2 More Reasons To Buy Apple Stock On The Dip

TheStreet2021-03-09

Apple has had its worst day of trading since October, and shares could soon enter bear market territory. However, two price patterns suggest that this could be a good time to buy the stock. On Monday,...

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Comments

Kahkein
2021-03-09
Kahkein
Fly fly fly
- Nagoken:
  Gd
funky0612
2021-03-09
funky0612
??
BeeL
2021-03-09
BeeL
A for Apple
- TC88:
  bought more?
POPIHUAT
2021-03-09
POPIHUAT
Weeee
夜裡精靈
2021-03-09
夜裡精靈
I am buying, what about you? Reply pls
- 夜裡精靈:
  Am averaging down ??
- Nagoken:
  Is it really cheap to buy
- Iamallama:
  lets gooo
- POPIHUAT:
  Goooooooo
Jerrylsh
2021-03-09
Jerrylsh
Wow

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However, two price patterns suggest that this could be a good time to buy the stock.\nOn Monday,...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/2-more-reasons-to-buy-apple-stock-on-the-dip\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.thestreet.com/apple/stock/2-more-reasons-to-buy-apple-stock-on-the-dip","article_id":"1129681722","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1129681722","pubTimestamp":1615295680,"sourceInfo":null,"weMediaInfo":null,"summary":"Apple has had its worst day of trading since October, and shares could soon enter bear market territ","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"再有两个在下跌时买入苹果股票的理由","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Apple has had its worst day of trading since October, and shares could soon enter bear market territory. However, two price patterns suggest that this could be a good time to buy the stock.\nOn Monday, March 8, Apple stock had its worst day of trading since October 2020: down 4.2%, despite lack of company-specific news. My fears over the market cap dipping below $2 trillionfor the first time since November were also confirmed, maybe more quickly than I could have anticipated.\nApple stock is now nearly 19% off the peak of less than 30 trading days ago, and one inch away from bear territory. Investors must be feeling uneasy about holding shares during this uncomfortable pullback.\nBut I believe that shareholders also have reasons to be optimistic.\nHistory says: buy Apple\nOf course, a successful investment in Apple depends primarily on the company performing well and delivering above-consensus financial results going forward. In that regard, Apple’s business seems to be in very good shape, at least judging by the company’s most recent earnings report.\nSo, I turn away from business fundamentals for now and focus on price action. Historically, the best strategy has been to buy Apple when it is well off its peak. Recently, I came across yet another piece of evidence to support this idea.\nOver the past five years, Apple stock has produced monthly returns that have swung from a low of -18% in November 2018 to a high of 21% in August 2020. Although it may be hard to anticipate with much precision when the stock will perform best, there seems to be somewhat of a pattern.\nThe graph below shows that steeper monthly losses in Apple shares tend to be followed by periods of strong stock performance. 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Reply pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/323983031","repostId":1129681722,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3756215,"gmtCreate":1615337479113,"gmtModify":1680779775112,"authorId":3573696373126010,"author":{"id":3573696373126010,"idStr":"3573696373126010","authorId":3573696373126010,"name":"夜裡精靈","avatar":"https://static.tigerbbs.com/ac6266748095c04f49b888884069d798","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323983031,"type":1,"supId":3755454,"prevId":0,"content":"Am averaging down ??","text":"Am averaging down ??","html":"Am averaging down ??"},{"id":3755454,"gmtCreate":1615332955422,"gmtModify":1680779761367,"authorId":3576560237263785,"author":{"id":3576560237263785,"idStr":"3576560237263785","authorId":3576560237263785,"name":"Nagoken","avatar":"https://static.tigerbbs.com/caac3ac5db4b0d37985b9f55a62d569f","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323983031,"type":1,"supId":0,"prevId":0,"content":"Is it really cheap to <u>buy</u>","text":"Is it really cheap to <u>buy</u>","html":"Is it really cheap to <u>buy</u>"},{"id":3752659,"gmtCreate":1615300538356,"gmtModify":1680779720423,"authorId":3568467070146669,"author":{"id":3568467070146669,"idStr":"3568467070146669","authorId":3568467070146669,"name":"Iamallama","avatar":"https://static.tigerbbs.com/a97453a91d5df8b9104800b8debbe2ad","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323983031,"type":1,"supId":0,"prevId":0,"content":"lets <u>gooo</u>","text":"lets <u>gooo</u>","html":"lets <u>gooo</u>"},{"id":3752628,"gmtCreate":1615300312473,"gmtModify":1680779719882,"authorId":3572748126616310,"author":{"id":3572748126616310,"idStr":"3572748126616310","authorId":3572748126616310,"name":"POPIHUAT","avatar":"https://static.tigerbbs.com/d144cd1ec59fb92f3a10635247ec16ce","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":323983031,"type":1,"supId":0,"prevId":0,"content":"Goooooooo","text":"Goooooooo","html":"Goooooooo"}],"langContent":"EN"},{"id":323917402,"gmtCreate":1615298783106,"gmtModify":1704780775122,"author":{"id":"3570415893465696","authorId":"3570415893465696","name":"Jerrylsh","avatar":"https://static.tigerbbs.com/7f9695325b124aeb187e181c8c0ccfe6","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3570415893465696","authorIdStr":"3570415893465696"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323917402","repostId":1129681722,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":26,"commentSize":20,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1129681722"}