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AAPL update: minor 5 fell short of expectations, intermediate iv underway ideally targeting $114-$104

AAPL’s minor 5 did unfortunately not reach as high as I’d ideally would have liked to see based on the bull flag it formed and Fib-extensions, but since we only interpret the market and not make the market it’s as good as we gets. 251 more words

Intelligent Investing

'The Curse of the Dow' bites Apple

”Has the ‘Curse of the Dow’ finally caught up with Apple?” Saqib Iqbal Ahmed reports for Reuters. “Shares of the iPhone maker have been in a rut since posting disappointing quarterly results in late June, falling to a six-month low of $113.25 on Tuesday.” 362 more words

News

Apple enters correction territory: More carnage to come?

”The tech giant is in correction territory and sitting below its 200-day moving average after dropping nine times in the past 10 trading sessions. It’s on pace for a 10th decline in 11 sessions Tuesday,” Kristen Scholer writes for The Wall Street Journal. 365 more words

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The 4 Stocks That Weighed on the Dow Tuesday

August 4, 2015: Markets opened slightly higher again on Tuesday absent any upbeat U.S. economic data. Apple stock is dragging down the tech sector, and that kept the indexes trading near their flat line for the day. 277 more words

Investing

Why Apple's next-gen iPhone 6s/Plus will generate 20% growth

”The smartphone refresh cycle has maintained its course due to the rapid depreciation of mobile components and the ongoing commitment to two-year mobile contracts,” Alex Cho writes for Seeking Alpha. 405 more words

IPhone

Apple stock implosion shreds $113.4 billion and counting

”Apple shares are down significantly for the second day Tuesday – bringing investors’ paper losses to staggering levels and putting the stock further into correction territory,” Matt Krantz reports for USA Today. 344 more words

News

Is Apple doomed in China, or what?

”China has been weighing heavily on Apple lately — at least in the minds of the financial press,” Philip Elmer-DeWitt writes for Fortune.

“With the iPhone sliding into third place in China, the Shanghai Index falling 26% in six weeks, and December’s tough compare looming, things must look pretty bleak to the algorithms that just pushed Apple’s share price into correction territory,” P.E.D. 272 more words

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