Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 15.21% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock dropped below the $185.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Apple is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Apple is bullish.
The RSI indicator is at 72.15 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Apple
Trade War Has Intel Reviewing Global Supply Chain, CEO Says
Mon, 17 Jun 2019 05:33:43 +0000
Intel doesn’t believe tariffs are an “effective way to drive global trade,” Swan said on Sunday, and is encouraging the governments to engage in constructive dialogue — even as the company tries to mitigate the impact of the dispute. “How do we move goods — sometimes our customers will move their operations — and how do we work the global supply chain so less product is coming directly from China to the U.S. that would be subject to tariffs?” Swan said in an interview with Bloomberg TV in Tel Aviv.
Big Tech was built by the same type of antitrust actions that could now tear it down
Mon, 17 Jun 2019 03:52:00 +0000
The fear in Silicon Valley is that antitrust investigations of big tech will blunt momentum of an industry that powers the U.S. economy. But history tells us another story.
Dow Jones Futures: As Stock Market Rally Aims To Advance, Watch These 5 Dow Stocks
Mon, 17 Jun 2019 03:22:02 +0000
The stock market rally is drifting. But Microsoft is in a buy zone. Fellow Dow stocks Disney and Home Depot are close. Apple has a new base. Boeing is vying for orders at the Paris Air Show.
APPLE 24 HOUR DEADLINE ALERT: APPROXIMATELY 24 HOURS REMAIN; FORMER LOUISIANA ATTORNEY GENERAL AND KAHN SWICK & FOTI, LLC REMIND INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Deadline in Class Action Lawsuit Against Apple Inc. – AAPL
Mon, 17 Jun 2019 02:50:00 +0000
NEW ORLEANS, June 16, 2019 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large.
Japan Display shares fall as TPK withdraws from bailout
Mon, 17 Jun 2019 02:38:01 +0000
Shares in Japan Display fell on Monday after it said Taiwan’s TPK Holding was withdrawing its contribution to a financial bailout of the embattled Apple supplier. that a consortium of Taiwanese and Chinese investors were set to make a decision on the ¥80 billion ($737m) bailout of the company by June 14. Japan Display said that it was still in talks with Harvest Group, another member of consortium, over investing.
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