Institute of Trading and Portfolio Management

AAPL short interest days to cover is 1 day. No-one in the market is short. Infact everyone is long and looking for a reason for it go up. Namely "Everyone is Short" - Fact is they are not.

http://www.nasdaq.com/symbol/aapl/short-interest 

A bit of elliot wave theory, gauging some twitter sentiment and using AAPL as a proxy for the S&P500 isnt idea generation.  

 

Are there any fellow traders out there who are short Apple please?

Apple's tablet market share drops to 50 per cent.

http://www.telegraph.co.uk/technology/apple/9657765/Apples-tablet-market-share-drops-to-50-per-cent.html

iPhone owner loyalty declines for first time

http://www.telegraph.co.uk/technology/apple/9655934/iPhone-owner-loyalty-declines-for-first-time.html

Just can't get excited about Apple at all, everyone wants out, the growth story has ended (at least for the time being), so huge selling pressure over a long period of time until everyone who wants out is out, could take a while!

Cheap for a reason

does anyone have any new views on apple? I am looking to buy some here, they are cheap at this level

thanks laurence schongar.

With data from 2008-2012, APPLE gives me the following results. High volatility, well paid.      µ monthly return σ  µ/σ AAPL  2.714% 0.096757 0.2805317

Would agree on AAPL. I bought a decent position at the end of June and added into results at the end of July. Was a case of buy the rumour, sell the news on the iphone 5, and I took profits in the run up to the announcement. The iphone 5 is just part of the upgrade cycle, the AAPL mania is still there and the products will get bought. Rinse and repeat. iphone 5x or iphone 6 will be a game changer, they are holding back innovation for the next model (i.e biometrics reader etc). I am looking to get back in when the froth has blown off.

thoughts on AAPL here? from my side, it looks to me that they are at the peak in their product cycle. the iphone 5 is not much of an improvement on the previous versions, there is no game changer here. indeed, all the smart kids are on samsung/android and many are awaiting the windows 8 phone as the next big thing. dont see where the long term gorwth is coming from on this one, the others seem ripe now to grab some mkt share the stock is down -2.5% pre-open on disappointing sales numbers. i think we see some weakness in line with the general market over october and a strong run into year end (Q4 results) as there is strong inertia in this stock as it enters its parabolic stage. talk of AAPL entering the dow will probably we the final nail in the coffin.

Amazingly CNBC yesterday had 5 people being interviewed and every single one of them, and the presenters, said they had been bullish for the last 3 months, citing the FED etc. They are now all in the buy the dips crowd.   The talking heads are just hindsight traders and should be ignored if not actievly traded against. Its just this kind of emotional trading that catches so many out.   As I said before, when most realise an uptrend is occurring its already 80% completed.     Trader X posted this 16 August 2012 (Aug 16, 2012 11:43 PM).   When CNBC stops reporting all the negative news, the bull market will probably be over. Fiscal cliff The European crisis Equities are dead ... Bill Gross The Ultimate death cross The Hindenberg indicator I watched 5 people interviewed on CNBC today and every single one of them, and the presenters, said they would be looking to sell into the rally, which is either code for we are short and we've cut but still believe in the positon, or we are bullish but missed the boat completely and dont want to be caught chasing. Meanwhile, the SPX came within 5 points of its bull market high today.