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Apple's Stock Hits Oversold RSI, Traders Eye Critical Fibonacci Levels: Key Support Levels To Watch
Friday, August 18, 2023 - 3:55pm | 685As market turbulence sweeps across sectors, Apple Inc. (NYSE:AAPL) is not immune. The tech giant’s stock has encountered double-digit declines in August, resulting in a staggering loss of around $400 billion in market capitalization. With nine trading sessions still to go, August has proven...
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Super Bullish Or Bearish On Tesla Or Apple? These New ETFs Are For You
Tuesday, August 9, 2022 - 11:03am | 693A leader in leveraged and inverse and thematic ETFs is launching new investment options for investors looking to place bets for or against two of the largest and most well-known companies in the world. Here are the details. What Happened: Direxion is launching the first four of its single stock...
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Cramer: Apple Crushed Earnings, And These 3 Stocks Are Along For The Ride
Wednesday, August 2, 2017 - 9:06am | 426Apple Inc. (NASDAQ: AAPL)'s earnings report on Tuesday was a "thing of beauty" and helped push the stock to all-time highs, CNBC's Jim Cramer said during his daily "Mad Money" show. For the better part of the past year, many investors had been questioning if Apple's best days have passed, Cramer...
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Munster: Apple's Stock Will Go 'Much Higher'
Wednesday, July 5, 2017 - 11:51am | 306Shares of Apple Inc. (NASDAQ: AAPL) are higher by nearly 25 percent in 2017, even though the stock has pulled back more than $10 per share from its all-time highs of $156.65 as part of a tech-wide selloff. But longer-term Apple bulls have no reason to be concerned with the recent weakness,...
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Technical Analyst: Apple Is Due For A 'Garden Variety' Correction, Not 'Carnage'
Wednesday, March 22, 2017 - 3:06pm | 340Apple Inc.'s (NASDAQ: AAPL) stock is higher by more than 20 percent year-to-date and more than 30 percent over the past year, which has some calling for a correction. One of those is Tom McClellan, the editor of The McClellan Market Report. On Wednesday, he was a guest on CNBC to offer his take...
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Apple's Higher Multiple Is Justified, Says Citi
Monday, March 6, 2017 - 10:09am | 285Shares of Apple Inc. (NASDAQ: AAPL) have gained around 20 percent since the start of 2017 and around 35 percent over the past year. The company's stock has been boosted by encouraging earnings reports, the support of billionaire investor Warren Buffett and Wall Street's incremental support of the...
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Apple Could Rise 20% Over The Next Year
Wednesday, March 1, 2017 - 10:16am | 354Shares of Apple Inc. (NASDAQ: AAPL) are already higher by more than 40 percent over the past year and nearly 20 percent in 2017. Investors looking to take some of their profits of the table under the assumption that the bull run has come to an end may need to reconsider, at least according to BTIG...
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Strength In Apple Shares Not Translating To Its Suppliers And Carriers
Tuesday, September 13, 2016 - 11:20am | 468Conventional wisdom dictates if Apple Inc. (NASDAQ: AAPL)'s stock gains on strong iPhone 7 pre-order commentary, then the wireless carriers and suppliers might also see their stocks move higher. Tuesday's trading action should serve as another reminder of how unpredictable the stock...
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Why A Timeline Of Apple Innovations Might Calm Investors Itching For A New Product
Monday, August 22, 2016 - 3:56pm | 426Many Apple Inc. (NASDAQ: AAPL) investors are pounding on the table and demanding to know when the company that made major strides in telecommunication, music and entertainment innovation will introduce its next innovative product. The lack of a new innovative product is also calling into...
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Is Apple Really A One-Trick Pony?
Thursday, June 23, 2016 - 9:57am | 310Shares of Apple Inc. (NASDAQ: AAPL) have lost nearly 25 percent over the past year as investors and fund managers are warming up to the reality that the company is a "one-trick pony" that only sells hardware devices. Jeff Desjardins of the Visual Capitalist is the latest to add his...
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Apple's Newest iPhone Won't Have Many Changes
Tuesday, June 21, 2016 - 1:21pm | 250Apple Inc. (NASDAQ: AAPL)'s stock has fallen nearly 9 percent since the start of 2016 and nearly 25 percent over the past year. Investors who have been holding on to the stock with the hopes of a fresh and innovative iPhone 7 announcement may find themselves disappointed, at least according...
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Apple's Representation In Russel Index To Fall
Monday, June 20, 2016 - 12:30pm | 301Apple Inc. (NASDAQ: AAPL)'s stock has lost more than 8 percent since the start of 2016 and nearly 25 percent over the past year. More than one year ago, analysts and investors were wondering when Apple's valuation would hit the $1 trillion mark. Today, the stock is trading with a...
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Beijing Orders Apple To Halt Sales Of iPhone 6, iPhone 6 Plus Devices In The City
Friday, June 17, 2016 - 9:24am | 261Billionaire investor Carl Icahn was on to something when he dumped his entire stake in Apple Inc. (NASDAQ: AAPL) and warned other investors that the government in China could "come in and make it very difficult for Apple to sell there." On Friday, The Wall Street Journal confirmed...
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Carl Icahn Talks Apple: 'I Would Get Back In If I Felt More Secure About China'
Thursday, June 9, 2016 - 10:31am | 283Billionaire investor and one-time Apple Inc. (NASDAQ: AAPL) shareholder Carl Icahn sold his entire stake in the company back in April. In 2013, Icahn held 4.7 million shares of Apple and urged the company's CEO Tim Cook to boost its capital return policy from what at the time amounted to $...
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This Analyst Is Uber-Bearish On Apple, Warns Of Desperation
Thursday, June 2, 2016 - 1:26pm | 276Ian Winer of Wedbush Securities was a guest on CNBC to discuss why he's still urging investors to "stay short" Apple Inc. (NASDAQ: AAPL)'s stock. According to Winer, Apple once had an "edge on everything" but bulls are now scrambling to change their thesis on Apple...