AAPL Intraday Updates (Archive)

  • Posted: 24 May 2010 01:28 AM

    Apple closed at $242.32 on Friday. Will Friday’s upward momentum continue on Monday?

    [ Edited: 28 May 2010 11:49 PM by DawnTreader ]      
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    Posted: 24 May 2010 01:58 AM #1

    For tomorrow, it depends on the broader markets.

    I think AAPL near-term will be driven by news and rumors (as usual).  Obviously external factors and the ever-present shorts and downside opportunists factor in.  Lots of big news and important milestones are likely ahead in the next several weeks.  How the good news affects AAPL will be telling as the July earnings announcement comes around.

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  • Posted: 24 May 2010 02:05 AM #2

    Monday

    R4         278.84
      midpoint   272.27
    R3       265.69
      midpoint   259.12
    R2       252.54
      midpoint   249.99
    R1       247.43
      midpoint   243.41
    PP       239.39
      midpoint   236.84
    S1       234.28
      midpoint   230.26
    S2       226.24
      midpoint   219.67
    S3       213.09
      midpoint   206.52
    S4       199.94

         
  • Posted: 24 May 2010 02:15 AM #3

    PED is running a humorous SJ email to a Brit last night.  In reply to a colorful question about any good news from Apple at WWDC, Steve wrote “You won’t be disappointed.”

    See the original email here

    Futures are inconclusive, running slightly red,  but Asian markets are up.

         
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    Posted: 24 May 2010 10:03 AM #4

    AAPL up $4.50+ in PM.  Was it the Katy Huberty comments and target upgrades?

    Edit: Link here

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  • Posted: 24 May 2010 10:52 AM #5

    Also the press release announcing the Keynote came out:

    CUPERTINO, Calif., May 24, 2010 /PRNewswire via COMTEX/—Apple(R) will kick off its annual Worldwide Developers Conference (WWDC) with a keynote address by CEO Steve Jobs on Monday, June 7 at 10:00 a.m. This year’s WWDC sold out in a record eight days to over 5,000 developers.

    The five-day event running from June 7 to June 11, is focused on providing advanced content for skilled developers across five key technology tracks: Application Frameworks; Internet & Web; Graphics & Media; Developer Tools; and Core OS. Apple engineers will deliver over 100 solutions-oriented technical sessions and labs. WWDC 2010 gives an incredibly diverse community the opportunity to connect with thousands of fellow iPhone(R), iPad(TM) and Mac(R) developers from around the world.

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  • Posted: 24 May 2010 11:17 AM #6

    Fair to say “Buy the rumor” has officially begun with the Katy Huberty pump. I expect few more pumps in the next 9 trading days leading to WWDC!

    Do we head back to 272 by June 7 if not a new high

         
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    Posted: 24 May 2010 11:28 AM #7

    thealct - 24 May 2010 02:17 PM

    Fair to say “Buy the rumor” has officially begun with the Katy Huberty pump. I expect few more pumps in the next 9 trading days leading to WWDC!

    Do we head back to 272 by June 7 if not a new high

    Good Morning Boys and Girls

    Don’t think we will see 272 anytime soon. I will be thankful if we maintain 255-260 for the next two months.  The market realty took us down and unless the market rebounds in a big way, aapl will cont. To suffer.  I think we may see 280 by July and break 300 in Oct.

    Had a margin call last week which just got whipped out this am. grin

         
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    Posted: 24 May 2010 11:48 AM #8

    I made such a big mistake last Friday!
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    [ Edited: 24 May 2010 11:59 AM by zulu ]      
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    Posted: 24 May 2010 11:52 AM #9

    zulu - 24 May 2010 02:48 PM

    I made such a big mistake last Friday!

    You are kidding?

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    Posted: 24 May 2010 11:59 AM #10

    macglenn - 24 May 2010 02:52 PM
    zulu - 24 May 2010 02:48 PM

    I made such a big mistake last Friday!

    You are kidding?

    OH YEAH!

         
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    Posted: 24 May 2010 12:18 PM #11

    The Fruit Company is attempting to pop over $two-fiddy but has once again been slapped down.

    Meanwhile, Ben Graham style investors search for value during this correction while the bears attempt the forward the mother-of-all-bearish-theses, GUARANTEED. Effectively the bear story takes elements of bad news and then takes each premise to the extreme, worse-case scenario. Read about it so you’ll recognize the bear story.

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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: 24 May 2010 01:35 PM #12

    zulu - 24 May 2010 02:59 PM
    macglenn - 24 May 2010 02:52 PM
    zulu - 24 May 2010 02:48 PM

    I made such a big mistake last Friday!

    You are kidding?

    OH YEAH!

    I don’t mind be that guy :-D.

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    Posted: 24 May 2010 01:47 PM #13

    Today is shaping up to be a good trading day.

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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: 24 May 2010 03:28 PM #14

    omacvi - 24 May 2010 02:28 PM

    ... Had a margin call last week which just got whipped out this am. grin

    Recently, u r lucky even though u continue to be reckless in your approach.  $300 by Jul is not in play, right?

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    Posted: 24 May 2010 03:53 PM #15

    Mace - 24 May 2010 06:28 PM
    omacvi - 24 May 2010 02:28 PM

    ... Had a margin call last week which just got whipped out this am. grin

    Recently, u r lucky even though u continue to be reckless in your approach.  $300 by Jul is not in play, right?

    Mace,

    I have always lived on the edge. :-D   Correct I don’t see 300 by July.  The DOW would need to be close to 12K for us to get there.  I just can not see that right now.

    So you will be mailing that iPad in Oct. grin