fehro wrote:AAPL falling from the tree.. takes out 91-90 range.. measure move = $68 Desecending wedge daily.. = diamond weekly move = $70
really curious to see what happens with the big fruit, if it does not capture your mentioned range...it's one helluva bear trap or big fruit in big trouble...
Wondering if some of the big boys going flat before Friday morning retail report. Usually I am not so hung up on that report but automakers, then Macy's, Nordstrom and now Apple and Boeing all looking bad and The Street outlook is hockey stick recovery in 2nd half. Retail stumble means broken stick, downgrade earnings outlook and presto Market is overpriced.
fehro wrote:AAPL falling from the tree.. takes out 91-90 range.. measure move = $68 Desecending wedge daily.. = diamond weekly move = $70
really curious to see what happens with the big fruit, if it does not capture your mentioned range...it's one helluva bear trap or big fruit in big trouble...
At share prices much lower than here, AAPL dividend rates and cash per share start becoming almost exponential.
classic. as i said back to back straight down days are very very very very rare nowadays. probably the low was in for today.
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Trades with cats wrote:K447 As the hedge funds sell Apple the debt from all the buybacks and dividends does not drop. What percent of revenue is from phone sales?
Apple debt vs. cash is not a negative number, correct?
Cash generation exceeds debt creation rate, IIRC.
I would have to check whether Apple quarterly cash stash continues to increase despite the offset of debt increases.
Edit: Chart from Asymco.com https://twitter.com/asymco
Last edited by K447 on Thu May 12, 2016 2:13 pm, edited 1 time in total.