Apple's most recent trend suggests a bearish bias. One trading opportunity on Apple is a Bear Call Spread using a strike $225.00 short call and a strike $235.00 long call offers a potential 29.7% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $225.00 by expiration. The full premium credit of $2.29 would be kept by the premium seller. The risk of $7.71 would be incurred if the stock rose above the $235.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Apple is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Apple is bearish.
The RSI indicator is at 36.69 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 reportedly spiked original TV shows because of violence, sex as it etches out content strategy
Mon, 24 Sep 2018 07:40:00 +0000
Apple spiked a show about hip hop artist Dr. Dre's life because it featured drug use, sex and violence, the Wall Street Journal reported. It highlights the iPhone maker's conservative approach to its nascent original content strategy. The world's most valuable company wants high-quality shows with big names and wide appeal, but it doesn't want gratuitous sex, profanity or violence, the WSJ said.
The Delightfully Analog Process Behind Apple’s Motion Watch Faces
Mon, 24 Sep 2018 05:11:19 +0000
Having just reviewed the new Apple Watch Series 4, getting to see how Apple made the incredible “motion faces” (the vapor, fire/water, etc.) feels like an extra treat. Getting this kind of perspective though shows just how dedicated the team over there is to nailing the details – Apple took something that seems relatively basic at first and pursued it to its logical conclusion, giving us something awesome in the process. “We probably could have done this digitally, but we actually shot all of this practically in a studio” says Alan Dye, Apple Vice President of User Interface Design, of the motion faces.
[$$] Your Browser Is the Most Important App You Have—Make Sure You Use the Right One
Sun, 23 Sep 2018 23:44:05 +0000
Whether you use Chrome or Firefox or some hopelessly outdated version of Internet Explorer, it’s probably the most-used app on your machine. Heck, Google made a whole operating system out of a browser, because it’s really all you need. It’s kind of like regularly cleaning the outside of your house … but never scrubbing the toilets or doing the dishes. James Pace-Cornsilk/The Wall Street Journal A recent update made Google’s Chrome browser even simpler and cleaner than before, with a matching look across platforms.
Dow Jones Futures Fall As China Trade War Escalates
Sun, 23 Sep 2018 22:39:42 +0000
Stock futures fell Sunday as new Trump tariffs hit China Monday. Meanwhile, the Nasdaq has lagged as Apple and FANGs Facebook, Amazon, Netflix and Google parent Alphabet have pulled back.
Six Dow Stocks Are In Buy Zones, But Watch These Key Warning Signs
Sun, 23 Sep 2018 22:05:55 +0000
As the Dow Jones hits a new all-time high, Boeing and Home Depot lead six blue-chip stocks in buy zones. Nike is just extended.
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