AAPL and Apple

Well how come Facebook ripped today though? Maybe Apple just :-1: ?

The best that depressed FB investors can hope for…

You bet against the :robot: face at your own peril.

:scream:

Apple reported an insanely great March quarter, with revenues and profits far higher than expected. It exceeded expectations in every product line and in every geography.

Apple reported growth of 66% in iPhone sales, 70% for Macs, 79% for iPads, and 25% for Wearables, with 27% growth in Services. The company posted 56% growth in Europe, and a remarkable 88% in China.

Bernstein analyst Toni Sacconaghi called the quarter was ā€œan absolute blowout,ā€ but said the numbers may have been too good, creating difficult comparisons in every business category for fiscal 2022.

That is to say it is time to sell the sea-worthy AAPL dinghy and buy the leaky FB dinghy. AAPL has been sea-worthy for so long, is about time it will be leaky :roll_eyes:

My FB gain helped offset some Tsla losses. Aapl stagnant.

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You need to add some crypto… Elon Musk has been hyping bitcoin and dogecoin.

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That’s his desire not mine.

You do know he is insane

One day later…

Well, it did go lower than $132.45… scary but in a way good, $131.36 is a hairline above recent low of $131.3… so I have two possible labels… preferred is in green, alternative is in yellow… yes, you are sharp, I have quietly shifted target to $150 :money_mouth_face: tentatively on May 11 :roll_eyes: 511 not 911.

Pay attention to the red channel, uncanny.

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@manch

Do you know what is the difference between randomness and predictability? That is, a random event can be predictable :slight_smile: For example, position of an electron in an orbit of an atom.

Can I meet another ā€œinsaneā€ guy who helps me make the next $13 million.

Oh wait… I can easily do that sticking with the same person.

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More ambitious please. I would like to meet an insane guy who can help me to be a billionaire.

@jil

I see you liked that chart. AAPL is now at that point to resolve whether preferred or alternative count is the valid count. Holding my breath!

The only way to do that is to run your own business. Hard to do as an investor.

Beyond my scope. But I also have no desire to become one either. Happy with my millions.

I just got sometime.

Unfortunately, the Truth is other way…TSLA will touch somewhere between $380 and $440 (W4-c, i.e., W4-a=563, w4-b=780) soon when AAPL touches around 105 before July 2021.

Your TSLA NW reaches around $8M before it bounces back. If this happens…believe me I have good magic crystal to foresee the market…". Then, TSLA will take many years to get back to your old 16M.

Both ā€œToo much optimistic and too much pessimisticā€ are not good !

Many here does not understand why AAPL went down with exceptional results and 90B buybacks !

When we, say panda or I, small guys are able to see foresee the market drops, the big funds/banks (with massive paid workforce - so called market makers) will certainly know everything and well prepared for him.

The result is show down on AAPL…AMZN…etc.

With exceptional results, retail people are buying stocks expecting momentum on AAPL will go to $172 range, while market maker taking that opportunities to dump Billions of apple shares on those naĆÆve retail investors ! If FB or GOOGL goes now, market makers soon dump them at ATH !!

I liked it why? => Now, you have come to very realistic target of AAPL, it may not touch ATH $145, but hardly touch around $138 and then goes to $105 range. The mere reason apple approve 90B buyback, they know what will happen to market and setting cash to buy at peak bottom !

Have you not seen you anytime in the mirror? Had you played meticulously long swing trading with EWT (like panda) you would have around billions ! You need to draw realistic EWT, for every company you trade, like the one you made now for AAPL !

Anyway, he is the EWT big counts w4-a(SPX) = 3400-3200, then w4-b = 3800, then w4-c = 3000 - 2800. All these are very tentative and not exact.

Recession with Biden changes:

  1. 1031-exchange abolished
  2. Inheritance (>1M) is taxed at 40%==> Big blow for many RE investors.
  3. Any real estate SFBA sale lands above 1M - taxed at 40%
  4. Corp tax rate (Resetting entire economy for next 10 years) taking bite on corp profit margin.

Market will correct way below and then recover to right valuation point.

Market is behaving exactly like what we foresee, and everything will come to ground between Jun/Jul 2021. This pull back may be over in few days. I made appx $20k in last 2 days (because I have time to focus) sample proof <spy 420 puts>

I got enough time to work my stuff nowadays.

It’s fine if that were the case. I have enough ammunition other than Tsla to weather the storm.

But you also have to look at your own investment history to be making such bold claims. I would be hesitant to do so if I were you.

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Now? I am aware of that alternate count long ago! Didn’t bother to post it. Even now, hasn’t resolved yet, you’re jumping the gun… very risky thing to do. Ofc, if you are just talking without taking any position (long or short), you can talk whatever you like, no harm done.

There is no such thing as realistic EWT. Just preferred and alternate counts, is up to you how to trade them. Trading strategy is way more critical in deciding the outcome.

You should persuade @manch, he doesn’t believe that a bear market not just a correction (10-20%) is coming, he tried to be cute, if it is true, it is the first time so many people predict the bear market. Just check the web, countless bear market predictions.

We can just wait for 3 months and you will know whether your TSLA goes to $3000 or $450.

My investment horizon is much longer than 3 months. You cannot be short-sighted as an investor.

You can have life time TSLA investor…IIRC, You have said in 10 years your TSLA NW 16M will become $100M (TSLA 10x in 10 years) !

Just for proof ā€œwhether it is going to $3000 or $450ā€ I have asked you to wait.

That’s right. Not quite a billionaire as @hanera aspired, but a ā€œ100derā€ :laughing:

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Frankly, I see lower price target. Is why I do call replacement. Trying to catch it at the low i.e. end up with more AAPLs :slight_smile: Btw, only in my IRA account. Didn’t do anything for other taxable accounts. I have closed down all my taxable accounts for trading, no point doing so if Biden is going to tax so heavily… proceeds would be used to buy 1-2 more rental SFHs in Austin… moving my trading activities to IRA :slight_smile: account.