Official Apple Stock Discussion Thread (NASDAQ: AAPL)

reddevil0728

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i believe corrections are coming for US markets. dun rush in to catch falling knives. buy for long term.

I think that has been the talk since last year... who knows how long it will take.

Time in market is more important than timing the market
 

reddevil0728

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Hi reddevil, why would u consider it as a bond? Cos of potential long term growth? I'm vested.

I said “bond”.

Cause it’s like an old man.

Slow and steady. And dividend paying and also share buyback
 

twosix

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https://www.businesstimes.com.sg/stocks/us-dow-ends-ugly-session-2-lower-gamestop-surges

[NEW YORK] Wall Street stocks concluded a bad week with another volatile session Friday as the buying frenzy over GameStop and some other equities resumed amid stepped-up scrutiny from regulators.

The Dow Jones Industrial Average ended down 2 per cent at 29,982.62.

The broad-based S&P 500 fell 1.9 per cent to 3,714.24, while the tech-rich Nasdaq Composite Index tumbled 2 per cent to 13,070.69.

Analysts said there were factors besides the drama around GameStop in the pullback on Friday and earlier in the week.

These include concerns over lofty equity valuations given the economic weakness caused by Covid-19. Investors are also worried US fiscal stimulus may lag market expectations after President Joe Biden's US$1.9 trillion package garnered a skeptical reception in Congress.

But much of the focus landed on questions over GameStop, which soared nearly 70 per cent after Robinhood and other trading platforms lifted restrictions on trading the equities.

Shares of GameStop, AMC Entertainment and others have been on a tear much of the week as investors organised over Reddit targeted the equities to combat hedge fund short-sellers who were betting on lower prices.

"This is all a de-risking event by hedge funds, because of the loss that they have taken from the stocks like GameStop," said Karl Haeling of LBBW.

"These hedge funds are facing billions of dollars of losses and they had to go and sell stocks where they had profits and long positions. They have to sell them off to cover their losses."

Among other companies, Johnson & Johnson fell 3.6 per cent after announcing its Covid-19 vaccine has an overall efficacy of 66 per cent, with 85 per cent effectiveness in preventing severe Covid-19 across all geographical regions, but only 57 per cent success rate in combatting a variant discovered in South Africa.

The J&J vaccine has been eagerly anticipated because it requires only one shot, in contrast to other options now on the market.

Chevron fell 4.3 per cent after reporting a US$665 million fourth-quarter loss, taking its annual loss to US$5.5 billion amid a big drop in oil prices.

AFP
 

reddevil0728

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https://www.businesstimes.com.sg/stocks/us-dow-ends-ugly-session-2-lower-gamestop-surges

[NEW YORK] Wall Street stocks concluded a bad week with another volatile session Friday as the buying frenzy over GameStop and some other equities resumed amid stepped-up scrutiny from regulators.

The Dow Jones Industrial Average ended down 2 per cent at 29,982.62.

The broad-based S&P 500 fell 1.9 per cent to 3,714.24, while the tech-rich Nasdaq Composite Index tumbled 2 per cent to 13,070.69.

Analysts said there were factors besides the drama around GameStop in the pullback on Friday and earlier in the week.

These include concerns over lofty equity valuations given the economic weakness caused by Covid-19. Investors are also worried US fiscal stimulus may lag market expectations after President Joe Biden's US$1.9 trillion package garnered a skeptical reception in Congress.

But much of the focus landed on questions over GameStop, which soared nearly 70 per cent after Robinhood and other trading platforms lifted restrictions on trading the equities.

Shares of GameStop, AMC Entertainment and others have been on a tear much of the week as investors organised over Reddit targeted the equities to combat hedge fund short-sellers who were betting on lower prices.

"This is all a de-risking event by hedge funds, because of the loss that they have taken from the stocks like GameStop," said Karl Haeling of LBBW.

"These hedge funds are facing billions of dollars of losses and they had to go and sell stocks where they had profits and long positions. They have to sell them off to cover their losses."

Among other companies, Johnson & Johnson fell 3.6 per cent after announcing its Covid-19 vaccine has an overall efficacy of 66 per cent, with 85 per cent effectiveness in preventing severe Covid-19 across all geographical regions, but only 57 per cent success rate in combatting a variant discovered in South Africa.

The J&J vaccine has been eagerly anticipated because it requires only one shot, in contrast to other options now on the market.

Chevron fell 4.3 per cent after reporting a US$665 million fourth-quarter loss, taking its annual loss to US$5.5 billion amid a big drop in oil prices.

AFP
good time to add more i guess?
 

_dXter

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Stock at discount, if sp500 hold the 3600 line, else will discount some more.
 

5408854088

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https://www.investing.com/analysis/...ets-open-penn-national-gaming-apple-200557620
 

OngHuatHuat

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Dunno, this stock keep going up, I am actually buying at higher and higher price despite of I always buy at dip each month. Dunno if my strategy is right, I think I should just one shot buy many, but the price is not low enough for me to do so.


low means what price ah?
 
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I actually sold this stock this week as I couldnt see any major upside in the near term. Apple glasses, car etc are still some time away and the M1 chip and product upgrades are probably all baked in already. Will buy back if there’s any major correction.
 
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