$Apple(AAPL)$ Apple's 1980 IPO created over 300 instant millionaires, counting early employees and investors. The long-term run has been huge too — the stock is up over 13,000% since 1998 and over 15,000% since 1980. That kind of appreciation has made countless more millionaires among shareholders who held on, and Steve Jobs was already worth more than $200 million on the first day of trading.
$Apple(AAPL)$ A new all-time closing high. Nice to see. Jefferies and BoA can be ignored, they seem to be trying to rig the greatest company in the world.
$Apple(AAPL)$ Four bearish Apple analysts took their shots today and Apple is only down 1% lol. UBS, Jeffries, Loop and Moffett, with one of them even issuing a downgrade.
$Apple(AAPL)$ I don't think people are upset about AAPL stock itself, which has been delivering a compounding 25%+ return over the past 10 years. They're just upset they didn't get in earlier.
I kept waiting for an entry on this all year, then finally decided that approach was just silly. Now I'm dollar-cost averaging into it over the next few years. Adding $Apple(AAPL)$ to the dividend portfolio.
$Apple(AAPL)$ continues to unfold in the final five swings of wave ((c)), which should complete the flat correction in red wave 4. As the corrective structure matures, signs of exhaustion are worth watching as the market approaches the end of this pullback before the next impulsive move higher.
$Apple(AAPL)$ No way this is the end. This looks like just the beginning of a run into next year, with the new launch and plenty of products coming. The naysayers are wrong again.