Call the Open/Close

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    Posted: 24 January 2012 10:43 AM #16

    Here’s the real challenge:  Call the closing price for tomorrow Jan 25!

    Jan 25 -> $435

         
  • Posted: 24 January 2012 10:44 AM #17

    Today’s close… 429.15

    I’ve noticed I’m much more accurate at predicting yesterday’s close today than tomorrow’s close today. I wonder if there is something tradeable in that…

         
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    Posted: 24 January 2012 10:49 AM #18

    snoozzzer - 24 January 2012 02:44 PM

    Today’s close… 429.15

    I’ve noticed I’m much more accurate at predicting yesterday’s close today than tomorrow’s close today. I wonder if there is something tradeable in that…

    Definitely tradable.  All you have to do is tighten your prediction algorithm and bring in the prediction by one day or even better two days.

         
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    Posted: 24 January 2012 10:53 AM #19

    $428.50.  I expect a AAPL to rally into the close as insiders get the earnings # ahead of the masses.

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  • Posted: 24 January 2012 11:01 AM #20

    blaze biscuits - 20 January 2012 07:19 PM
    Mav - 20 January 2012 07:06 PM

    422.

    10 point range for the week?  Not that bad.

    I’m not a buyer right now, though.

    I bought a couple 445/460’s, of which I will sell at least 1/2 right before earnings. It would be nice if they doubled so I can get a free ride through earnings, but I suspect a 50% gain.

    That’s the current plan at least

    I like it.  You got those real cheap and can buy back the $460s if AAPL has trouble breathing up there (making a profit), or, if AApL is breathing easily hold for an even greater gain.

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  • Posted: 24 January 2012 11:03 AM #21

    I’m going to go out on a limb here and forecast that at 4:00 PM EST the markets are going to Close.

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  • Posted: 24 January 2012 02:32 PM #22

    I think we’ll keep these sell-off levels.  Close around $423.  The good news is that this takes off some pressure to sell into earnings before close.

         
  • Posted: 24 January 2012 02:57 PM #23

    $417.28. The fix is in.

         
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    Posted: 24 January 2012 07:29 PM #24

    Nevyn - 24 January 2012 02:43 PM

    Here’s the real challenge:  Call the closing price for tomorrow Jan 25!

    Jan 25 -> $435

    450. smile

         
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    Posted: 24 January 2012 07:34 PM #25

    I agree with 450.  Where we go from tomorrow, I don’t know.  But I’ll start setting up for 460-470.

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

         
  • Posted: 25 January 2012 09:54 AM #26

    Okay what about today????

         
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    Posted: 25 January 2012 11:47 AM #27

    fas550 - 25 January 2012 01:54 PM

    Okay what about today????

    Based on how cheap we are trading now at ~446.xx I wouldn’t be surprised if we saw 456-ish later today before settling for 452.24 at the bell wink

         
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    Posted: 25 January 2012 12:15 PM #28

    440-445?  That’s OK, we’ll have a bunch of sellers today and maybe throughout the next few weeks as the traders, non-traders, fund managers, etc. reevaluate their portfolios.

    Absent the ever-present macro factors which we always have to watch for, you have to feel pretty good about a company that just raised its ttm trailing value by almost 27% overnight, where the stock price moved only 6%.  And if the company keeps growing earnings at a 70-100% clip, the market will have a very difficult time finding reasons to drive the price down very far for very long.  AAPL is crushing its peers with results that AMZN should be getting, with a valuation that a 15-20% growth stock should be getting.

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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: 25 January 2012 12:19 PM #29

    Mav - 25 January 2012 04:15 PM

    ..., where the stock price moved only 6%.

    ...and (as of now) only 4.3% since high of last week!

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  • Posted: 25 January 2012 12:23 PM #30

    Mav - 25 January 2012 04:15 PM

    440-445?  That’s OK, we’ll have a bunch of sellers today and maybe throughout the next few weeks as the traders, non-traders, fund managers, etc. reevaluate their portfolios.

    Absent the ever-present macro factors which we always have to watch for, you have to feel pretty good about a company that just raised its ttm trailing value by almost 27% overnight, where the stock price moved only 6%.  And if the company keeps growing earnings at a 70-100% clip, the market will have a very difficult time finding reasons to drive the price down very far for very long.  AAPL is crushing its peers with results that AMZN should be getting, with a valuation that a 15-20% growth stock should be getting.

    +1 Agreed.  Macro factors are likely to come more into focus in the next week.  You’ve got the boondoggle Davos going on, the Greeks still don;t have an agreement and if/when they do the details are probably going to be ugly.  Also AAPL is probably the lead and brightest story of earnings so to an extent it’s downhill sentiment from here.  AMZN is a tempting short BTW.  Especially after TCs comments I believe little will overcome the hit they are likely to get take on margins due to the Fire.  Their earnings is 30 Jan.