Update: With AAPL shrugging off the Jobs news and the markets shrugging off the Fed news, barring anything disastrous out of Europe over the weekend this rally off of today’s morning lows could have some legs…..AAPL fairly …
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Buffett and AAPL really just sent the financial press into a tizzy…..who to cover? Jobs, Bernanke or Buffett? Well I know what I am gonna focus on……Bernanke. But first just a quick comment on AAPL, …
Continue readingFrankly, I don’t have much to add on the whole Jobs thing. My sense is that AAPL‘s Board and most C-level executives there have been preparing for this moment for some time, while keeping their …
Continue readingI assume this is health related, which is sad. Steve Jobs’ Resignation Letter, via Techcrunch: To the Apple Board of Directors and the Apple Community: I have always said if there ever came a day …
Continue readingUpdate Aug 17, 2011: I suggested this trade when the market was at the lows of the sell-off, and I didn’t exactly want to be a hero by buying the stock at $355 in front …
Continue readingAAPL is just one of those stocks that everyone wants to own whether it is making all time highs at 400, or falling 3% a day in the wake of the market turmoil over the …
Continue readingBoth the Nasdaq Comp and the SPX are down about 9% from last month’s highs, but the SPX lags down about 2.75% ytd vs the Nasdaq only down 1.64% Chart below shows this relative performance …
Continue readingWell…..the SPX broke 1250 this morning and AAPL followed suit trading as low as $382, problem is it didn’t stay there. I was thinking about selling out of half this position down there when the Put …
Continue readingAAPL ($396) The stock has shown amazing relative strength in the last week as the market has been volatile around the debt ceiling debate. In the last 7 trading days AAPL is up small vs …
Continue readingOk, the title might have been a little alarmist, but let’s be honest our elected officials in Washington are cause for alarm.
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