AAPL Intraday Updates (Archive)

  • Posted: 06 May 2009 11:41 PM

    Let’s start over for Thursday…

    [ Edited: 09 May 2009 02:21 AM by DawnTreader ]      
  • Posted: 07 May 2009 12:32 AM #1

    Thursday

    R4         141.91
      midpoint   140.27
    R3       138.63
      midpoint   136.99
    R2       135.35
      midpoint   134.64
    R1       133.93
      midpoint   133.00
    PP       132.07
      midpoint   131.36
    S1       130.65
      midpoint   129.72
    S2       128.79
      midpoint   127.15
    S3       125.51
      midpoint   123.87
    S4       122.23

         
  • Posted: 07 May 2009 07:49 AM #2

    Apple is up in PM and futures are GREEN.  A nice turn of events from last night

    On deck, unemployment #‘s Friday that appear to be carrying more weight than normal to help answer the question:  Is this rally REAL?.

    [ Edited: 07 May 2009 07:51 AM by ByeTMO ]      
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    Posted: 07 May 2009 09:24 AM #3

    Mercel - 07 May 2009 10:49 AM

    Apple is up in PM and futures are GREEN.  A nice turn of events from last night

    On deck, unemployment #‘s Friday that appear to be carrying more weight than normal to help answer the question:  Is this rally REAL?.

    BAC touched $15 this PM. :bugeyed:

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    “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

         
  • Posted: 07 May 2009 09:28 AM #4

    BAC, C and other banks are up dramatically in the PM. Futures are green… If the Dow responds similarly, then this bear rally of our might have stronger legs than its overbought condition might indicate.

    EDIT: Apparently .gov thinks .banks are .OK. Geithner said the stree test results will present a “reassuring picture of US Banking system.”

    edit 2: The Geithner quote was from a television interview yesterday on Charlie Rose (on too late where I live for me to see it).

    [ Edited: 07 May 2009 09:32 AM by willrob ]      
  • Posted: 07 May 2009 09:41 AM #5

    Initial jobless claims fell to lowest level in 3 months and U.S. productivity rises 0.8% in first quarter.

         
  • Posted: 07 May 2009 09:52 AM #6

    willrob - 07 May 2009 12:28 PM

    BAC, C and other banks are up dramatically in the PM. Futures are green… If the Dow responds similarly, then this bear rally of our might have stronger legs than its overbought condition might indicate.

    Yeah and all of a sudden my C May $4 calls look pretty gooood!!

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    Posted: 07 May 2009 10:13 AM #7

    And oil is on the rise too.

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    Tightwad.

         
  • Posted: 07 May 2009 10:19 AM #8

    awcabot - 07 May 2009 01:13 PM

    And oil is on the rise too.

    That was inevitable with any market recovery. It was good to see a story on Ford last night on the news, all about retooling an SUV plant in Michigan to roll out battery powered cars. A lot of investors saw that story apparently, which basically stated how and why F is the company that is most likely to survive. F is up over 3.8% in PM.

         
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    Posted: 07 May 2009 10:23 AM #9

    awcabot - 07 May 2009 01:13 PM

    And oil is on the rise too.

    I seem to have bet on the wrong solar company: options of SPWRA, Jan2011@50 aren’t moving much, as there is no liquidity. Will I have to hold until expiration?

    [Going off topic]

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    Tightwad.

         
  • Posted: 07 May 2009 10:38 AM #10

    So why is AAPL down?  I can’t find any news at the open to suggest a reason.  :bugeyed:

         
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    Posted: 07 May 2009 10:40 AM #11

    Mercel - 07 May 2009 01:38 PM

    So why is AAPL down?  I can’t find any news at the open to suggest a reason.  :bugeyed:

    Why buy AAPL when you can make another 20% on BAC in one day.  rolleyes

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

         
  • Posted: 07 May 2009 10:40 AM #12

    awcabot - 07 May 2009 01:13 PM

    And oil is on the rise too.

    As Eric told me more than once - Oil is not going to 25 but to 60! He was right and I am glad I am still holding my USO.

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

         
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    Posted: 07 May 2009 10:46 AM #13

    Play Ultimate - 07 May 2009 12:24 PM
    Mercel - 07 May 2009 10:49 AM

    Apple is up in PM and futures are GREEN.  A nice turn of events from last night

    On deck, unemployment #‘s Friday that appear to be carrying more weight than normal to help answer the question:  Is this rally REAL?.

    BAC touched $15 this PM. :bugeyed:

    It did again in the regular session as well where the market noticed that Eric was selling (cause they care LOL ?maybe not :-( ) and rolled over as I was dumping even more BAC. The lesson from all of this is to never miss out an opportunity to talk about yourself in the third person, or something.

    In other news we’re all going to buy F150s and burn plenty of gas. For those without cash, we’ll take out a home equity loans through Citi and BAC to haul fertilizer out to our tractors, which are also new. Along the way, we’ll talk to others and text them on our blackberries.

    BTW folks you may want to buy in with the NYSE floor specialists here on the stocks that gapped up on the bell and pulled back. Theory: When stocks gap up on the morning bell, the specialist needs to short the stock in order to fulfill his duties to make an orderly market. The specialist does this by shorting inventory from his account. Later on within the hour, the specialist will engineer a pull back to cover his temporary losing position. This is an excellent time to buy with him. So, check the stocks that are pulling back off of a morning gap up.

    [ Edited: 07 May 2009 10:57 AM by Eric Landstrom ]

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    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: 07 May 2009 10:55 AM #14

    Eric Landstrom - 07 May 2009 01:46 PM

    It did again in the regular session as well where the market noticed that Eric was selling (cause they care LOL ?maybe not :-( ) and rolled over as I was dumping even more BAC. The lesson from all of this is to never miss out an opportunity to talk about yourself in the third person, or something.

    In other news we’re all going to buy F150s and burn plenty of gas. For those without cash, we’ll take out a home equity loans through Citi and BAC to hall fertilizer out to our tractors, which are also new. Along the way, we’ll talk to others and text them on our blackberries.

    BTW folks you may want to buy in with the NYSE floor specialists here on the stocks that gapped up on the bell and pulled back. Theory: When stocks gap up on the morning bell, the specialist needs to short the stock in order to fulfill his duties to make an orderly market. The specialist does this by shorting inventory from his account. Later on within the hour, the specialist will engineer a pull back to cover his temporary losing position. This is an excellent time to buy with him. So, check the stocks that are pulling back off of a morning gap up.

    Thank you for the wisdom.    And you can talk about yourself in the third person all you like.  tongue laugh


    :apple:

         
  • Posted: 07 May 2009 10:55 AM #15

    I just fell asleep while Bernanke was speaking! They should record his speeches and sell it to parents for them to play it to their babies at bedtime. That will do it!  rolleyes

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