Apple stock historically bottoms out at higher earnings yields In last 20 years, apple stock has 'bottomed' out at earning yields in the 6-10% range. However, in the past it was a smaller company with a high growth rate potential. Current earnings yields on apple are in the 4% range and now its a near 3 trillion dollar company. I dont know if thats an apples to apples comparison ;) NASDAQ:AAPL QQQ MSFT
Apple
Earnings Yields aren't reflecting risk vs treasury yields Stocks at current prices are not compensation investors for potential risk, especially now that growth may be reduced and yields are more competitive. There is not enough risk premium for the large cap leaders. You deserver better!
AAPL MSFT GOOG META TSLA AMZN QQQ SPY DIA
APPLE ON THE RISE (NEW)APPL remains in the downtrend however on 27 of October Apple is going to announce their earnings report which is expected to be positive therefore we expect the price to break above the downsloping resistance line and then pump towards our targets.
MACD has a bullish crossover which is also a point for bulls. More positive momentum is expected to appear.
How to trade:
take a long position if / when the price breaks above the downsloping trendline. You can wait for a retest of the trendline as a support which would be a confirmation of the potential short' term reversal.
Final target and take profit level are shown in the chart
good luck!
🟢 AAPL - 3D (06.10.2022)🟢 AAPL
TF: 3D
Side: Long
SL: $137.69
TP 1: $152.38
TP 2: $156.92
TP 3: $161.46
Apple should show some growth in the coming weeks with the support of the 200D EMA.
RSI and MACD look like they could support the movement. 1M time frame also looks good to make way for the growth.
InvestMate|🍎Apple's time to shine🍎🍎Apple's time to shine🍎
🍎 The week of third quarter financial results is upon us. On 27 October, we will find out how Apple's reports stack up.
🍎 The tech industry is already thundering about the desire to cut jobs. Apple is one of those companies that eschews these rumours, definitely standing out from its Silicon Valley competitors. Instead, there are reports that Apple is reducing production of its flagship smartphones.
🍎 From a technical point of view, things are looking very good for Apple.
🍎 It is one of the few companies that has not broken through the new lows set in June at $129 per share.
🍎 We have seen a big slide in price over the last 2 months. We then fell to a double bottom and last week the massive buying of shares started.
🍎For the last 2 weeks we have seen a rise of 10%
🍎We have broken out of a strong support zone.
🍎 Looking from a technical point of view, the way to the 156-160 level seems open.
🍎 Looking at the Fibonacci measures in the zone between 160-162, we have created an interesting cluster of levels that the price will have to reach if we are talking about growth and good performance of the company. It will be an increase of almost 9%
🍎There are two options for position management here, one risky with a stop at $140 per share and the other safe with a stop at levels of 137.5
🍎 With a take profit level at $160 per share.
🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
AAPL: Time to buy!Today, AAPL just released its newest Q3 earnings report, beating both expectations for earnings and revenue. The company reported 1.29 earnings per share, compared to the prediction of 1.269 by analysts, and reported 90.14 Bil of revenue, beating expectations of 88.74 Bil. Although there was less growth in IPhone sales, all other aspects of the company look quite optimistic. In the face of a wave of earnings compression, Apple is doing surprising well. Now, I consider myself to be an investor and not a trader, but in order to fine-tune my entry, technicals are needed. As Apple's stock price just hit support at ~$145, boosted by positive earnings, we could see a buying wave in the next few months or so.
Boost this idea for it to reach other investors!
AAPL Apple Inc Options Ahead Of Earnings If you haven`t sold after the exposure to China and Russia article:
Then you should know that looking at the AAPL Apple Inc options chain, i would buy the $150 strike price Calls with
2022-10-28 expiration date for about
$2.85 premium.
Looking forward to read your opinion about it.
SPY to New LowsMarket Makers are selling off large caps and shifting funds into Indexes in order to hold the market up for a complete exit on large caps since they'll be hit the hardest by a crash event and another rate hike. Apple earnings are today after hours, and appear to be the last decider for this earnings weak, amazon and apple both hold the largest weight for SPY. Meta down, Microsoft down, Tesla down, Google down, Apple & Amazon are Spy's last hope, and based on not going against the trend, I'd assume these two giants do like Meta, Google, Microsoft, & Tesla. Slight chance this gets manipulated since apple is the largest holding of a lot of investors but I believe they must be exiting apple shares while pumping the indexes to maximize the exit position.
GDP was higher than expected, which can add fuel to the fire of another rate hike that can tank the market further down, US Dollar needs to go up from here, very overextended to be honest, and could lead to a ripple effect, a huge parabolic sell off.
Apple - All eyes on the Apple earnings tonightAfter some other companies have already reported their earnings for the 3rd quarter of 2022, today, eyes are on Apple Inc. as it is poised to announce its own results after the market close. We do not know what the reaction will be; however, we do not think it really matters as the broad market is failing to deliver expectations. We believe it is just a matter of time until something breaks in the stock market, and with the FED decision coming out next Tuesday, that event might be around the corner. For that reason, we stay on the sidelines, as we outlined about two weeks ago, waiting for the right opportunity to get back into a short position.
Illustration 1.01
Illustration 1.01 shows the daily chart of Apple stock. It bears a resemblance to the MSFT chart before the drop (after the earnings report). We would not be surprised to see Apple show a similar reaction to the earnings release. Therefore, we voice a word of caution to investors.
Technical analysis - daily time frame
RSI and Stochastic are bullish. MACD is also bullish but stays in the bearish area. DM+ and DM- are neutral. Overall, the daily time frame is slightly bullish.
Illustration 1.02
The image above shows the daily chart of Microsoft stock.
Technical analysis - weekly time frame
RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Apple: App, App and Away?! 🍏Surely, it has been a roguh ride for the Apple stock but things start to look rosy. Our primary expectation centres around a continued lift-off, so that the support at $133.20 will be further left behind. The most important step will, however, be to overcome the red zone between $159.74 - $171.30, as the bears have a 40% chance to pull the price to new lows from there.
APPL Update 10/25/2022Right side: Day timeframe
Left Side: Week timeframe
Main point of the idea:
We have had 2 great starts to the market right above the 142.65 mark. Two days later, we started the day candle above 146.28 (the Day 200). With that in mind, the buy up was not surprising at all. As I always say, I am mainly concerned about where we start the trading day/candle.
The issue now is that we are back to where the actual resistance is (151.82-153.46. So there is a much greater chance for things to get sold back down. In other words, we are at the take profit spot.
A day candle starting back under 149.70 will most likely be a bad sign. Starting under 151.60 will look bad as well. But we will see.
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I will put out a video tomorrow. Its been tough not being somewhere I get both internet and amazing speeds. I am currently doing this by using my phone as a hotspot.
Sorry I have been away, the internet isn't up yet, but I should be able to upload a video tomorrow.
Where I am at has no internet, the family member I am taking care of has no internet and my other nearby family member had upload speeds of 3mbps.
For reference, before I came up to NY, I had 380 download and ~200-300 upload, so the 20 minute videos (~700MB/5600Mb) didn't take long at all to upload to TradingView. An actual progress bar would be nice as well so I know if my upload is even still going.
AAPL - Short PositionWhen looking at AAPL current underlying value and most recent price behaviour when using a 2-hour range, investors can see a shooting star bar formation. Underlying price movements of AAPL witnessed a loss of its initial gains in this instance, the shooting star formation shows a bareish correction after a failed attempt to keep underlying stock prices higher.
When observing 50 and 100 day ranged EMA averages investors can see that on the 29/08/22 – 30/08/22 shorter 50-day EMA moving average crossed beneath the longer 100-day EMA moving average. This dead cross was followed by a strong down trend, underlying prices falling 5%.
This was after bullish rallies that were witnessed since July. On 06/07/22 shorter 50-day EMA moving average crossed above longer 100-day EMA moving average. This fresh bullish crossover was followed by a rally that saw the underlying share value to increase over 20%. Currently EMA moving average lines are not moving back towards one another, instead they are moving parallel in a different trajectory. This was after the rejection of bullish momentum. Therefore, the down trend is more likely to strengthen before corrections occur.
Based on EMA moving averages and candlestick patterns and behaviour we are bareish in sentiment. We anticipate that the stock will fall further and have taken a short position as a result.
These stocks confirm the bottom has not happened yetMonday will determine where we are. I have three theories for now. Most importantly I am not yet convinced the near-term bottom is in because other stocks that have followed the market pretty well have not finished their wave 5 bottoms which would have them notch lows lower than their wave 3 bottoms from June.
The S&P 500 index ended its last long bull run with a top on January 4, 2022. It ended Primary wave 1 with a firm bottom on February 24, 2022 (this is the sell-off on the first day of Russia-Ukraine conflict). Primary wave 2 topped on March 29, 2022. Primary wave 3 bottomed on June 17, 2022. Primary wave 4 topped on August 16, 2022, while nearly touching the top trendline which began on January 4 and ran to March 29.Multiple stocks, especially those in the NASDAQ began the bear market earlier in the fourth quarter of 2021.
Amazon ( AMZN ) is one of these stocks. The stock had an all-time high July 13, 2021; however, this was likely a wave 3 top from the prior waves instead of the beginning of its own bear market. This was confirmed when Amazon’s lows in May and June 2022 flashed wave 3 signals instead of cementing a wave 5 base and market bottom. Therefore, Amazon began its decline with a top on November 19, 2021. It finished wave 1on March 8, 2022, wave 2 on March 29, 2022, wave 3 on May 24, 2022, wave 4 on August 16, 2022. Amazon began its waves early but achieved market reversals for waves 2 and 4 while bottoming with the market around June 17. If unsure about the index, this stock can also hold clues as it is yet to drop below its wave 3 bottom.
Next stock is Target ( TGT ). The stock presented the wave 3 peak from its last bull run on August 11, 2021; however, it achieved an all-time high on November 15, 2021. This is where I believe its bear market began. Wave 1 ended February 24, 2022, wave 2 on April 21, 2022, wave 3 on June 30, 2022, and wave 4 on August 16, 2022. This stock matched the wave 1 and 4 reversals while forming a bottom, just not its final on June 17 as well. This stock is trending well with the market. Like AMZN, it is yet to go below its wave 3 bottom and therefore I believe more declines are to come.
Next is Lowes ( LOW ) which is in a slightly different ending position but yet to drop below it’s wave 3 bottom. The Lowes bear market began on December 13, 2021. Wave 1 ended with the market on February 24. Wave 2 ended on March 21. Wave 3 ended on June 22, while achieving a near bottom with the market on June 17. Wave 4 ended on August 17 which is one day behind the market. For now it appears it may be further along in its final wave 5 down, but it is still 12 points above the wave 3 low. The trendlines have not been as helpful from a technical standpoint for this bear market.
Rockwell Automation ( NYSE:ROK ) is another stock moving with the market, however, the trend lines are not producing points of resistance. Wave 1 began December 16, 2021 and ended with the market on February 24, 2022. Wave 2 ended with the market on March 29, 2022. Wave 3 ended days after the market on June 22, 2022. Wave 4 ended with the market on August 16. This stock has tracked very tightly with the index, and if this remains true I currently have ROK around Minor wave 2 in Intermediate wave 5. This is more apparent than the current movement in the index, however, it can be used to indicate what lies ahead for the market.
Old Dominion ( ODFL ) is next with the bear market beginning December 7, 2021. Wave 1 ended with the market on February 24, 2022, wave 2 on March 18, wave 3 ended on May 19, but did find another market low on June 17 with the market. Wave 4 ended on August 11 and the stock is currently around Intermediate wave 5 preparing for its final bottom.
Another high volume darling with earnings this week is Apple ( AAPL ). It began the bear market with the index on January 4, 2022. Wave 1 ended slightly later on March 14, but it also shared a major bottom on February 24 with the market. Wave 2 ended on March 30, wave 3 ended June 16, 2022, and wave 4 ended on August 17. The last three reversals for Apple occurred one day after the market, so this is something to consider moving forward. A drop to the wave 3 bottom requires a minimum 20 point loss from Friday’s close. This stock has quite a bit of ground to lose and the stock trends up prior to earnings. An earnings call bomb is the quickest way for Apple to retake the June lows.
The S&P 500 has gone below the Primary wave 3 bottom so technically it does not have to go lower than it did on October 13. I am using the stocks mentioned here to determine when the index has bottomed as I do not believe it has occurred yet. Tomorrow will be big for the index. The current chart has us possibly still in Intermediate wave 4, and it would likely be near the Minor C wave. The trendlines for SPX have held well and there is not much before that line is met. This only leaves room for the near-term top to happen no later than tomorrow. For this entire analysis to hold true, we should have an overall down week. Big earnings start coming out by mid-week to include some of the stocks mentioned here. I will map out the sub waves once I know where we are in Intermediate wave 5. Earliest models would have Intermediate 5 lasting 11 days IF we ended Minor wave 2 on Friday. If we are not in Intermediate wave 5 yet, the length could be around 15 days long.
Upcoming catalysts besides earnings are the Fed the first week in November and the U.S. elections the second week of November.
we are at a crossroads maybe there is hopeone mans hopium is anothers forever market. the time to start averaging into large caps may have passed. this big tech stock might lead the market higher as has happened every time pointed out here around this recent year low. the price is around sss demand which is still green, and were getting near that year low anchored vwap and the bottom of envelope. finding a higher daily low might be near even if we dont end up breaking the weekly high. sell if we break pivot, lower horizontal or resist from upper. buy if we support pivot or lower horizontal or break upper.
The Big Apple Goes Rotten?I've been following Apple over the last 6 months and I can't help but shake the feeling this ascending broadening wedge "could" end up playing out. I know it's incredibly popular to be bearish now, which is usually a sign for me to put on the contrarian hat, but I still see this a decent probablity.
SELL NASDAQ - BACK TO NORMAL BELOW 11kMost of Q3 stocks earning so far are green, maybe last positive earnings report if FED didn't cut interest rate, but food and energy crisis will drive prices higher and there will be no chance to decrease inflation other than rising interest rates to lower demand and so prices.
At this point, DXY strength will continue and US equities will bleed especially in tech sector.
Elon Musk Predicts 4 trillion market cap for TESLA stock Elon Musk the story teller is predicting that one day in the future Tesla will be bigger than Apple and Saudi Aramco combined. Apple and Saudi Aramco currently are valued around 4.4 trillion dollars while tesla is approximately 690 billion. TESLA AAPL SPY
APPLE - BULLISH SCENARIONASDAQ:AAPL has a "high" Earnings Quality Ranking for the 36th consecutive week. Earnings quality refers to the extent to which current earnings predict future earnings. NASDAQ:AAPL Introduces Next-Generation iPad Pro, Supercharged by the M2 Chip on the 18th, and the news was reflected in trend reversal formation on the chart.
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