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It depends on what you're aiming for. If you're aiming for quick money, then no.

I recommend you read "The Intelligent Investor" as it really brings perspective on the psychology behind what makes so many people tank in the market, and has saved me from falling for my own worst tendencies. For example, I almost bought SNAP stock when "something told me"/"my gut feeling was" it would be a good idea. But then I thought about it in the context of why I was wanting to buy it, and realized it was for all the wrong reasons. That $1000 investment at the time would be worth $700 at the time of this posting.

My feeling is, if you have to ask, the answer is a firm no. Most people should not be buying individual stocks, and not especially those who are completely new to investing. Their strategy should be making regular contributions to index funds.
 
Traders are following the old adage:

Buy on the rumor, sell on the news.



(BTW, notice how MacRumors loves to do stories on Apple stock price drops.)
 
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In the long term, valuation always becomes realistic and tied to real world performance.

Pick your horses carefully, forget them and let them run for years and years.

Ideally. But knowing how many fund managers are nuts or go nuts... yes, I have known top ones personally and wished they would jump off a cliff.

It's a good thing corporations are mobile and some are powerful enough to prevent sabotage.
 
So, when can congress and the administration announce a corporate tax cut and a tax holiday? Once they do, we'll see shares soar to $170.
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It depends on what you're aiming for. If you're aiming for quick money, then no.

I recommend you read "The Intelligent Investor" as it really brings perspective on the psychology behind what makes so many people tank in the market, and has saved me from falling for my own worst tendencies. For example, I almost bought SNAP stock when "something told me"/"my gut feeling was" it would be a good idea. But then I thought about it in the context of why I was wanting to buy it, and realized it was for all the wrong reasons. That $1000 investment at the time would be worth $700 at the time of this posting.

Brah, if I had lost a mere $300, or even 3,000 in the last 2 days I wouldn't care.

But drops are opportunities to purchase more. "If you don't sell, you don't lose."
 
Smart money is using this opportunity to load up while weaker hands are jumping ship. As usual, Wall Street makes money while panicky retail investors lose their shirts.... or at least a huge chunk of their gains.
 
The two emotional axes of the market are generally said to be "fear" and "greed." The other truism is "the market always climbs a wall of worry." You are bound to be hit with one or another of these emotions on any given day. So what good does it do us to know these things? The good it does (if we are aware) is it provides a defense from being manipulated by these emotions because emotions are not a good way to invest and in fact they will almost always lead us to make exactly the wrong decisions.
Thank you for that information. I surely missed it. So instead of Hopes and Fears, it should be Fear and Greed.
I'll edit my post in a minute. Thanks.
 
Well this definitely calls for traditional comments we have 'APPLE IS DOOMED".

But seriously how short sighted is this article !!

The article says the drop is unjustified and it's "yet another" buying opportunity. It's among the most under-appreciated stocks in the world. One bank in Japan downgraded Apple, the article writer goes on length why the bank is wrong.

So...are you saying you disagree with the article and you are saying "APPLE IS DOOMED" or did you not even bother to read the article before posting how much you disagree with it?
 
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After a praised WWDC I thought we'd see an increase. Maybe it's time to change pricing!
 
Thank you for that information. I surely missed it. So instead of Hopes and Fears, it should be Fear and Greed.
I'll edit my post in a minute. Thanks.

Not a big deal, just semantics. The takeaway point was meant to be that you should not allow the emotions of the market control you.
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Her today, gone tomorrow

I thought it was "her today, him tomorrow."
 
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This stock price drop might be difficult to explain but it is probably less so than explaining the preceding price rise. What exactly was the reason for the rise? New iPad Pros? Sure...
 
Whole Nasdaq is down from profit taking since Friday afternoon.

Yep. that accounts for perhaps half of the drop. And its pretty typical for Apple stock to jump up on rumors and then fall when they don't announce something everyone said was a lock. It will happen in the fall also with the iPhones etc
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And no wireless carrier will support that higher speed within at least 2 years.

that fact is moot. it's that folks believed that there would be a clip that would make the next iPhones total killers and it didn't happen. so some folks sell
 
Well considering they priced themselves right out of anyone considering one of those Homepods..

Seriously, you can buy an amazon one for like $30 now, and one with a screen is coming out thats still cheaper then a siri equipped bluetooth speaker..
 
Time to slash! the Prices of new iPad Pro. it's ridiculously Priced!

I won't buy one until I can get a deal from Target, like a $50 gift card.
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Seriously, you can buy an amazon one for like $30 now, and one with a screen is coming out thats still cheaper then a siri equipped bluetooth speaker..

Well, an Echo Dot is not a fair comparison. But, an Echo can be purchased for $140 at most places which is 2 1/2 times less the HomePod. People don't care about the speaker quality enough to fork over an extra $200 for it.
 
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