AAPL Intraday Updates (Archive)

  • Posted: 12 August 2010 11:51 AM #61

    Artman Both weekly and Monthly call show 260 has the highest OI. Does this mean it has to get there tomorrow and likely trade sideways for next Friday ?

    I need to get out 260 (w/o loss) hence the question

         
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    Posted: 12 August 2010 11:59 AM #62

    Zeke - 12 August 2010 02:21 PM

    Either this is purposeful manipulation or monumental stupidity.  Take your pick.

    Zeke…in the context of government, my vote is monumental stupidity.

    [ Edited: 12 August 2010 12:08 PM by madmaxroi ]      
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    Posted: 12 August 2010 12:48 PM #63

    The fruit themed toymaker managed to flog 8.7 million devices

    Article on 2nd Qtr Sales

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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

         
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    Posted: 12 August 2010 01:52 PM #64

    Zeke - 12 August 2010 02:21 PM

    This market is being manipulated.  We are down spectacularly on the silliest possible trailing and seasonal indicators.  Investors who are on the edge of their seats and stampeding to and fro are being fed news that is designed to have an effect.  Think about it. 

    We heard about bank repossessions.  If bank repossessions are up right now it means that the owners of those properties started defaulting about 12 months ago.  It takes that long for a foreclosure to work through.  All the present numbers tell us is that things used to be bad about a year ago.

    We heard about rising unemployment.  First came the report that included a few hundred thousand census workers being laid off…duh!  Today applications for jobless benefits are up minimally.  Good fscking grief!  What happens in late August every year?  College and high school kids quit their jobs and get ready to go back to school!  And then the fed (purposely?) takes these numbers and interprets them to mean a slower recovery.  Either this is purposeful manipulation or monumental stupidity.  Take your pick.

    Zeke, what are the unemployment numbers, and the number of people that are no longer receiving benefits and have given up on finding employment? How can you have a meaningful recovery without employment? Where are the indicators that say we are in a meaningful recovery? Our government is adding to the deficit at the rate of tens of billions of dollars every month, with no end in site.  This is unsustainable, and everyone knows it. At some point Apple products will be a luxury that few can afford. If there has been manipulation, it has been to prevent a further decline then we have been seeing. There is an active revolt going on in the country. The ballot box is our only hope.

     

    :apple:

         
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    Posted: 12 August 2010 02:04 PM #65

    MacCube - 12 August 2010 04:52 PM
    Zeke - 12 August 2010 02:21 PM

    This market is being manipulated.  We are down spectacularly on the silliest possible trailing and seasonal indicators.  Investors who are on the edge of their seats and stampeding to and fro are being fed news that is designed to have an effect.  Think about it. 

    We heard about bank repossessions.  If bank repossessions are up right now it means that the owners of those properties started defaulting about 12 months ago.  It takes that long for a foreclosure to work through.  All the present numbers tell us is that things used to be bad about a year ago.

    We heard about rising unemployment.  First came the report that included a few hundred thousand census workers being laid off…duh!  Today applications for jobless benefits are up minimally.  Good fscking grief!  What happens in late August every year?  College and high school kids quit their jobs and get ready to go back to school!  And then the fed (purposely?) takes these numbers and interprets them to mean a slower recovery.  Either this is purposeful manipulation or monumental stupidity.  Take your pick.

    Zeke, what are the unemployment numbers, and the number of people that are no longer receiving benefits and have given up on finding employment? How can you have a meaningful recovery without employment? Where are the indicators that say we are in a meaningful recovery? Our government is adding to the deficit at the rate of tens of billions of dollars every month, with no end in site.  This is unsustainable, and everyone knows it. At some point Apple products will be a luxury that few can afford. If there has been manipulation, it has been to prevent a further decline then we have been seeing. There is an active revolt going on in the country. The ballot box is our only hope.

    I really don’t want to turn this into a political rant, but who are you going to vote for if you’re worried about the national debt?
    Republican presidents increased the debt:
    Reagan - from ~$1T to ~$3T
    Bush 1 - from ~$3T to ~$5T
    Bush 2 - from ~$6T to ~$11T
    That’s $9T of the current $13T debt came during Republican presidents.  Sure, congress is a huge factor, but ultimately, the president signs the spending bills.
    Source: http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm

    Frankly, neither of the two main parties do much about spending, they just spend it on different things - Republicans spend it on defense programs & big business kick backs, Democrats spend it on small business kick backs & social programs.  Which, not coincidentally, is where their campaign funding strongholds are.

         
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    Posted: 12 August 2010 03:58 PM #66

    willrob - 11 August 2010 10:22 PM
    Zeke - 11 August 2010 07:53 PM

    August Max Pain is now at $250.  My, what a coincidence!

    It’s been 250 for a while now. But I’ve been assuming that the Current Pain was 260, since the price visited there each Friday.

    I’m not sure how “current pain” is defined since they added weeklies. That site that sells “current pain” says it’s only based on sales since the last expiration, but with weekly expirations, that means you only count up to a week’s worth of option sales. You can’t even determine the “current pain” for the monthly expiration until the last week of trading. That’s taking them literally. But maybe you just ignore the weekly expirations and count the sales since the last monthly expiration?

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  • Posted: 12 August 2010 05:29 PM #67

    Apple II+ - 12 August 2010 06:58 PM
    willrob - 11 August 2010 10:22 PM
    Zeke - 11 August 2010 07:53 PM

    August Max Pain is now at $250.  My, what a coincidence!

    It’s been 250 for a while now. But I’ve been assuming that the Current Pain was 260, since the price visited there each Friday.

    I’m not sure how “current pain” is defined since they added weeklies. That site that sells “current pain” says it’s only based on sales since the last expiration, but with weekly expirations, that means you only count up to a week’s worth of option sales. You can’t even determine the “current pain” for the monthly expiration until the last week of trading. That’s taking them literally. But maybe you just ignore the weekly expirations and count the sales since the last monthly expiration?

    I’m not sure either. But I am sure that I don’t like these damn weekly options. Will they offer Daily Options next?

         
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    Posted: 12 August 2010 07:01 PM #68

    NatasRevol - 12 August 2010 05:04 PM
    MacCube - 12 August 2010 04:52 PM
    Zeke - 12 August 2010 02:21 PM

    This market is being manipulated.  We are down spectacularly on the silliest possible trailing and seasonal indicators.  Investors who are on the edge of their seats and stampeding to and fro are being fed news that is designed to have an effect.  Think about it. 

    We heard about bank repossessions.  If bank repossessions are up right now it means that the owners of those properties started defaulting about 12 months ago.  It takes that long for a foreclosure to work through.  All the present numbers tell us is that things used to be bad about a year ago.

    We heard about rising unemployment.  First came the report that included a few hundred thousand census workers being laid off…duh!  Today applications for jobless benefits are up minimally.  Good fscking grief!  What happens in late August every year?  College and high school kids quit their jobs and get ready to go back to school!  And then the fed (purposely?) takes these numbers and interprets them to mean a slower recovery.  Either this is purposeful manipulation or monumental stupidity.  Take your pick.

    Zeke, what are the unemployment numbers, and the number of people that are no longer receiving benefits and have given up on finding employment? How can you have a meaningful recovery without employment? Where are the indicators that say we are in a meaningful recovery? Our government is adding to the deficit at the rate of tens of billions of dollars every month, with no end in site.  This is unsustainable, and everyone knows it. At some point Apple products will be a luxury that few can afford. If there has been manipulation, it has been to prevent a further decline then we have been seeing. There is an active revolt going on in the country. The ballot box is our only hope.

    I really don’t want to turn this into a political rant, but who are you going to vote for if you’re worried about the national debt?
    Republican presidents increased the debt:
    Reagan - from ~$1T to ~$3T
    Bush 1 - from ~$3T to ~$5T
    Bush 2 - from ~$6T to ~$11T
    That’s $9T of the current $13T debt came during Republican presidents.  Sure, congress is a huge factor, but ultimately, the president signs the spending bills.
    Source: http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm

    Frankly, neither of the two main parties do much about spending, they just spend it on different things - Republicans spend it on defense programs & big business kick backs, Democrats spend it on small business kick backs & social programs.  Which, not coincidentally, is where their campaign funding strongholds are.

    What have the 2 wars that the current Pres. didn’t get us into cost the U.S.???? How much of that could have gone to creating jobs (instead of military jobs)? Wars we can’t win and continue to waste money on at the expense of Americans that need jobs. Stupid. (yes, the Pres. is stupid IMO for continuing down this path).

    BTW, just vacationed in Sarasota and the RE agent there said that inventory is way down and their problem is now getting listings. A huge change from a year ago when it seemed like every 3rd yard had a sign in it. Agent said that a lot of people were just paying cash (some pricey properties there).

    Supposedly 70% of companies beat earnings expectations. If that’s the case, how come they aren’t creating jobs with those profits? Seems to me that as usual, the brass only cares about the bottom line/stock price. Why should they care if things get bad, they still have their enormous checks/payouts (Hurd got 30-50mil for being fired?). Pity him.
    BTW, just read that shareholders are suing him now, good luck with that. Supposedly, the CEOs/BOD only care about creating shareholder value. I don’t really think that’s completely true. They really want to make themselves rich more than anything (in most cases). They will layoff, outsource overseas, import foreign workers, etc. Whatever it takes to gain short-term profits. We have millions of jobs that aren’t coming back unless Uncle Sam creates some by way of improved infrastructure/new technology/industries, etc. IMO.

    All these companies would be richer IN THE LONG TERM if the avg. Joe has money to spend, but they need a job to do that. Nothing creates more discontent/social problems than being unemployed.

         
  • Posted: 12 August 2010 07:50 PM #69

    ChasMac77 - 12 August 2010 10:01 PM
    NatasRevol - 12 August 2010 05:04 PM
    MacCube - 12 August 2010 04:52 PM
    Zeke - 12 August 2010 02:21 PM

    This market is being manipulated.  We are down spectacularly on the silliest possible trailing and seasonal indicators.  Investors who are on the edge of their seats and stampeding to and fro are being fed news that is designed to have an effect.  Think about it. 

    We heard about bank repossessions.  If bank repossessions are up right now it means that the owners of those properties started defaulting about 12 months ago.  It takes that long for a foreclosure to work through.  All the present numbers tell us is that things used to be bad about a year ago.

    We heard about rising unemployment.  First came the report that included a few hundred thousand census workers being laid off…duh!  Today applications for jobless benefits are up minimally.  Good fscking grief!  What happens in late August every year?  College and high school kids quit their jobs and get ready to go back to school!  And then the fed (purposely?) takes these numbers and interprets them to mean a slower recovery.  Either this is purposeful manipulation or monumental stupidity.  Take your pick.

    Zeke, what are the unemployment numbers, and the number of people that are no longer receiving benefits and have given up on finding employment? How can you have a meaningful recovery without employment? Where are the indicators that say we are in a meaningful recovery? Our government is adding to the deficit at the rate of tens of billions of dollars every month, with no end in site.  This is unsustainable, and everyone knows it. At some point Apple products will be a luxury that few can afford. If there has been manipulation, it has been to prevent a further decline then we have been seeing. There is an active revolt going on in the country. The ballot box is our only hope.

    I really don’t want to turn this into a political rant, but who are you going to vote for if you’re worried about the national debt?
    Republican presidents increased the debt:
    Reagan - from ~$1T to ~$3T
    Bush 1 - from ~$3T to ~$5T
    Bush 2 - from ~$6T to ~$11T
    That’s $9T of the current $13T debt came during Republican presidents.  Sure, congress is a huge factor, but ultimately, the president signs the spending bills.
    Source: http://www.skymachines.com/US-National-Debt-Per-Capita-Percent-of-GDP-and-by-Presidental-Term.htm

    Frankly, neither of the two main parties do much about spending, they just spend it on different things - Republicans spend it on defense programs & big business kick backs, Democrats spend it on small business kick backs & social programs.  Which, not coincidentally, is where their campaign funding strongholds are.

    What have the 2 wars that the current Pres. didn’t get us into cost the U.S.???? How much of that could have gone to creating jobs (instead of military jobs)? Wars we can’t win and continue to waste money on at the expense of Americans that need jobs. Stupid. (yes, the Pres. is stupid IMO for continuing down this path).

    BTW, just vacationed in Sarasota and the RE agent there said that inventory is way down and their problem is now getting listings. A huge change from a year ago when it seemed like every 3rd yard had a sign in it. Agent said that a lot of people were just paying cash (some pricey properties there).

    Supposedly 70% of companies beat earnings expectations. If that’s the case, how come they aren’t creating jobs with those profits? Seems to me that as usual, the brass only cares about the bottom line/stock price. Why should they care if things get bad, they still have their enormous checks/payouts (Hurd got 30-50mil for being fired?). Pity him.
    BTW, just read that shareholders are suing him now, good luck with that. Supposedly, the CEOs/BOD only care about creating shareholder value. I don’t really think that’s completely true. They really want to make themselves rich more than anything (in most cases). They will layoff, outsource overseas, import foreign workers, etc. Whatever it takes to gain short-term profits. We have millions of jobs that aren’t coming back unless Uncle Sam creates some by way of improved infrastructure/new technology/industries, etc. IMO.

    All these companies would be richer IN THE LONG TERM if the avg. Joe has money to spend, but they need a job to do that. Nothing creates more discontent/social problems than being unemployed.

    Agreed 1000%!  See http://www.costofwar.com

         
  • Posted: 12 August 2010 11:46 PM #70

    Friday

    R4         304.61
      midpoint   296.12
    R3       287.63
      midpoint   279.14
    R2       270.65
      midpoint   265.94
    R1       261.22
      midpoint   257.45
    PP       253.67
      midpoint   248.96
    S1       244.24
      midpoint   240.47
    S2       236.69
      midpoint   228.20
    S3       219.71
      midpoint   211.22
    S4       202.73

         
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    Posted: 13 August 2010 03:02 AM #71

    Best AAPL remark in months:

    Beltway Greg on Aug 12, 4:05 PM said:
    I’ll tell you this: If Apple finishes at $260.00 tomorrow I’m going to strip naked, buy another iPad to cover my genitalia, and have some people from the Church of Scientology nail me to a cross made of L. Ron Hubbard books and carry me down Mass. Ave. and plant my sorry carcass in front of the SEC to help bring attention to how the market is manipulated. Till then keep reaching for the scars.


    Read more: http://www.businessinsider.com/closing-bell-august-12-2010-8#ixzz0wSllD2gc

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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.

         
  • Posted: 13 August 2010 06:27 AM #72

    Euro-zone set for strong growth as national data pour in
    French second-quarter GDP tops expectations as Germany surges

    The euro-zone economy is set to show it expanded at an even faster pace than economists had expected in the second quarter after core German and French gross-domestic-product growth topped forecasts.

    Could EU recovery path be stronger and safer than US’s?

    http://www.marketwatch.com/story/strong-core-performance-to-lift-euro-zone-gdp-2010-08-13

         
  • Posted: 13 August 2010 11:20 AM #73

    Do folks here believe AAPL could be at 240 next Friday expiry.

         
  • Posted: 13 August 2010 11:29 AM #74

    No, a huge bear trap in formation will swallow $billions of AAPL shorts… Beware….

         
  • Posted: 13 August 2010 12:16 PM #75

    artman1033 - 13 August 2010 02:57 PM
    Hamourabi - 13 August 2010 02:29 PM

    No, a huge bear trap in formation will swallow $billions of AAPL shorts… Beware….

    put/call ratio near .80, slightly oversold, BUT there is no VOLUME!!!!

    DYODD!!


    Beware…


    Beware…


    Beware…

    Beware…

    No volume means easy manipulation in either direction.  Beware indeed!