maynard Keynes