Tuesday 9 September 2014

1pm update - time to call me... maybe

Its late summer, and that can only mean one thing... its time for yet another AAPL product launch. A likely iphone6, and maybe an iwatch or an even bigger ipad. Regardless... AAPL stock continues to broadly push higher from the $53s of April 2013.


AAPL, monthly, 7yr


Summary

Suffice to say... AAPL is back over the big $100 threshold... Mr Market would probably like to wash out all those who are trying to short this tech giant.

The April 2013 low of $53.10 now looks a very long way down. I sure don't see anyone suggesting we'll be trading there any time soon... if ever again.
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I suppose you could watch the AAPL cheerleaders on clown finance TV... personally... I find the following...far less annoying.



...back after another late summers walk...
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1.25pm...back :)

AAPL, 5min


Minor moves in the scheme of things..certainly, nothing for the bears to get excited over.