Apple cuts revenue forecast, drops 7.6% in after-hours trading
Will Apple's (AAPL) warning spook stocks tomorrow, Thursday, January 3, to a degree that bad economic news out of China didn't today? After the close in New York Apple CEO Tim Cook dramatically lowered the company's estimates for sales in the December quarter. Apple...
Citigroup lowers its Apple iPhone sales estimates
Shares of Apple (AAPL) haven't done too badly today--up 0.60% at 3:30 p.m. New York time--considering that they got a hard ding from Citigroup today. According to a report from Citigroup, investors can expect a significant reduction in production of the iPhone XS,...
Selling AAPL, FCX, NKTR, PXD, VIX options out of Volatility Portfolio on likelihood of continued downward trend in the market and looming expirations
In November and December I selectively added risk to my Volatility Portfolio in the expectation of a strong seasonal January Effect Rally and the odds of an end of the year bounce that would, temporarily, disrupt the developing bear market. I thought that was a...
Notes You Need for November 26: Argentina, Italy budget, Treasury yields, MGM, Federal Reserve minutes, Salesforce, corporate bonds, BMY, AAPL
In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don't justify a full post. I've decided to start compiling these notes here each day in a kind of running mini blog that I'm calling Notes...
How could Apple be so stupid?
Let's see. You're a company running into serious global headwinds in a maturing (or mature market) that are raising huge doubts about your ability to increase unit sales quarter to quarter for your core product. You: a) Grimly admit that unit sales are stagnant and...
Apple ahead of earnings: What to watch, what to expect
Apple (AAPL) reports earnings for its fiscal fourth quarter (the quarter that ended in September) after the market close in New York tonight. Right now, at 2:30 the shares are down 0.05% to $218.76. I bought the Apple January 18, 2019 calls with a strike price of $225...
For another week when anticipated volatility is running high, here are three volatility plays
The financial markets are expecting another week of volatility almost as severe as last week. The futures market entered last week expecting a move of something like 70 points on the Standard & Poor's 500, according to calculations by Theo Trade. We got almost...
Apple fails to convince Wall Street on growth in hardware revenue at September 12 product announcement
Apple (AAPL) introduced two new models of its top of the line iPhone X, the iPhone Xs and the iPhone Xs Max, plus a new phone, the iPhone XR, an update on the iPhone 7 and iPhone 8, plus a new Series 4 version of its Apple Watch today, September 12. Wall Street, which...
Sector Monday for Sector Monday Week: Streaming media market getting even more competitive, which is bad news for Netflix valuation
Sector Monday is my regular (or occasionally regular) post on the investible trends in a timely sector. I'm filling the first of the two weeks while I'm on break in Sicily (it's nasty work but some has to do it) with a week of Sector Monday posts. Normally these posts...
The two minor–but very important–flaws in Apple’s great quarter
If Apple (AAPL) hadn't climbed to become the first $1 trillion company by market cap, these flaws probably wouldn't be worth talking about. But when investors and traders have driven a stock's valuation up to these levels--in clear anticipation that someone not too...
Saturday Night Quarterback says, For the week ahead expect…
... much less earnings drama now that Facebook (FB), Amazon (AMZN), Netflix (NFLX) and other big tech market leaders have reported. But next week has a bumper crop of earnings reports scheduled with many of them in the important industrial sector where the effects of...Jim’s Stock Alerts
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