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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: clean86 who wrote (210675)7/27/2021 9:26:23 PM
From: J.F. Sebastian1 Recommendation

Recommended By
Stock Puppy

  Respond to of 211258
 
Think what tanked the stock today was the news about the iPhone chip shortages.
That, and the overall market is overvalued right now from a technical standpoint.

When you have the tech giants show great earnings and have blowout numbers then fail to move upward, that's a big tell.

Most people seem to want to blame a particular data point for AAPL not responding positively to the numbers, while all of Nasdaq was down 1.2% today. The overall market is a bit weak right now.

Let's see how things with AAPL play out over the next few days...



To: clean86 who wrote (210675)7/27/2021 9:58:22 PM
From: Force Majeure1 Recommendation

Recommended By
Stock Puppy

  Respond to of 211258
 
Think what tanked the stock today was the news about the iPhone chip shortages.

Based on the vagueness of the earnings call comments, is it news or speculation? Yes, there was mention of chip shortages, but the reasons of said shortages remains unclear (at least in my book; feel free to help a brotha out if I'm misguided.) Could the hint of "shortages" be a demand "issue" and not as much a supply problem like the chicken littles are reporting? At least, that's how I took the 'news'. At the end of the day--right or wrong--the buzz and the market response decides the narrative, along with the actions that are taken, which will hopefully affect only the short term outcome of this amazing company.



To: clean86 who wrote (210675)7/27/2021 10:34:10 PM
From: NAG12 Recommendations

Recommended By
J.F. Sebastian
John Carragher

  Respond to of 211258
 
clean,

Think what tanked the stock today was the news about the iPhone chip shortages.

To me, it seemed like the share price was going down in the after hours, before the CC, and before they talked about continued chip shortages. I wonder if people were just into some profit taking. As the old saying goes, sell the news. Overall, I always find it hard to guess these short term moves.