NYEXPAT
Thinks s/he gets paid by the post
Saw the pre-earnings letter Apple released after the market closed. Ouch, down over 7%. Glad I hedged before the close today!
Saw the pre-earnings letter Apple released after the market closed. Ouch, down over 7%. Glad I hedged before the close today!
I hedge tech holdings buy buying QID.
I hedge tech holdings buy buying QID.
Yes, that would be correct, but if I thought the market is going higher, I would simply sell my hedge and let my un-hedged securities do the heavy lifting!That is one weird ETF. What is your trigger to sell?
And I saw you can buy options on this inverse ETF. If I bought an out of the money put on an inverse ETF, I think I am betting the market will go up? Sure are a lot fo creative ways for people like me to lose money.
Yes, that would be correct, but if I thought the market is going higher, I would simply sell my hedge and let my un-hedged securities do the heavy lifting!
I hedged my AAPL shares by selling them at $210 a while back!
That's not a hedge, unless you "shorted against the box"!
The amazing thing about Apple after 2012 Apple decided to buy shares of stock back like crazy. They made 283 billion from 2013 through 2018 estimates. They have purchased 220 billion dollars in shares buybacks and 71 billion in dividends they have paid more for stock and dividends over the last 6 years than they have made. The have funded the business in this time with 109 Billion in added debt.
While Apple is a highly profitable company, the profits have been used for nothing other than to prop up the stock options of company executives and weaken the balance sheet.
The amazing thing about Apple after 2012 Apple decided to buy shares of stock back like crazy. They made 283 billion from 2013 through 2018 estimates. They have purchased 220 billion dollars in shares buybacks and 71 billion in dividends they have paid more for stock and dividends over the last 6 years than they have made. The have funded the business in this time with 109 Billion in added debt.
While Apple is a highly profitable company, the profits have been used for nothing other than to prop up the stock options of company executives and weaken the balance sheet.
I think you are both right! AAPL has a very strong balance sheet although it has deteriorated as RM points out. I have not owned an apple product since 1985. I do own a couple percent of AAPL in my portfolio and intend to buy more over time. Hoping for the high 80's but would probably start to accumulate in the 130 range.I'm not the best at reading balance sheets, but I think AAPL's looks great.
https://finance.yahoo.com/quote/AAPL/balance-sheet?p=AAPL
I hedged my AAPL shares by selling them at $210 a while back!
I tried to convince DH to sell some at $230. He wouldn’t go for it.
I own a lot in the form of total market index funds, but also still own a number of individual stock shares, though I reduced my position by about half at ~$220 earlier this year. I agree with your post, and am hopeful about a further decline. I'll have to run my own valuation numbers, but am guessing they'll come nearly in line with yours and I may shake some cash free to buy back in on the cheap.If I didn't own so much of this, I would be hoping for a big blow-off and downdraft on this one, hoping to see if I could pick up a bunch of it in the mid 130's (under 9.5X).
There’s no doubt a slower rate of growth in China has an impact. I wonder, though, if part of the problem is Apple pricing it’s latest iPhones too high, impacting sales, and using China as an excuse.