Prognightmare said:
Glad I didn't play SFIX earnings. You can'tdisappointwin earning plays at all in this type of market.
FIFY. bad earnings, stock goes down. great earnings, stock goes down.
Prognightmare said:
Glad I didn't play SFIX earnings. You can'tdisappointwin earning plays at all in this type of market.
That's accurate, especially with the stocks we all favor.cjo03 said:Prognightmare said:
Glad I didn't play SFIX earnings. You can'tdisappointwin earning plays at all in this type of market.
FIFY. bad earnings, stock goes down. great earnings, stock goes down.
Prognightmare said:I think AAPL will enter this range over the next few days. I want $112 but will begin buying shares in that range.Prognightmare said:I'll take $112-115 for entryFbgTxAg said:
Ok, at this point all we can do is laugh - Can we place bets on the bottom for fruit stock? There's no F'ng way it can get below $130, right? This thing has to bounce pretty soon....
I'm calling the bottom $130. And I'm calling $170+ by the end of April.
Sector rotation and an overreaction to the rise of the 10 yr treasury. IMO, if you're in AAPL or other techs that were performing a month ago, now isn't the time to sell them. The stocks that benefitted from the rotation are becoming extended. The fed isn't raising rates anytime soon so I expect a rotation back into tech shortly.agdaddy04 said:Prognightmare said:I think AAPL will enter this range over the next few days. I want $112 but will begin buying shares in that range.Prognightmare said:I'll take $112-115 for entryFbgTxAg said:
Ok, at this point all we can do is laugh - Can we place bets on the bottom for fruit stock? There's no F'ng way it can get below $130, right? This thing has to bounce pretty soon....
I'm calling the bottom $130. And I'm calling $170+ by the end of April.
What is driving it down that low?
Prognightmare said:Sector rotation and an overreaction to the rise of the 10 yr treasury. IMO, if you're in AAPL or other techs that were performing a month ago, now isn't the time to sell them. The stocks that benefitted from the rotation are becoming extended. The fed isn't raising rates anytime soon so I expect a rotation back into tech shortly.agdaddy04 said:Prognightmare said:I think AAPL will enter this range over the next few days. I want $112 but will begin buying shares in that range.Prognightmare said:I'll take $112-115 for entryFbgTxAg said:
Ok, at this point all we can do is laugh - Can we place bets on the bottom for fruit stock? There's no F'ng way it can get below $130, right? This thing has to bounce pretty soon....
I'm calling the bottom $130. And I'm calling $170+ by the end of April.
What is driving it down that low?
cageybee77 said:
Re AAPL: I'm holding out for 110, and would want to see some deceleration in its decline. Prolly too much to ask.
I bought 1 tranch today at $117.Prognightmare said:cageybee77 said:
Re AAPL: I'm holding out for 110, and would want to see some deceleration in its decline. Prolly too much to ask.
Nobody knows exactly what price a stock is going print but I believe it enters the range I mentioned a few weeks ago and I'm comfortable taking positions there. We have capitulation on the nasdaq, you might get AAPL below $100. $100-$120, you'll be happy in a few months.
Slight gap up tomorrow to open...followed by a little pullback then back up?$30,000 Millionaire said:
I think holding 3820 was important.
That's more indicative that we haven't found a bottom. It would be better to open up down huge, but recover during the trading session.FJ43 said:Slight gap up tomorrow to open...followed by a little pullback then back up?$30,000 Millionaire said:
I think holding 3820 was important.
$30,000 Millionaire said:
can someone explain the chart McInnis posted? These companies aren't apples to apples, so I'm failing to understand what conclusion to draw for something on the left vs. right.
Who knows but I'm sure they have something in the pipeline. AAPL is sitting on about 300 Billion in cash and almost every mutual fund, ETF and pension plan own/buys it. I'm not looking to own this forever, but it's probably good for a 50%+ return from these levels within a year.Ragoo said:
What is Apple's growth story the next few years? I think the roll out is more about chasing yield versus growth.
I think we'll retest the past few days lows at some point but not convinced we're headed lower yet. SPY anyway. Qs....well not so sure.Prognightmare said:That's more indicative that we haven't found a bottom. It would be better to open up down huge, but recover during the trading session.FJ43 said:Slight gap up tomorrow to open...followed by a little pullback then back up?$30,000 Millionaire said:
I think holding 3820 was important.
McInnis 03 said:$30,000 Millionaire said:
can someone explain the chart McInnis posted? These companies aren't apples to apples, so I'm failing to understand what conclusion to draw for something on the left vs. right.
Nailed it
what I cannot wrap my head around is all of these institutions buying AAPL yet there are more sellers willing to lower their ask to get their sell orders filled.Prognightmare said:Who knows but I'm sure they have something in the pipeline. AAPL is sitting on about 300 Billion in cash and almost every mutual fund, ETF and pension plan own/buys it. I'm not looking to own this forever, but it's probably good for a 50%+ return from these levels within a year.Ragoo said:
What is Apple's growth story the next few years? I think the roll out is more about chasing yield versus growth.
This!Prognightmare said:
Not saying you're wrong, but capitulation and fear occur more often at the end of corrections. I'd like to see more fear and retail investors swearing that they'll never buy stocks again. That's usually closer to the bottom.