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Apple does a dividend and a share buyback - it's sp moves beyond $600, dragging everything up with it. See this is precisely what I meant.

Also, what sort of a company spends half of it's cash reserves propping up it's stock value? Like...what does that say about their capital management? Surely that money would have been better invested into something.
 
Apple does a dividend and a share buyback - it's sp moves beyond $600, dragging everything up with it. See this is precisely what I meant.

Also, what sort of a company spends half of it's cash reserves propping up it's stock value? Like...what does that say about their capital management? Surely that money would have been better invested into something.

Obviously not, otherwise they'd do that and not pay a dividend:banghead:

Like...I think they may have thought a little bit about what to do with that large chunk of cash.
 
More like because their products are insanely marked up. $500 for a Gig of ram? Please.

You are now trolling.
The topic of your misunderstanding of how indices are calculated and how individual company's share price can move an index may well be a topic for another thread, which you are free to start.

This thread is for traders. Do not post in this thread unless you are willing to engage with reason.
 
You posted two stupid images

For the record, I thought the images were both great!

Maybe it's a geek thing.

Nice move up in the EURUSD last night which I missed, because I was watching Spartacus: Vengeance.

frinky

At best I reckon we track sideways for a couple of weeks

I tend to agree, but with a twist. Considering how low volatility has been (I see EURUSD, CL and ES all hitting twelve month ATR lows) will we get a volatility 'spike' that will act as the sideways range boundary? Much like the action pre/post flash crash and pre/post Jul/Aug 11.

Time to start lowering position sizes, increasing stops and generally being more careful/nimble on the discretionary side.
 
For the record, I thought the images were both great!

Maybe it's a geek thing.

Nice move up in the EURUSD last night which I missed, because I was watching Spartacus: Vengeance.

frinky



I tend to agree, but with a twist. Considering how low volatility has been (I see EURUSD, CL and ES all hitting twelve month ATR lows) will we get a volatility 'spike' that will act as the sideways range boundary? Much like the action pre/post flash crash and pre/post Jul/Aug 11.

Time to start lowering position sizes, increasing stops and generally being more careful/nimble on the discretionary side.

I thought the moves in AAPL on Thursday were suspicious, and when I heard the news there was to be conference call on Monday I was sure last night was going to see a sell-off in both it and the market. Wrong (yet again :D).
 
This morning I heard, “Apple Euphoria, all good things must come to an end, SP does an 8% dip, at some point during the year, from the years starting price.”
When it starts to sound like that it’s getting closer.
 
This morning I heard, “Apple Euphoria, all good things must come to an end, SP does an 8% dip, at some point during the year, from the years starting price.”
When it starts to sound like that it’s getting closer.

Agree 100%.
When ? That’s the $$$$ million question
 
I must think it's NOW!
As I have started adjusting for it!!
However, in general I find it better to ignore myself!
 
I’ve got it ! . BTW I like fruits i.e apple ,lemon ,etc.

hahahaha I dunno whether you're being serious or not, but "LULU Lemon" is one of the other (along with AAPL, CMG) momo stocks that everyone loves to hate.

Screen Shot 2012-03-20 at 2.49.27 PM.png
 
frinky

I tend to agree, but with a twist. Considering how low volatility has been (I see EURUSD, CL and ES all hitting twelve month ATR lows) will we get a volatility 'spike' that will act as the sideways range boundary? Much like the action pre/post flash crash and pre/post Jul/Aug 11.

Time to start lowering position sizes, increasing stops and generally being more careful/nimble on the discretionary side.

Sorry to quote myself but I just spotted a rather interesting and related (bolded above) chart on ZH. It's a table produced by GS and since I'm not sure about the legalities of posting it here, I'll just link instead.

http://www.zerohedge.com/news/skewered

Chart title is "Global pricing (% spot): 1m-95% Puts"

ZH (or in this case Capital Context specifically) is highlighting skew and how cheap SPY puts are, but I noticed XJO puts are running even cheaper. 0.38% vs 0.47% for SPY. Qs are running much higher at 0.68%.

Aside from my often retarded speculation in cheap index puts (Taleb wannabe), I run a proper (long) volatility model on the meager sizes I can run, which limits me to only a few indices. Right now it's more interested in GDX than anything else. Seems like Oil is crucifying gold miners.
 
For the record, I thought the images were both great!

Maybe it's a geek thing.

Nice move up in the EURUSD last night which I missed, because I was watching Spartacus: Vengeance.

frinky



I tend to agree, but with a twist. Considering how low volatility has been (I see EURUSD, CL and ES all hitting twelve month ATR lows) will we get a volatility 'spike' that will act as the sideways range boundary? Much like the action pre/post flash crash and pre/post Jul/Aug 11.

Time to start lowering position sizes, increasing stops and generally being more careful/nimble on the discretionary side.

I dunno, this recent acceleration of the rally doesn't really seem to happen very often, well at least not after such a shallow dip anyway, so I'm having a hard time framing any possible future patterns based on the way it has played out so far.
 
Aussie ready to pop!

I took a nice one that ran much harder than anticipated, she's still running as I write this so I obviously got out too early. I didn't think R would fail.

Screen Shot 2012-03-21 at 11.06.13 AM.png
 
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