550 might come earlier than September

Just reached the big 500 HOD and gaped up

I also believe $550 by Sep 10; this strong momentum combined by any other new good news could send it flying. Icahn will pump this hard and the media will echo that 2 folds, just look at Netflix and Herbal Life!!

$500 by the end of the week ?

Will stuff like this made the stock dive in the first place not fundamentals, Technical analysis is reading graphs and guessing as well.

Stocks = psychology and econometrics, where public news affect the mindset of investors and day traders capitalize on it.

Carl Icahn ?@Carl_C_Icahn19m
We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.

then

Carl Icahn ?@Carl_C_Icahn17m
Had a nice conversation with Tim Cook today. Discussed my opinion that a larger buyback should be done now. We plan to speak again shortly.

His second tweet made the stocks recover upward a second time after 3 minutes, haha!

Alert extreme Bid/Buying Volume jumped to $484.65 in 90 seconds from 475

3 Apple Good News if you missed it:

1- ITC Import and Sales Ban on certain Samsung Smartphones
2- Apple iPhone 5S is semi confirmed for Sept 10 Event
3- iPhone 5C (cheaper plastic variant for china Mobile and its 7) and 5S demos appear side by side.

Nearly Erasing all last week's decline, good bounce upward.

iPhone 5S hardware dummy appears aside iPhone 5 and iPhone 5C

http://www.slashgear.com/iphone-5s-hardware-dummy-appears-aside-iphone-5-and-iphone-5c-10293440/

New iPhone to be announced September 10 AllthingsD

http://allthingsd.com/20130810/circle-sept-10-on-your-calendar-for-apples-big-iphone-event/?mod=atd_homepage_carousel

ITC bans imports of some Samsung devices pending presidential review

http://www.engadget.com/2013/08/09/itc-bans-samsung-devices/

$490 should be the next barrier to break

optionhoue technical issue notice with the option chain, trading issues in the morning are not cool!

Reached a high of 468 pre market, looks like a very green day due to this good news.

Apple, Inc. iPad is obliterating Samsung, Google's Android in tablet profits

http://appleinsider.com/articles/13/08/03/apple-inc-ipad-is-obliterating-samsung-googles-android-in-tablet-profits

a great read

My prediction hit the price spot!!!

ITC To rule on Banning Samsung sales next week

http://www.pcworld.com/article/2045784/itc-expected-to-rule-on-samsung-sales-ban-next-week.html

The United States International Trade Commission expects to complete its investigation into allegations of patent infringement between Apple and Samsung at the end of next week, it said Thursday.

The dispute has been in front of the ITC since August 2011 and has Apple seeking a ban on the importation and sale of certain Samsung smartphones in the U.S. It alleges infringement of seven patents.


If the Trade Commision decides to Ban Samsung products, AAPL should shoot up big time I would think.

Samsung caught corrupting benchmarks to their favor, dishonesty, games and cheating 101:

http://www.engadget.com/2013/07/30/samsung-benchmarks/

http://www.anandtech.com/show/7187/looking-at-cpugpu-benchmark-optimizations-galaxy-s-4

http://9to5google.com/2013/07/30/samsung-pulls-an-arod-caught-juicing-its-s4-benchmark-results/

About to reach the 455 mark

But it will close above 455 most likely not today.

I think $460; strong momentum going on and an upward reversal trend, plus the RSI still shows oversold, MACD is showing reversal is still going on, Stochastics as well and the exponential and simple moving averages show a strong upward trend in thr short term leading to that number, combine that with strong aftermarket as well.

One big indicators for technicals is the double buttom, makes it a prime entry point for technical traders.

You should also be following iOS 7 news; as Beta 4 was released today and that shows that iPhone 5s/6 is getting much much closer for release, and that is when the stock usually jumps the most, which is prior to that historically speaking.

The cheap chinese market iPhone is getting leaked piece by piece, and that is driving the price of the stock up as well.

Overall it is showing quite a strong movement that should continue at least till we hit $460-465, and we will see after that how things go.

That is all in my humble opinion

449.99 HotD, was 1 cent shy of breaking the 450 Today

Man try to look at fundamentals for a sec!! then anticipated new product releases and cycle refreshes, then technicals; look at the charts, moving direction and averages, and consider RSI, MACD and stochastics, then look at the market sentiments and any big funds upgrades and their volume buying direction, then compare to yours!! your option Puts must have burned you.

AAPL upgraded to Outperform from Market Perform by BMO Capital.

Goldman Sachs today raised its price target on AAPL to $530.00

AAPL reached the 6% + mark

I guess $480 PT by next week that people were mentioning isn't far feched as it seemed before

Apple's new products will start several rallies before releases

The new categories wither they are iWatch or iTV or Car Auto integrated iPads or new forms of tablets most likely will be released end of this year/early 2014.

But before that we get to have the new iPhone, new iPad, new iPad mini, new Mac book pro, maybe the budget Chinese targeted iPhone and new iPods before the holiday season so might be September. But the rally usually starts before the actual releases and leads up to it.

Looks green to me from now on!!

Tim Cook's Wise words about the iPad:

"What I can tell you is the most recent data I've gotten, which actually just came out, I believe, this morning, is that the iPad web share data shows that through the quarter, we accelerated further and are now -- iPad accounts for 84% of the web traffic from tablets, which is absolutely incredible. And so if there are lots of other tablets selling, I don't know what they're being used for, because that's a pretty basic function is web browsing."

iPhone sales of over 31 million

Sure beats and demolishes the estimates of 26 million

If it hits 445+ it might jump another 2% for couple of days, so $460 I'd say.

Your chart is worth $0 like your 2 cents. Nothing bearish here, it's the opposite.

AAPL +$23(5.5%)

dropped below 420, seems like the market is already pricing out the stock for earnings before earnings!!

I am also holding few stocks, so I got some mini puts to protect my position in case market makers decide to make it take a dive.

Most people are buying puts Almost 3 to 2, I hope Apple beats and give good guidance.

Iphone lite: code named “Zenvo” and “Zagato/Bertone”

details leak for two different versions of the cheaper iPhone for Chinese / emerging markets


Leaked documents in the below link:
http://www.phonearena.com/news/Apple-iPhone-Lite-to-have-two-versions-Zenvo-and-ZagatoBertone-codenames-appear_id45486#4-

"The iPhone Zenvo is said to be the slightly more affordable one as it runs on a ‘H5P dual-core processor’ made by Samsung, 1GB of RAM, and supports FDD 4G connectivity and Bluetooth 4.0.

The iPhone Zagato/Bertone will support TDD 4G LTE and feature an ‘H6P’ processor. These will obviously be the versions for China as support for the local LTE standard is listed."

Will funds sell google, msft, and buy AAPL !!

http://247wallst.com/technology-3/2013/07/18/the-first-day-in-memory-no-one-cared-about-apple/

Interesting articles and reactions coming out after microsoft's and google's earnings announcements that shows google margins dropping and microsoft taking a charge for it's surface tablet.

AAPL dropped slightly AH on google Earnings !! but why ?

When goggle announced earnings AAPL stock dropped slightly then recovered little. Weird, do some investors confuse Tech companies or something ?

Just to compare last year's Q2 2012 Verizon sold 2.7 mil iphones, now it is reporting this 2013 Q3 that half of 7.5 mil sold were iphones so the sales increased to 3.75 mil, now that's very good.