AAPL Intraday Updates - Black Friday Edition (Archive)

  • Posted: 24 November 2011 07:07 PM

    Apple dropped 2.53% in Wednesday trading. Will a rebound begin in light Black Friday trading?

    [ Edited: 25 November 2011 02:33 PM by DawnTreader ]      
  • Posted: 24 November 2011 07:16 PM #1

    Has apple ever offered discounts like this?  Desperate to sell items that are discounted?  Anyone know how long the sale prices are for?

         
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    Posted: 24 November 2011 07:50 PM #2

    Well the markets are dropping, and shorts have done well lately, but being short can still be risky!  I notice short covering has not become popular yet, but could experience a renaissance soon!

    [ Edited: 24 November 2011 07:52 PM by zulu ]      
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    Posted: 24 November 2011 08:01 PM #3

    huskerrx - 24 November 2011 11:16 PM

    Has apple ever offered discounts like this?  Desperate to sell items that are discounted?  Anyone know how long the sale prices are for?

    Every.  Single.  Year.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 24 November 2011 08:09 PM #4

    I can see a seventh down day tomorrow.  Nothing positive to support the markets that I can see.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 24 November 2011 08:54 PM #5

    Would not count very much on what happens tomorrow as volumes should be very light on a half session before weekend. Volume Wednesday was already light, lightest in the year at 640 million shares traded at the NYSE when a year ago was 824 million shares.

    Markets are very oversold and we should see an oversold bounce soon. Expect (meaning hope) Apple stabilize after Black Friday. Forget Europe, buy Christmas?

    Europe continues to weight and tomorrow a special treat with an auction of 8 billion 183 day bills by Italy (T-bill/zero-coupon bond), with a too big to bail 1.9 trillion euros debt, or 120% of its gross domestic product (GDP).

    Rating agencies keeping busy downgrading Portugal and Hungary (Fitch and Moody?s respectively). And the leaders Germany, France and Italy pledged their respect for the independence of the European Central Bank.

    And save the date: Friday, Dec. 9: EU leaders summit. Vienna World Policy conference (through Dec. 11). Merkozy put ahead of the date?

    [ Edited: 24 November 2011 08:56 PM by BrazilNuts ]      
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    Posted: 24 November 2011 10:38 PM #6

    Hi BrazilNuts!

    If anyone wants a heads up on what to expect from the Apple online store tomorrow, it’s now tomorrow in Spain and here’s what Apple in Spain is offering:

    http://store.apple.com/es/browse/holiday/shopping_event

         
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    Posted: 24 November 2011 10:47 PM #7

    Prazan - 25 November 2011 02:38 AM

    Hi BrazilNuts!

    If anyone wants a heads up on what to expect from the Apple online store tomorrow, it’s now tomorrow in Spain and here’s what Apple in Spain is offering:

    http://store.apple.com/es/browse/holiday/shopping_event

    Happy Holidays Prazan!

         
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    Posted: 24 November 2011 10:51 PM #8

    BrazilNuts - 25 November 2011 02:47 AM
    Prazan - 25 November 2011 02:38 AM

    Hi BrazilNuts!

    If anyone wants a heads up on what to expect from the Apple online store tomorrow, it’s now tomorrow in Spain and here’s what Apple in Spain is offering:

    http://store.apple.com/es/browse/holiday/shopping_event

    Happy Holidays Prazan!

    After many years in Europe I forgot how to celebrate Thanksgiving, which a Czech friend of mine called “The Big Chicken Day,” turkeys being unknown in that part of the world. So happy The Big Chicken Day to you!

         
  • Posted: 25 November 2011 01:29 AM #9

    Friday

    R4       396.78
      midpoint   392.30
    R3       387.82
      midpoint   383.34
    R2       378.86
      midpoint   375.90
    R1       372.93
      midpoint   371.42
    PP       369.90
      midpoint   366.94
    S1       363.97
      midpoint   362.46
    S2       360.94
      midpoint   356.46
    S3       351.98
      midpoint   347.50
    S4       343.02

         
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    Posted: 25 November 2011 06:02 AM #10

    Eurogeddon cometh.

    http://www.telegraph.co.uk/finance/comment/jeremy-warner/8913884/Death-of-a-currency-as-eurogeddon-approaches.html

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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: 25 November 2011 07:32 AM #11

    And following up on our treat for today, Italy sold 8 billion euros of six-month bills at 6.504%, up from 3.52% in October. Two-year debt worth 2 billion euros were also sold at a yield of 7.81%.

    The statement from the three European leaders yesterday on the independence of the European Central Bank was misunderstood at first. Midia wanted some type of action, Central Bank intervention or whatever. The reading should be a conservative statement defending the currency and vowing against inflation.

    They should be acting soon and December 6 is one of the deadlines. There will be should be some sort of quantitative easing and TARP European way. There is too much at stake too just let go.

    Markets are oversold and may get more oversold. Nevertheless expect an oversold bounce soon.

         
  • Posted: 25 November 2011 07:37 AM #12

    When is the next German Bond auction?  Anyone know the date?

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    Keep Calm and Carry On

         
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    Posted: 25 November 2011 08:41 AM #13

    Phoebear611 - 25 November 2011 11:37 AM

    When is the next German Bond auction?  Anyone know the date?

    Good morning, it is scheduled for Dec 5, one day before the European Summit. A full calendar of European bond auctions at Zerohedge

         
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    Posted: 25 November 2011 09:46 AM #14

    AAPL started today on the pre pre-market at $363.9 very close to the 200-day simple moving average at $363.85. Now at $367.30 up 0.14%. Maybe the stock starts to stabilize after Black Friday.

    Just reminding today low volume, high volatility, whipsaws and cross currents probable and half session. Even though stocks are very oversold, would not count on today?s action for longs or shorts.

    Futures showing the DJI losing -49 point down -0.44%, S&P 500 at 2147 down -0.62%, reaching a low of 1147.50 and high at 1160.80. Nasdaq 100 at 214625 down -0.51%. Euro at 1.3230 down -0.81% and USDX at 79.74 up 0.49%. Gold down to $1678.50 losing -1% and Crude Oil at $95.32 down -1.76%.

    Flight to safety.

         
  • Posted: 25 November 2011 10:25 AM #15

    Just about to open and AAPL up over 3. I’ve noticed that Apple really only starts to pick a direction AH in the few minutes before the open. The momentum minutes before open seems to be a good indicator of the stock direction that day. i.e. we could be up 5 all morning premarket and it would start deopping like a rock a few minutes before open, and sure enough we have a down day. Perhaps the low volume doesn’t allow big players to work without moving the stock and tipping their hand. Nothing scientific here, just an observation.