Category Archives: Apple

Apple Bulls Prepare To Defend The Red Zone

The market has spoken. Apple stock has taken out the Christmas Eve low at $146.59 in tonight’s after-hours trading.   Tough to gauge the true conviction until tomorrow’s open. Nevertheless,  the Apple bulls, which includes Mr. Buffett, need to move into … Continue reading

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Letter from Tim Cook to Apple investors

Apple just released this extraordinary guide down in a letter to investors from Tim Cook.  We are now watching for the stock’s reaction.  We suspect it could be ugly or the stock may have priced most of this.  We have and have had … Continue reading

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What are Apple’s core problems? – FT

The iPhone maker has been hit as investors worry over sales and US-China tensions ► Subscribe to FT.com here: http://bit.ly/2GakujT

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Cue “Exit the BREXIT” & Other GMM Victory Laps

Because we get a lot of things wrong in the trading business as nobody knows the future, and every decision to buy or sell is really just a probability adjusted or calculated guess, we thought we would take a victory … Continue reading

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iPhone Inflation Drives Apple Earnings, Again

Apple continues to rely on iPhone inflation for revenue growth as unit sales quarterly year-on-year growth was flat for the 12th consecutive quarter.   The almost 30 percent increase in iPhone revenue is due to price increases. Unit sales growth for … Continue reading

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New iPhone Hands-On Impressions | WIRED

WIRED’s Lauren Goode takes a first look at Apple’s three new phones — the XS, the XS Max, and the XR. Still haven’t subscribed to WIRED on YouTube? ►► http://wrd.cm/15fP7B7

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China’s Raises “The Other Nuclear Option”

We are on our way out to go fishing for the next few weeks but couldn’t let this pass without one last post. The current headline at the Drudge Report linking to a CNBC piece citing the People’s Daily (Chinese government press) … Continue reading

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Inflation Drives Apple Market Cap To One Trillion Dollars

1012 Apple’s market cap hit 1012 dollars today. Impressive but no pom-poms here at Global Macro Monitor.  We would be more impressed if Apple’s main businesses were doing better and the company was more focused on electrical engineering rather than … Continue reading

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Apple Grows Q3 Revs By 17 Percent

Apple out with earnings.  Stock up about 3 percent in after hours. Revenues We note:  1) the 17 percent overall revenue growth, still impressive given the size of the company;  2) looks like no blowback yet on trade with China, … Continue reading

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Stock Bull & Bear Traps Galore

The S&P500 could not hold the 50-day moving average today, setting, yet again, a nice bull trap to hang out the MoMo crowd.  Seeing a lot more traps, both bull and bear,  these days.  It is the result of the … Continue reading

Posted in Algos, Apple, Equities, Technical Analysis, Uncategorized | Tagged , , | 28 Comments