路遥知马力
Only when traveling long distance that you know the stamina of the horse
Sound ST. Future earnings of AAPL should grow faster than last quarter because of Apple Headset (rumor to be launched next year) and as China re-open (can’t lock down forever).
After months of not using the Mac Pro, back Have been using the MBP and watching TV at the same time. Can’t do that for Mac Pro. Looking at hourly price chart (have been using daily chart) of AAPL using ToS platform, I come up with a preferred count… this time I did some fib computations, so more sophisticated… hopefully more correct. Btw, making money and interpreting EW patterns are two different activities.
Hourly chart of AAPL. I interpret that AAPL is in extended fifth wave. Look like the impulse wave i is about to be completed, if correct, expect pull back to $156-$162. Wave ii should break below the lower channel of the pitchfork.
Buffett bought another 3.9 million shares in Apple, which is Berkshire’s largest position by a wide margin. The company owned nearly 895 million shares in the iPhone maker, a stake worth $122.3 billion as of June 30. AAPL accounted for 41% of Berkshire’s portfolio value at the end of Q2.
IMHO,
Bought prior to return of late SJ is luck.
Bought after return of late SJ is risky bet.
Bought after iPod launch is a less risky bet.
Bought after iPhone launch is lot of DD.
Value Investor, Joseph Carlson, explaining why he is in AAPL.
Now to OptionsWolf The Elliottican who insist AAPL is doing a zigzag instead of an impulse. Not commenting on her EW but her understanding of divergence is not right.
Yet another dividend investor (well know ones, WB and JCarlson) likes AAPL. I like AAPL dividends too allow me to diversify into SFH rental without needing to sell any AAPLs.
Apple Pay is not a credit card and IIRC Apple Card uses V and MA network. Also, Apple sells its + partners’ products and is not a generic retailer like AMZN. So I doubt would want to replace V and MA.
AAPL is in wave iii.(4)… short for minor degree wave (4) of intermediate degree wave iii. If in wave (4), should break below the lower channel of pitchfork, likely to complete between $171.24-$168.15, start to worry if below $165.