A look @ $AAPL ahead of Monday’s open

1 hour AAPL (click for larger)

As you may or may not know some apple news hit the wires over the weekend about the company halving orders of LCD screens from parts suppliers.

Apparently the article is a month old as a Deutsche Bank analyst already noted on January 4th the slashed component order, that puts AAPL’s price around 540 when the news became public…

The pre market low for apple is 497 which is slightly above the December 17, 2012 low of 496.69. Would you not think smart money would know something about the above order cut?

 i would think so considering the amount of $ tied up in Apple stock.
What is interesting also is the face apple has bounced 10 points pre market, though it did fall 34 points from Friday’s close over 520.  There was a seller in apple stock almost all last week, perhaps this news was known ahead of time?

 Regardless $AAPL has become a valuation argument in respect to its share price, who would have thought that with AMZN trading @ 159 forward p/e and apple is at a 7 forward p/e.

15 min AAPL – notice the arrows up at 531 and the spikey price action… looks like we now know why the stock was being offered …..

 

Moar
In an interview with Bloomberg’s Emily Chang (@emilychangtv) PayPal, Palantir...
Paulson stays with Gold ETF as prices recover Prominent hedge...
HLy Top10
Peter Theil: Carl Icahn shouldn't dictate what Silicon Valley does
Real-Time Charts
Paulson stays with Gold ETF as prices recover $GLD
Fed's Plosser: continued low rates may not heal labor markets; The longer we wait, the bigger we risk we'll have to raise interest rates faster when the time comes
NYSE TICK & Emini Correlation Lesson (SPY)
David Tepper: it's the beginning of the end of the bond market bubble
Two Charts I am Watching Into The AM: DOLLAR & SPOOS (SPY)
$C- Citigroup CEO Michael Corbat: Citigroup can no longer be 'everything to everyone'
Here Are Two 20 Year Charts Of The $SPY $SPX Following a RECORD SP500 Close Of 1,854
Russell 2000 $IWM prints all time high WICK this morning

Archives

wordpress stat
Hedge Accordingly by HedgeAccordingly is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Based on a work at http://www.hedgeacccording.ly