Non-Event: Apple Hits Another All-Time High

I remember when DELL was the shit and the markets were cratering (and I mean cratering) back in 1998. The stock would go up $3 per day, whilst the rest of the market crapped out. During every big run, there is always an “anointed” stock, a place where money managers and retail park cash for safety and growth- dual purpose. Apple is no longer your tell, unless you own AAPL. The market can drop 400 today and AAPL will close up 40 cents.

You need to watch the sectors that have been leading the market to see if they are rolling over. Inside of The PPT, I set up custom indexes, in order to serve this purpose. Banks and commodities have rolled over the hardest, threatening 3 month lows, believe it or not. Social networking and tech have held up much better. In the middle of everything is my GARP (growth at a reasonable price) index. These are stocks, hand picked by me every 6 months, that represent growth but with good to great valuation metrics. Some index members include: GMCR, AAPL, ADS, ARUN, WYNN, FOSL, CAT etc.

Here is the 3 mo chart for GARP:

What do you think?

From my untrained, disdainful eye for technical analysis, it looks top heavy, ready to fall.

We’re all relying on mystical governmental powers to buoy stocks higher here. But keep in mind, those rapacious dicksuckers want lower gas just as much as higher stocks. How do you get lower gas? Deflation scare.

Under that scenario, stocks trade lower and TLT goes back to $120. I take it upon myself, through the foraging of information from every corner of the globe, to identify inflection points well in advance of my peers. Regrettably, thanks to the sorcery and smoke screens of The Fed, I have no fucking idea what is in store next. All I know, like a blind man using instinct when crossing the street, danger lurks around the corner and the season to be defensive or bearish approaches with celerity.

49 Responses to “Non-Event: Apple Hits Another All-Time High”

  1. tech guy looking at chart

    consolidation phase. Could put in double top if decline resumes, could put in double bottom if it rallies from here. Being that 2nd top is higher, it is slightly less likely we have a major breakdown here and downtrend. If we put in a higher low and stocks rally it is a good sign

  2. Big banks look o.k. here and we could
    get a quick rotation to financials .

    • JPM earn on Friday. Could be all sorts of fuckery. My bet is to the long side. They haven’t trotted out mascot, D. Bove in a while, he is stinking up the green room in anticipation.

  3. it’s all a mirage

  4. Do you really think they will listen? I doubt it. FIG.

  5. I don’t know what Ben could come up with for this purpose– but if he can make up a story that will give folks a reason to sell commods but to buy non-commod stocks, then he will certainly do so.

    • leftcoasttrader

      Didn’t you hear? According to the Fed they were never actually printing money. It was all a big misinterpretation. Of course one doesn’t bother to clear up those small details when oil is at $70.

  6. If you put AAPL in your GARP index you get a better looking chart.

  7. found this kinda interesting http://sultanknish.blogspot.com/2012/04/one-hundred-broken-mirrors.html

    • Sane people don’t give a fuck about what happens in the Middle East, and they stay the hell out of there.

      Let them bomb each other to smithereens.

  8. Great dark song/video pick for this morning. Rocking out while watching the carnage.

  9. I don’t see them letting this market slide too far. It destroys their “recovery” argument, that everything they’ve done to date has been “working.” We all know that it’s not the case but the sheep equate the Dow 30 to the economy and the economy is “recovering” so the Dow can’t fall too far.

    How does Bernanke introduce QE3 and say that it will do the trick once QE1 & QE2 have proven to be failures? They cannot show the failures of QEs 1 & 2 so they will pump sooner rather than later.

    There may be a small scare to get bears lined up and then it’ll be sledgehammer to the scrotum time for the bears once again.

  10. Who says the recovery is not working?

    The stock market has doubled, economic growth is 2.5% per year with NO RECESSION since mid 2009; corporate profits are at record highs, the auto industry is solid.

    Any neutral observer would rate the economy as excellent.

  11. There will never be another DELL because now the underwriters double the amount of shares offered at double the price no matter what company it is. Hence we see a lot of busted IPO’s. CEO’s are stupid / greedy.

  12. It’s not that I want to duplicate your web-site, but I really like the design. Could you let me know which design are you using? Or was it custom made?

  13. I carry out agree because of the ideas you might have introduced for the post. They’re genuinely convincing and may definitely work. Nonetheless, the posts are extremely brief first off. May a person please lengthen them somewhat from the next occasion? Thanks to the post.

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  15. I got what you mean, thanks for placing. Woh I will be thankful to get this site through yahoo and google. I ended up being walking across town wearing glasses when the prescription leaped out. by Steven Wright.

  16. I’m positive your publish and internet web site is incredibly constructed

  17. I’d constantly want to be update on new content material on this web site, bookmarked!

  18. One thing I would really like to say is that before acquiring more personal computer memory, check out the machine within which it could well be installed. If your machine is running Windows XP, for instance, the memory limit is 3.25GB. Putting in over this would merely constitute a new waste. Make certain that one’s mother board can handle the actual upgrade quantity, as well. Great blog post.

  19. Hi, thanks for all the people, I will upload many more video lessons in coming days, admin

  20. Hi, after reading this amazing post i am too cheerful to share my knowledge here with colleagues.

  21. A powerful share, I just given this onto a colleague who was doing a bit analysis on this. And he in fact bought me breakfast as a result of I discovered it for him.. smile. So let me reword that: Thnx for the deal with! But yeah Thnkx for spending the time to discuss this, I really feel strongly about it and love reading extra on this topic. If doable, as you change into experience, would you thoughts updating your weblog with extra details? It is highly helpful for me. Big thumb up for this blog publish!

  22. You really let your catch become seem simple with the first is presentation however We’ve this topic website marketing really core part i consider A free of charge certainly most certainly not understand. It appears to be too complicated as well as incredibly broad many people feel. I ‘m excited for a post, I most certainly attempt to help have the particular belief from the usb ports!

  23. Dead indited articles , regards for information .

  24. Greetings! Quick problem that’s absolutely off topic. Do you know how to make your blog mobile helpful? My web site looks weird when watching from my iphone. I’m trying to identify a template or perhaps plugin which could possibly manage to fix this specific difficulty. Should you have any advice, please talk about. Appreciate it!

  25. Hurrah, what a quality it is! For the reason that mostly YouTube videos have no fastidious feature, except this is actually a good quality video.

  26. I truly wanted to make a brief message so as to say thanks to you for some of the precious concepts you are giving at this website. My extensive internet research has at the end been rewarded with reputable points to write about with my visitors. I would express that many of us visitors are definitely blessed to dwell in a fantastic place with so many brilliant professionals with beneficial solutions. I feel extremely privileged to have discovered your entire webpage and look forward to many more amazing moments reading here. Thank you once again for all the details.

  27. Hello Dear, are you truly visiting this website daily, if so then you will definitely get pleasant experience.

  28. Another important component is that if you are an elderly person, travel insurance intended for pensioners is something you should make sure you really think about. The more aged you are, greater at risk you will be for allowing something poor happen to you while in most foreign countries. If you are not really covered by a number of comprehensive insurance cover, you could have some serious difficulties. Thanks for sharing your hints on this web site.

  29. Its like you read my mind! You appear to grasp a lot about this, such as you wrote the guide in it or something. I believe that you just can do with some percent to drive the message home a bit, but instead of that, that is great blog. A great read. I will definitely be back.

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  31. Somebody essentially assist to make significantly articles I’d state. This is the very first time I frequented your website page and to this point? I surprised with the analysis you made to create this actual post amazing. Wonderful activity!

  32. Definitely believe that which you said. Your favorite reason appeared to be on the web the easiest thing to be aware of. I say to you, I definitely get annoyed while people think about worries that they just don’t know about. You managed to hit the nail upon the top and defined out the whole thing without having side effect , people could take a signal. Will probably be back to get more. Thanks

  33. I just couldn’t depart your website prior to suggesting that I actually enjoyed the standard information a person supply to your visitors? Is going to be back continuously in order to investigate cross-check new posts

  34. I would like to thnkx for the efforts you have put in writing this web site. I’m hoping the same high-grade website post from you in the upcoming as well. Actually your creative writing skills has inspired me to get my own web site now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.

  35. This is the worst post of all, I’ve read Wroten by: Ogrodzenia

  36. Hey, buddy, I have not discovered tips on how to subscribe

  37. Hello, you used to write wonderful articles, but the last several posts have been kinda lackluster… I miss your great writing. Past several posts are just a little bit out of track!

  38. Great site you’ve got here.. It’s difficult to find high-quality writing like yours nowadays. I honestly appreciate people like you! Take care!!

  39. I would also like to convey that most individuals who find themselves with out health insurance are usually students, self-employed and those that are jobless. More than half from the uninsured are really under the age of Thirty five. They do not come to feel they are wanting health insurance because they’re young along with healthy. Their own income is typically spent on property, food, in addition to entertainment. Many individuals that do go to work either entire or part time are not provided insurance by way of their jobs so they move without due to the rising price of health insurance in the United States. Thanks for the thoughts you share through this blog.

  40. It is very not often that I find such cool news. I must admit there are too much garbage over the internet. Do not listen to anybody. Follow your heart and keep posting. Like I do – letting people know how they can order flowers and gifts delivery in Ukraine for the best price and quality.

Comments are closed.
Previous Posts by The Fly

Non-Event: Apple Hits Another All-Time High

I remember when DELL was the shit and the markets were cratering (and I mean cratering) back in 1998. The stock would go up $3 per day, whilst the rest of the market crapped out. During every big run, there is always an “anointed” stock, a place where money managers and retail park cash for safety and growth- dual purpose. Apple is no longer your tell, unless you own AAPL. The market can drop 400 today and AAPL will close up 40 cents.

You need to watch the sectors that have been leading the market to see if they are rolling over. Inside of The PPT, I set up custom indexes, in order to serve this purpose. Banks and commodities have rolled over the hardest, threatening 3 month lows, believe it or not. Social networking and tech have held up much better. In the middle of everything is my GARP (growth at a reasonable price) index. These are stocks, hand picked by me every 6 months, that represent growth but with good to great valuation metrics. Some index members include: GMCR, AAPL, ADS, ARUN, WYNN, FOSL, CAT etc.

Here is the 3 mo chart for GARP:

What do you think?

From my untrained, disdainful eye for technical analysis, it looks top heavy, ready to fall.

We’re all relying on mystical governmental powers to buoy stocks higher here. But keep in mind, those rapacious dicksuckers want lower gas just as much as higher stocks. How do you get lower gas? Deflation scare.

Under that scenario, stocks trade lower and TLT goes back to $120. I take it upon myself, through the foraging of information from every corner of the globe, to identify inflection points well in advance of my peers. Regrettably, thanks to the sorcery and smoke screens of The Fed, I have no fucking idea what is in store next. All I know, like a blind man using instinct when crossing the street, danger lurks around the corner and the season to be defensive or bearish approaches with celerity.

49 Responses to “Non-Event: Apple Hits Another All-Time High”

  1. tech guy looking at chart

    consolidation phase. Could put in double top if decline resumes, could put in double bottom if it rallies from here. Being that 2nd top is higher, it is slightly less likely we have a major breakdown here and downtrend. If we put in a higher low and stocks rally it is a good sign

  2. Big banks look o.k. here and we could
    get a quick rotation to financials .

    • JPM earn on Friday. Could be all sorts of fuckery. My bet is to the long side. They haven’t trotted out mascot, D. Bove in a while, he is stinking up the green room in anticipation.

  3. it’s all a mirage

  4. Do you really think they will listen? I doubt it. FIG.

  5. I don’t know what Ben could come up with for this purpose– but if he can make up a story that will give folks a reason to sell commods but to buy non-commod stocks, then he will certainly do so.

    • leftcoasttrader

      Didn’t you hear? According to the Fed they were never actually printing money. It was all a big misinterpretation. Of course one doesn’t bother to clear up those small details when oil is at $70.

  6. If you put AAPL in your GARP index you get a better looking chart.

  7. found this kinda interesting http://sultanknish.blogspot.com/2012/04/one-hundred-broken-mirrors.html

    • Sane people don’t give a fuck about what happens in the Middle East, and they stay the hell out of there.

      Let them bomb each other to smithereens.

  8. Great dark song/video pick for this morning. Rocking out while watching the carnage.

  9. I don’t see them letting this market slide too far. It destroys their “recovery” argument, that everything they’ve done to date has been “working.” We all know that it’s not the case but the sheep equate the Dow 30 to the economy and the economy is “recovering” so the Dow can’t fall too far.

    How does Bernanke introduce QE3 and say that it will do the trick once QE1 & QE2 have proven to be failures? They cannot show the failures of QEs 1 & 2 so they will pump sooner rather than later.

    There may be a small scare to get bears lined up and then it’ll be sledgehammer to the scrotum time for the bears once again.

  10. Who says the recovery is not working?

    The stock market has doubled, economic growth is 2.5% per year with NO RECESSION since mid 2009; corporate profits are at record highs, the auto industry is solid.

    Any neutral observer would rate the economy as excellent.

  11. There will never be another DELL because now the underwriters double the amount of shares offered at double the price no matter what company it is. Hence we see a lot of busted IPO’s. CEO’s are stupid / greedy.

  12. It’s not that I want to duplicate your web-site, but I really like the design. Could you let me know which design are you using? Or was it custom made?

  13. I carry out agree because of the ideas you might have introduced for the post. They’re genuinely convincing and may definitely work. Nonetheless, the posts are extremely brief first off. May a person please lengthen them somewhat from the next occasion? Thanks to the post.

  14. Manmade Hairpiece http://synthetic-wigs.dolabuy.com/ Net all of our range of brand of Synthetic Hair’s Wigs, Extended Imitation Hair pieces, Cut-rate Chemical Wigs, Easy Unnatural Hairpieces, Extensive Fake Hairpiece and other

  15. I got what you mean, thanks for placing. Woh I will be thankful to get this site through yahoo and google. I ended up being walking across town wearing glasses when the prescription leaped out. by Steven Wright.

  16. I’m positive your publish and internet web site is incredibly constructed

  17. I’d constantly want to be update on new content material on this web site, bookmarked!

  18. One thing I would really like to say is that before acquiring more personal computer memory, check out the machine within which it could well be installed. If your machine is running Windows XP, for instance, the memory limit is 3.25GB. Putting in over this would merely constitute a new waste. Make certain that one’s mother board can handle the actual upgrade quantity, as well. Great blog post.

  19. Hi, thanks for all the people, I will upload many more video lessons in coming days, admin

  20. Hi, after reading this amazing post i am too cheerful to share my knowledge here with colleagues.

  21. A powerful share, I just given this onto a colleague who was doing a bit analysis on this. And he in fact bought me breakfast as a result of I discovered it for him.. smile. So let me reword that: Thnx for the deal with! But yeah Thnkx for spending the time to discuss this, I really feel strongly about it and love reading extra on this topic. If doable, as you change into experience, would you thoughts updating your weblog with extra details? It is highly helpful for me. Big thumb up for this blog publish!

  22. You really let your catch become seem simple with the first is presentation however We’ve this topic website marketing really core part i consider A free of charge certainly most certainly not understand. It appears to be too complicated as well as incredibly broad many people feel. I ‘m excited for a post, I most certainly attempt to help have the particular belief from the usb ports!

  23. Dead indited articles , regards for information .

  24. Greetings! Quick problem that’s absolutely off topic. Do you know how to make your blog mobile helpful? My web site looks weird when watching from my iphone. I’m trying to identify a template or perhaps plugin which could possibly manage to fix this specific difficulty. Should you have any advice, please talk about. Appreciate it!

  25. Hurrah, what a quality it is! For the reason that mostly YouTube videos have no fastidious feature, except this is actually a good quality video.

  26. I truly wanted to make a brief message so as to say thanks to you for some of the precious concepts you are giving at this website. My extensive internet research has at the end been rewarded with reputable points to write about with my visitors. I would express that many of us visitors are definitely blessed to dwell in a fantastic place with so many brilliant professionals with beneficial solutions. I feel extremely privileged to have discovered your entire webpage and look forward to many more amazing moments reading here. Thank you once again for all the details.

  27. Hello Dear, are you truly visiting this website daily, if so then you will definitely get pleasant experience.

  28. Another important component is that if you are an elderly person, travel insurance intended for pensioners is something you should make sure you really think about. The more aged you are, greater at risk you will be for allowing something poor happen to you while in most foreign countries. If you are not really covered by a number of comprehensive insurance cover, you could have some serious difficulties. Thanks for sharing your hints on this web site.

  29. Its like you read my mind! You appear to grasp a lot about this, such as you wrote the guide in it or something. I believe that you just can do with some percent to drive the message home a bit, but instead of that, that is great blog. A great read. I will definitely be back.

  30. After examine a number of of the weblog posts in your website now, and I truly like your manner of blogging. I bookmarked it to my bookmark website listing and can be checking again soon. Pls check out my website as effectively and let me know what you think.

  31. Somebody essentially assist to make significantly articles I’d state. This is the very first time I frequented your website page and to this point? I surprised with the analysis you made to create this actual post amazing. Wonderful activity!

  32. Definitely believe that which you said. Your favorite reason appeared to be on the web the easiest thing to be aware of. I say to you, I definitely get annoyed while people think about worries that they just don’t know about. You managed to hit the nail upon the top and defined out the whole thing without having side effect , people could take a signal. Will probably be back to get more. Thanks

  33. I just couldn’t depart your website prior to suggesting that I actually enjoyed the standard information a person supply to your visitors? Is going to be back continuously in order to investigate cross-check new posts

  34. I would like to thnkx for the efforts you have put in writing this web site. I’m hoping the same high-grade website post from you in the upcoming as well. Actually your creative writing skills has inspired me to get my own web site now. Really the blogging is spreading its wings quickly. Your write up is a good example of it.

  35. This is the worst post of all, I’ve read Wroten by: Ogrodzenia

  36. Hey, buddy, I have not discovered tips on how to subscribe

  37. Hello, you used to write wonderful articles, but the last several posts have been kinda lackluster… I miss your great writing. Past several posts are just a little bit out of track!

  38. Great site you’ve got here.. It’s difficult to find high-quality writing like yours nowadays. I honestly appreciate people like you! Take care!!

  39. I would also like to convey that most individuals who find themselves with out health insurance are usually students, self-employed and those that are jobless. More than half from the uninsured are really under the age of Thirty five. They do not come to feel they are wanting health insurance because they’re young along with healthy. Their own income is typically spent on property, food, in addition to entertainment. Many individuals that do go to work either entire or part time are not provided insurance by way of their jobs so they move without due to the rising price of health insurance in the United States. Thanks for the thoughts you share through this blog.

  40. It is very not often that I find such cool news. I must admit there are too much garbage over the internet. Do not listen to anybody. Follow your heart and keep posting. Like I do – letting people know how they can order flowers and gifts delivery in Ukraine for the best price and quality.

Comments are closed.