i'm lucky i am good about structuring good limits to my losses.. i'm close to break even with my trades related to apples earnings.. did well pre earnings trades.. took a harder hit on the actual event.. nothing significant though.. all and all my loss is less then 200 bucks.. probably not late to the game to get short...
it was easy for retail enthusiasm and a bullish narrative to get held on this one.. just like any other though..
I think there is a good chance we get to 420 which i believe is the next support level...but obviously a chance this get pushed below 400 briefly...i would load up there though for a bounce back to 450-500. Although i would buy call options and not the stock
I knew it was going to be a problem when they announced Iphone 5S coming out so soon. And then I saw all the kids with Samsung and Nexus smartphones at a fraction of the price. I think Samsung Galaxy III was like $50 with contract, and Nexus 4 for under $200 without contract. And if the kids are not begging to get them an Apple, then something is not right. Apple needs Jobs and his marketing genius.
this is a buying oppty here trade only look for 525 Apple phones are fading fast, Samsung is kicking the u know what out of them, plus Chinese clones doing the same I bought some Apple here, good for a trade blackguard
Maybe a good trade idea tomorrow would be an iron condor ?? !!. Leg 1: Sell PUT 440 and Buy PUT 430 Leg 2: Buy Call 490 and sell Call 500 All for Feb or March and not later than that.
Little risky to buy stuff that has a death cross in the daily. Better to let it resolve itself into some bullishness to confirm the death cross as a fake, then jump in, but without that confirm, it's suicidal.
with $140 billion in cash and growing each quarter i think its a good time to buy and average it down if you want to make 50 % in next 3 to 5 years...