Apple
- Thread starter kneifl
- Start date
Not sure what you mean? Are you asking me to give you the odds of that happening? :shrug: It's on the table right now and the "hope" of monetary easing is the only reason the stock market has held its gains the last couple of weeks.
IMO...I think it will happen. Weak economic data, downward guidance from companies this past quarter, an unemployment rate that rose to 8.3%, and 46.5 million people on food stamps is reason enough for Benji to hit the "print" button again. If he doesn't ease here, he won't in October as it's too close to the election. So, the next time he could is in December. Either way, more easing is coming.
Want to hear something worse. I invested a lot, and I mean a lot in it when it was $495. It went up to an all time high of $640. Then it went on a free fall dropping to $525. The Facebook stock was having an IPO and people had thought apple got too high. I pulled out most of my money when it was at $540. I should have just left it in, but I didn't. Glad I still made some money but kicking myself now.
With the iPhone 5 coming out and rumors of a smaller iPad and Apple set top TV box (partnering with cable companies) this stock has no where to go but up. In Q4, we always see stocks gain a little bit because of Black Thursday and Christmas. It might go down a bit but I don't see it breaking $600 and it will surely be $700 by the end of the year. Just my two cents.
Good luck,
kneifl
who doesn`t love paying more for food and gas while their wages remain stagnant?....
My wages aren't remaining stagnant. Conversely, they have increased more over the past 3 years than anytime in my career.
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I'm betting on a pull back under 600 before going to 700...look for European headlines to dictate the market in the coming weeks FED meeting in September will set the tone for the remainder of the year. Happy trading :toast:
- Feb 12, 2000
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Always a dangerous statement to hear.
Company is doing great, but that's a scary statement.
Absolutely not. Most of the nation is suffering but I don't have much compassion for most of them. We have jobs open and can't fill them. I guess welfare pays too much.
:lol: ...where are you located?.....the oil business is n`t exactly in the good graces of the current agministration.(you`re obviously an evil s.o.b....
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