It’s been a while since I last saw AAPL at the top (or even on) the Selling on Strength List, while I have seen AAPL on the Buying on Weakness List.

Each time on the Buying on Weakness List, retail traders are net sellers, while block traders (institutions) are net buyers.  Thirty DMA has risen ~40% in the last month.

I think the shift has happened where the institutions have returned to AAPL.

Gregg Thurman - 15 August 2011 05:20 PM

It’s been a while since I last saw AAPL at the top (or even on) the Selling on Strength List, while I have seen AAPL on the Buying on Weakness List.

Each time on the Buying on Weakness List, retail traders are net sellers, while block traders (institutions) are net buyers.  Thirty DMA has risen ~40% in the last month.

I think the shift has happened where the institutions have returned to AAPL.

After dropping for some unknown reason last week, AAPL was up as much as $6.00 today, yet did not appear on the Selling on Strength list.  This after two days of AAPL appearing at or near the top of the Buying on Weakness list.  Are the institutions loading up for October earnings/guidance?

A little off topic, but is anybody considering going to cash just before Obama speaks later this week?

Gregg Thurman - 06 September 2011 05:52 PM

Gregg Thurman - 15 August 2011 05:20 PM

It’s been a while since I last saw AAPL at the top (or even on) the Selling on Strength List, while I have seen AAPL on the Buying on Weakness List.

Each time on the Buying on Weakness List, retail traders are net sellers, while block traders (institutions) are net buyers.  Thirty DMA has risen ~40% in the last month.

I think the shift has happened where the institutions have returned to AAPL.

After dropping for some unknown reason last week, AAPL was up as much as $6.00 today, yet did not appear on the Selling on Strength list.  This after two days of AAPL appearing at or near the top of the Buying on Weakness list.  Are the institutions loading up for October earnings/guidance?

A little off topic, but is anybody considering going to cash just before Obama speaks later this week?

Yes

mbeauch - 06 September 2011 06:03 PM

Gregg Thurman - 06 September 2011 05:52 PM

Gregg Thurman - 15 August 2011 05:20 PM

It’s been a while since I last saw AAPL at the top (or even on) the Selling on Strength List, while I have seen AAPL on the Buying on Weakness List.

Each time on the Buying on Weakness List, retail traders are net sellers, while block traders (institutions) are net buyers.  Thirty DMA has risen ~40% in the last month.

I think the shift has happened where the institutions have returned to AAPL.

After dropping for some unknown reason last week, AAPL was up as much as $6.00 today, yet did not appear on the Selling on Strength list.  This after two days of AAPL appearing at or near the top of the Buying on Weakness list.  Are the institutions loading up for October earnings/guidance?

A little off topic, but is anybody considering going to cash just before Obama speaks later this week?

Yes

+2

I don’t really care what political party you’re from (though I’m sure someone will cast me in some mold based on what I’m about to say), you’d kinda have a hard time remembering the last time the markets had an up day when President Obama gave some kind of major policy speech.

I would sell most of my trades, but, well, the market’s forced me to ride it out until the next media invite/iPhone.  So YOKU better go up and FAST!

Mostly there already.

Mav - 06 September 2011 07:18 PM

I don’t really care what political party you’re from (though I’m sure someone will cast me in some mold based on what I’m about to say), you’d kinda have a hard time remembering the last time the markets had an up day when President Obama gave some kind of major policy speech.

At this point Obama is damned if he does, and damned if he doesn’t.  An NBC/WSJ survey (released today) has him trailing any generic Republican by 3 points.

After dropping for some unknown reason last week, AAPL was up as much as $6.00 today, yet did not appear on the Selling on Strength list.  This after two days of AAPL appearing at or near the top of the Buying on Weakness list.  Are the institutions loading up for October earnings/guidance?

I’d say so!

Until AAPL broke into the green today right after lunch, it was #1 or #2 all day on buying on weakness, clearly today was a good day for AAL bulls.

ChicagoBob - 07 September 2011 01:40 AM

After dropping for some unknown reason last week, AAPL was up as much as $6.00 today, yet did not appear on the Selling on Strength list.  This after two days of AAPL appearing at or near the top of the Buying on Weakness list.  Are the institutions loading up for October earnings/guidance?

I’d say so!

Until AAPL broke into the green today right after lunch, it was #1 or #2 all day on buying on weakness, clearly today was a good day for AAL bulls.

After the rally of the last several days, it appears that the institutions have definitely moved in.

AAPL has not been on the Selling on Strength list throughout this rally, even though volume has nearly doubled.

Gregg Thurman - 20 September 2011 03:37 PM

ChicagoBob - 07 September 2011 01:40 AM

After dropping for some unknown reason last week, AAPL was up as much as $6.00 today, yet did not appear on the Selling on Strength list.  This after two days of AAPL appearing at or near the top of the Buying on Weakness list.  Are the institutions loading up for October earnings/guidance?

I’d say so!

Until AAPL broke into the green today right after lunch, it was #1 or #2 all day on buying on weakness, clearly today was a good day for AAL bulls.

After the rally of the last several days, it appears that the institutions have definitely moved in.

AAPL has not been on the Selling on Strength list throughout this rally, even though volume has nearly doubled.

And so it continues.

Since last Friday’s collapse ($368ish) AAPL has gained >13% (more than a significant amount for a stock priced as is AAPL).  Yet AAPL remains absent from the Selling on Strength list, as it has for more than 5 weeks.

Apparently, $419 isn’t enough to move the institutions out of AAPL.  Gee, I wonder why?  :  )

Why indeed?

With a reasonable P/E (ISM) of 16 this happy holiday season, AAPL is over 450 by year end.  (That assumes earnings of friggin’ $7.50, btw.)

Obviously, Apple’s financials and all those macro factor have to cooperate.  But let’s say Apple manages a ttm EPS of close to or over $30?  Pine fresh green, baby!

mbeauch - 06 September 2011 06:03 PM

Gregg Thurman - 06 September 2011 05:52 PM

Gregg Thurman - 15 August 2011 05:20 PM

It’s been a while since I last saw AAPL at the top (or even on) the Selling on Strength List, while I have seen AAPL on the Buying on Weakness List.

Each time on the Buying on Weakness List, retail traders are net sellers, while block traders (institutions) are net buyers.  Thirty DMA has risen ~40% in the last month.

I think the shift has happened where the institutions have returned to AAPL.

After dropping for some unknown reason last week, AAPL was up as much as $6.00 today, yet did not appear on the Selling on Strength list.  This after two days of AAPL appearing at or near the top of the Buying on Weakness list.  Are the institutions loading up for October earnings/guidance?

A little off topic, but is anybody considering going to cash just before Obama speaks later this week?

Yes

Mark is in cash preservation mode of sorts.

SHHHHHHHHHHHH, Eric, things are going to plan, I will let the cat out of the bag on Tuesday if all goes well. 

Remember that one position I told you about this morning? it is +140% today. Yikes.

mbeauch - 14 October 2011 01:45 PM

SHHHHHHHHHHHH, Eric, things are going to plan, I will let the cat out of the bag on Tuesday if all goes well. 

Remember that one position I told you about this morning? it is +140% today. Yikes.

Good thing you’re in another state or you’d be paying for lunch. 

Eric Landstrom - 14 October 2011 01:58 PM

mbeauch - 14 October 2011 01:45 PM

SHHHHHHHHHHHH, Eric, things are going to plan, I will let the cat out of the bag on Tuesday if all goes well. 

Remember that one position I told you about this morning? it is +140% today. Yikes.

Good thing you’re in another state or you’d be paying for lunch. 

Whenever I make it up that way I will gladly buy you dinner. I am not talking fast food either. lol   It has been a really good day. I am stunned honestly.

One of these days, I would travel all over US to visit you guys.