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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (19185)6/11/2024 8:40:51 PM
From: Kirk ©  Read Replies (2) | Respond to of 26421
 
Wow, that is sure bullish...
Kirk, here's an AAPL Wave Count Update. I've adjusted the wave count after Cycle Wave IV. Intermediate Wave (3) of Cycle Wave V is in play with a target of 283.63. Breeze
and thanks for the update. I don't own it but many close to me do, I own a ton indirectly via funds, and it IS an important stock.
It is almost 40% higher.... until you look at my LT log chart and see it usually has great gains following nice, long consolidations... it doesn't seem that wild other than the market cap is already $3T and that would push it well over $4T, even with buybacks.

Interesting that the last consolidation was mid 2020 to mid 2021 before it soared then corrected 32% before recovering, consolidating around the old high for some SERIOUS RESISTANCE and now the breakout... so fundamentally it seems stretched but Mr. Buffett is not a fool and Apple is his largest position by far.

My GUESS is it gets a higher multiple as its % of business in services continues to grow and if people REALLY want a phone that can have a conversation with them about organizing their emails and appointments...
.




To: #Breeze who wrote (19185)6/12/2024 10:16:25 AM
From: Augustus Gloop3 Recommendations

Recommended By
Cogito Ergo Sum
Kirk ©
toccodolce

  Read Replies (1) | Respond to of 26421
 
Dood....You're on fire!

Your calls have been better than sex

edit

sorry for the outburst



To: #Breeze who wrote (19185)6/12/2024 10:36:57 AM
From: da_spot1 Recommendation

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  Read Replies (2) | Respond to of 26421