Get started

APPL

Nasdaq - Trying to Make Another Run?As the "Trade Deal - Phase One" between the US and China comes into fruition, this piece of news could not have come at a better time for the Nasdaq ($IXIC). With the Nasdaq brushing up against it's Monthly Resistance Level of 7879.50 (Blue Line), in the midst of an uptrend, the news of a Trade Deal between two economic giants may act as a much needed tailwind to push the index higher. Furthermore, as we enter earnings season this week, this could be a seen as a "Wild Card", as many firms will begin to be reporting 2019 Q3 results. This will be a much watched earnings season by investors, which comes after a months of volatility stemming from the US-China trade conflict dealing a blow to the global economic environment, and investor sentiment. The key here is that if earnings surprise to the upside (or are at least not as bad as expected), especially for key tech giants such as $AAPL and $FB, the Nasdaq would get yet another tailwind to push it higher. If not, the index could be weighed down by investors loosing faith at this level and sending the index lower. Nonetheless, the next few days and weeks are going to be a very important test for the Nasdaq.
CME_MINI:NQ1!Long
by EconomicsGlobal
2
Apple - Cashcow is gutted by the butcher!Apple has been following the trading plan very well since the last release in June. The high has been worked off and now the first sell-off of wave A could be completed by reaching the 38.2% return and reaching the 50 EMA (monthly) and 200 SMA (weekly). Therefore, I get off with 50% of my short position and pull the SL to $ 200 and depending on the market reaction in the coming days to 3 weeks, if necessary, also sell the other 50% of the short position. Thumbs up if you like it and follow me if you have earned money.
NASDAQ:AAPL
by StefanBode
1
Analysis of APPLE 7.10.2019The price above 200 MA, indicating a growing trend. The MACD histogram is above the zero lines. The oscillator Force Index is above the zero lines. If the level of resistance is broken, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Long Position • Entry Level: Long Position 228.00 • Take Profit Level: 232.00 (400 pips) If the price rebound from resistance level, you should follow the recommendations below: • Timeframe: H4 • Recommendation: Short Position • Entry Level: Short Position 223.20 • Take Profit Level: 222.00 (120 pips) USDJPY A possible short position in the breakdown of the level 106.60 GOLD A possible short position in the breakdown of the level 1495.00 USDCHF A possible short position in the breakdown of the level 0.9920 EURUSD A possible short position in the breakdown of the level 1.0955 WHY TRADE WITH PAXFOREX? We are one of the fastest growing Forex Brokers in the Market. Trade with PaxForex to get the full Forex Trading experience which is based on... Top Effective Educational Tools For All Types Of Traders The Reliability in all assets in the market Live Multi-language Online Support 24/5
NASDAQ:AAPL
by PaxForex
AAPL, Double Top, While Being ExhaustedFriday's rally across the board pushed the price back to all time high area. There is no doubt that the market participants had reversed their sentiment. Trapped shorts only added the fuel. But buying at this point even more riskier. Double top usually is a pattern that plays first before anything else . Even though we may not see a strong push back some selling should occur. If not then the market communicates an important information that should be taken into consideration. The area above the broken consolidation is a potential playground for future market action. The market is trying to establish a top and then starts to fill in between. Could it go higher? It could. But I think there are many eyes watching and wait for a pull back first and double top may trigger that. The earning season is approaching and the parabolic move ahead of it is unlikely to be sustained. 10/5/2019
NASDAQ:AAPL
by SviCapital
1
Apple Receives $14B Tax Order From EURecently, Apple received an order from the European Union to pay 13 billion euros ($14 billion) in back taxes. And then, the tech giant launched a legal challenge against the 2016 ruling. Moreover, the U.S. company cited that the executing European Commission is using its authority to fight state aid to retrofit changes to national law. In effect, trying to alter the international tax system, and it is starting to create legal uncertainty for businesses. The six-strong delegation to the court, led by Chief Financial Officer Luca Maestri, will have five judges. And they will hear the arguments of both sides, as well as Ireland, Poland, Luxembourg, and the EFTA Surveillance Authority, over two days. Daniel Beard, a lawyer of Apple, stated that the Commission wanted the iPhone maker firm to attribute all of its profits from all its sales outside America. And put it in the two branches in Ireland. “The activities of these two branches in Ireland simply could not be responsible for generating almost all of Apple’s profits outside the Americas,” he said. Apple Vs. EU Furthermore, the Commission cited in its decision about the 0.005% tax rate paid by the main Irish unit of Apple in 2014. However, Beard quickly dismissed the criticism by saying the regulator was just probing for headlines by quoting tiny numbers. As of now, the tech giant pays a global tax rate of 26%. And it is the largest taxpayer around the world. Its payment hits 20 billion euros in U.S. taxes on the same profits that the Commission said should have been taxed in Ireland. Aside from that, Apple expects revenue to hit $61 to 64 billion in its current financial quarter. And for its gross margin, it is anticipating for 37.55 to 38.5% On the other hand, Ireland is also challenging the Commission’s decision.
NASDAQ:AAPL
by Financebroker
Apple & Foxconn Broke Labor Law for iPhonesApple, together with its manufacturing partner, Foxconn violated a Chinese labor rule. The two firms are using too many temporary staff in the world’s largest iPhone factory. In addition to that, the companies confirmed this after a report about them with allegedly harsh working conditions. And these claims were from China Labor Watch, who issued the report before an Apple event on Tuesday to announce new iPhones. The non-profit advocacy group is investigating conditions in Chinese factories. Aside from that, it has found out other alleged labor rights violations by Apple partners in the past. Recently, CLW stated undercover investigators worked in Zhengzhou plant of Foxconn in China. And this includes a person employed for four years. Then, one of the main findings is the Temporary staff, also known as dispatch workers. Also, they made up around 50% of the workforce in August. In the Chinese labor law, it stipulates a maximum of 10%, according to CLW. Apple and Foxconn Side After conducting the investigation, Apple explained that it found the dispatch workers’ percentage exceeding its standards. And as of now, it is working carefully with Foxconn to resolve the matter. Also, Foxconn Technology Group confirmed the violation after an operational review. For years, the supply chain of Apple never stopped facing criticism regarding its poor labor standards. And the firm had encouraged its manufacturing partners to have better factory conditions or risk losing business. But suppliers and assemblers are always attempting to churn out more handsets. Formally called as Hon Hai Precision Industry Co., Foxconn, employed tens of thousands of temporary workers. And they did this to boost production and meet iPhone demand during the key holiday season every year. CLW stated in its report, “Our recent findings on working at Zhengzhou Foxconn highlights several issues.” And these “are in violation of Apple’s own code of conduct.” It also added that Apple has the power to make fundamental improvements to the working conditions along its supply chain. However, it is currently transferring costs from the trade war through its suppliers to workers and profiting from the exploitation of Chinese workers. More stock news
NASDAQ:AAPL
by Financebroker
New Age for Apple: Verification of third-party iPhone repair stoSometimes, new and shiny iPhones, to the dismay of their owners, fall down and break, other days, old but sturdy ones need repairing. As we all know, getting your iPhone mended takes an exceptional effort. The main reason is you have to search for a place where you can repair it. Sometimes, the official iPhone parts cost as much as the new phone itself. Sometimes broken iPads and tabs require to be sent back to Apple. It takes time to ship them to states around the world. This inconvenience motivates buyers to search for other available and budget-friendly options. We have great news for iPhone users around the world! Recently, Apple has announced it will begin verifying third-party repair stores. This decision will widen the number of places that can fix a broken iPhone. The company has announced it will offer third parties the same “authentic parts, tools, repair manuals and diagnostics” as Apple Authorized Service Providers. This means that any verified and approved store will be able to offer battery and iPhone screen repair. Apple COO Jeff Williams stated that the act will permit small repair stores to get the same tools and gear as authorized repair stores. In addition, this will improve confidence that users are getting a trustworthy service without going to an official Apple store. Although, certification is free. The program is also free to join, as long as businesses employ an “Apple-certified” technician. Apple has been running a quiet pilot test with a handful of indie stores across the world, who are receiving genuine parts for use. The Company claims that third parties can source parts and tools for the same price as current Authorized Service Providers. Apple’s certification is an expensive option that not all repair stores can obtain. Apple has been working on a collaboration with these third party kiosks to ensure that iPhone users will be able to get same-day repairs. Not so long ago Apple cut the price of their battery replacements to $29. This caused is a spike in people opting to replace their phone batteries. 11 million people paid for a replacement, during the discount period. Usually, the amount was up to two million. What is the main reason behind this move? For years, Apple has been receiving quite a harsh backlash for not handling iPhone repairs properly. Eventually expanding the repair program was a long-overdue move. Apple has tried to discourage the users of third-party repairs by making iPhones less functional after they have been fixed or restored. Third-party repair stores Apple is often talking about its green policies and the importance of corporative environmental responsibility. Therefore, the simple fact that it would not allow basic iPhone repairs was hypocritical. Replacing the battery of an otherwise perfectly serviceable iPhone is so much better for the environment and the planet than buying a new iPhone X and discarding the old one. The decision Apple made by loosening up its policies is so much better for its image. Allowing third parties to fix common iPhone issues is a very good start. Especially if it results in lower prices and longer-lasting devices, which has often been the main issue with iPhones. We will see if Apple hardware, like its laptops and tablets, gets added to the program in the future.
NASDAQ:AAPL
by Financebroker
Should we buy Apple Inc stock at $200 per share? Should we buy Apple Inc stock at $200 per share as of August 2019? Apple #APPL stock supply and demand technical analysis is telling us a different story, we should not be thinking of buying Apple stock and holding it since there is monthly supply that has just gained control. When this kind of imbalance gains control, we expect price to react to it and produce lower timeframe imbalances. A monthly supply imbalance was created last October 2018 around $218 per share. It has taken Apple nine months since that imbalances was initially created last year. That monthly supply level is very strong, Apple Inc dropped like 35% in about three months. Price is up there again and trying to replicate what it did the first time. Ignoring or being unaware of these imbalances will cause you a lot of headache trying to wonder why you are losing your long positions on Apple Inc stock. It has nothing to do with unpredictable Donald Trump's personal battle with China and the billion dollars that is costing both parties, it's as simple as having a very strong supply imbalance created in the monthly chart. Doing this kind longer term supply and demand technical analysis on Apple Inc stock can also help you if you are intraday or short term trader. As a day trader, if you are away of these bigger timeframe imbalances, you could start looking to sell short Apple stock using short term stock strategies and even long put options and spreads.
NASDAQ:AAPL
by AlfonsoMoreno
1