Pre market looking good
Dead cat bounce, or on its way to all time high?
$Tesla (TSLA.US)$
$Apple (AAPL.US)$
$Microsoft (MSFT.US)$
$SPDR S&P 500 ETF (SPY.US)$
$Tesla (TSLA.US)$
$Apple (AAPL.US)$
$Microsoft (MSFT.US)$
$SPDR S&P 500 ETF (SPY.US)$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
GM 1 : Would the buy back at this time allude possibility of a lower share price after ER
Cow Moo-ney OP GM 1 : For Apple? Difficult to say. That can be one of the reasons - market pessimism. But of course, there are other potential reasons for shares buyback eg reward shareholders, reduce shares in the market for better EPS etc
GM 1 Cow Moo-ney OP : I meant they know they will miss targets etc at the ER n the price will dip - so it’s just perfect for a buy back as it dips more over the next few weeks. Maybe it’s time for us to scoop more dips too- m sure Apple wants to buy back cheaper
Cow Moo-ney OP GM 1 : It is possible, but can’t be sure. Reason being, FB was on a very aggressive shares buy back at $300 range before the previous earnings call in Jan. They would have known their results would be bad based on DAUs and challenge from TikTok, Hence I was puzzled as to why they didn’t wait for the stock to tank to below 250 before commencing the buyback.
So yeah, a lot of things happening behind the scene. That said, I’m happy if Apple dips to sub 150 or 140s range. Am camping for more shares
cretecult : Looks like a head and shoulder on the fifteen minute chart
Cow Moo-ney OP cretecult : For which stock?
FirstStrike Veteran : no all time highs this year. ok maybe one but I highly doubt that. this year brings in next year recession.
Cow Moo-ney OP FirstStrike Veteran : We could be in a recession alr