Apple's most recent trend suggests a bullish bias. One trading opportunity on Apple is a Bull Put Spread using a strike $187.50 short put and a strike $182.50 long put offers a potential 20.77% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $187.50 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $4.14 would be incurred if the stock dropped below the $182.50 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 73.06 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
Apple, Mueller Report, Recession Signals and Uber – 5 Things You Must Know
Mon, 25 Mar 2019 09:40:00 +0000
U.S. stock futures fell on Monday and global stocks slumped as last week's sharp selloff continued amid concerns over the strength of the world economy and the first inversion of the U.S. Treasury yield curve in more than a decade. Yields on 3-month U.S. Treasury bills continued to trade higher than those on 10-year notes in overnight markets, keeping the yield curve in a so-called inverted position, a condition that has signaled nearly every U.S. recession for the past 60 years, according to Federal Reserve studies. Chicago Fed President Charles Evans, however, told an audience in Hong Kong that the curve's sharp was more a reflection of “a secular decline in long-term interest rates” rather than a signal of impending recession, a view that's shared among many Wall Street analysts.
Apple’s Streaming Event Is Today. Investors Can Barely Contain Their Excitement.
Mon, 25 Mar 2019 09:00:00 +0000
Apple stock was rising steadily as investors anticipate the latest stage in a strategic move beyond hardware and into services.
Apple event – LIVE: Latest as iPhone maker set to release new movies, TV, news and games subscription services
Mon, 25 Mar 2019 08:46:00 +0000
Apple is preparing for perhaps its most momentous launch event in years. At the event, the company is expected to launch a whole host of services: a subscription film and TV platform to compete with Netflix, a news service that will allow people to subscribe to magazines and papers, as well as potentially revealing a games subscription that will allow people to play unlimited titles for one price. Apple has instead released much of those in the week ahead of the event, revealing new AirPods, iPads and Macs.
Apple invites Hollywood to Silicon Valley in TV push
Mon, 25 Mar 2019 08:09:59 +0000
SAN FRANCISCO/LOS ANGELES (Reuters) – Apple Inc is expected to finally lift the curtain on Monday on a secretive, years-long effort to build a television and movie offering designed to compete with big media companies and boost digital services revenue as iPhone sales taper. Hollywood celebrities are likely to trek to Apple's Cupertino home to greet the debut of a revamped Apple TV digital storefront. Apple has commissioned programming from A-list names such as Jennifer Aniston, Reese Witherspoon, Oprah Winfrey and Steven Spielberg.
Factbox – Apple's media ambition: Original shows, news subscription
Mon, 25 Mar 2019 07:53:33 +0000
While the Wall Street Journal plans to join Apple's new subscription news service, other major publishers, including the New York Times and the Washington Post, have declined, according to a New York Times report. Apple has also partnered with Hollywood celebrities to make a streaming debut with a slate of original content, taking a page out of Netflix Inc's playbook. Below are some of the shows, curated from media and Apple's own announcements, which are part of the iPhone maker's content library.
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