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Originally Posted by -dustin
I’ve gotten rid of most of my stops, but still have one in place for AAPL. And it’s getting close to hitting. Not really sure what I want to do here. I suspect if it’s gonna hit, it’ll do it here in the next hour.
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Selling off into the Quad witch, I was watching both TSLA and AAPL post split. I grabbed my TSLA which is up nicely. If AAPL dips below 100, I am a buyer.
This is typical for AAPL, everyone loves to hate this company, they never deliver enough some people say. And yet the stock is up 1021% with two splits over the last 10 years and they just keep growing.
Also watching the downgrades of HD and LOW, according to Oppenheimer
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the market is underestimating the odds of a post-virus slowdown in sales growth.
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I am really puzzled that they think there will be a slowdown in growth? Why? people will suddenly travel, spend money on clothes and restaurants? You can make the argument that they stocks have had a good run and need to cool, however, that just translates into a buying opportunity for me. I feel the same way about AMZN as well as it is coming off its highs with no signs that the business is slowing.
I want to be a buyer soon of AAPL, HD, AMZN and maybe LOW if we get some downside pressure here. I am watching the close and into next week, there may be some chances here.