Sunday, October 28, 2018

AAPL new ATH before end of week?

What are the odds that AAPL hits a new ATH before the end of the week?

The hardware event takes place on Tuesday. Positive sentiment from the event could push this higher. If earnings beats and guidance is well received, this could go even higher. Aside from the event and the earnings call, I have a feeling Trump will push the markets higher.

What I mean by this is that I'm betting, with Election Day coming closer, he'll make statement(s) that will not only appeal to voters but also to Wall Street. We all know that when he speaks, the market reacts.

It is also possible that the event will be a dud and the stock price will drop. And/or, earnings will be a miss (I'd be surprised) and guidance will be lowered significantly. And the leader of the free world will make some negative statements about China and this trade war.

What are your thoughts? I wouldn't be surprised if AAPL is sub $200 or plus $240 by week's end.



Submitted October 28, 2018 at 11:46PM by zenitron https://ift.tt/2EOSTbj

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