Tag Archives: AAPL

They First Got Into GOOG and Then Dumped AAPL

Posted on March 8, 2013 by Michael Harris

One of the most lucrative trades this year so far has been long GOOG and short AAPL. For equal allocation it has returned more than 36% in less that 2 months to those who have shaken out weak hands in AAPL hoping for a target … Continue reading →

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Once in Sync Now in Different Paths

Posted on March 1, 2013 by Michael Harris

The 120-day rolling correlation between GOOG and AAPL reached a high of +0.76 in the first week of January 2012. Since then it has been on a free fall and currently at +0.27. Once in sync, now in different paths. … Continue reading →

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The Countdown for the Privatization of Apple Inc. May Have Just Begun

Posted on January 24, 2013 by Michael Harris

It may take a few years but eventually Apple Inc. may become a private company. Apple has a lot of cash, no debt and it is 68% owned by institutions. Those who will own Apple in the future will become major players in … Continue reading →

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The Times of High Returns in Holding AAPL Are Over

Posted on November 11, 2012 by Michael Harris

The 250-day rolling arithmetic return graph for AAPL since 01/2009 shows that high returns by investors buying and holding AAPL for a year were realized only during late 2009 and early 2010. Currently, there is a rush to secure returns by … Continue reading →

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One More Subtle Technical Reason for AAPL Getting a Further Boost

Posted on September 2, 2012 by Michael Harris

There have been times in the recent past when AAPL was very tightly correlated to QQQ and as a result an investor could use the NASDAQ 100 ETF to benefit both from a rise in AAPL and from diversified risk. The correlation between the two reached … Continue reading →

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(No)Technical Analysis for AAPL

Posted on May 1, 2012 by Michael Harris

May is usually a very interesting month. Projected expenses of professional traders and hedge fund managers are very high during the summer, like for example fuel cost for yachts has increased substantially and rents of summer houses in the Hamptons are skyrocketing. It is therefore … Continue reading →

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AAPL Has Gone Parabolic

Posted on February 10, 2012 by Michael Harris

Quite often parabolic moves in the price of financial assets are caused by late investors and traders who feel they have missed a great opportunity and are convinced, or just hope, that the price of a financial asset will continue to rise for a … Continue reading →

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Market is Overbought

Posted on February 8, 2012 by Michael Harris

Although an overbought market can get even more overbought and in many cases it will until it causes maximum damage to shorts, experience tells us that this cannot last for too long. Here are some statistics that indicate a correction … Continue reading →

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Runaway Gap in AAPL?

Posted on January 31, 2012 by Michael Harris

The recent gap in the AAPL daily chart after the financial results for its fiscal 2012 first quarter may be a signal of trend continuation to significantly higher levels. Or it may be a signal of trend exhaustion. Can we … Continue reading →

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One Stock Show

Posted on January 13, 2012 by Michael Harris

As of the close of yesterday, AAPL had a weight of 14.97% in QQQ composition. The 120-day rolling correlation between the ETF and the stock is currently at about 84% and rising. This is a one stock show and makes an index … Continue reading →

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