Apple's Stock Price Hits a New All-Time High [Updated]

[hagjohn]

So the market is wrong and only you understand how dire things are?

Considering that if you used Google and searched, there are a lot of articles about this, so no, I'm not the only one who knows. The stock market has never been a true barometer of where our economy is and no, I'm not the only one who knows that either.

 

[Baymowe335]

Considering that if you used Google and searched, there are a lot of articles about this, so no, I'm not the only one who knows. The stock market has never been a true barometer of where our economy is and no, I'm not the only one who knows that either.

Articles are designed for clicks and are largely clickbait garbage, especially in terms of finance.

The stock market looks forward and it actually is the one of the key barometers for how the economy is doing. The economy is complex, but markets at new highs is a good thing. Your definition of a good economy may just be different.

 

[ghanwani]

 

[hagjohn]

Articles are designed for clicks and are largely clickbait garbage, especially in terms of finance.

The stock market looks forward and it actually is the one of the key barometers for how the economy is doing. The economy is complex, but markets at new highs is a good thing. Your definition of a good economy may just be different.

Well, not really. The market is being manipulated by the huge amount of money being dumped into the market, by the Feds, to stabilize it. It's not a true harbinger of the anything if it's being manipulated, which it is most of the time.

 

[Baymowe335]

Well, not really. The market is being manipulated by the huge amount of money being dumped into the market, by the Feds, to stabilize it. It's not a true harbinger of the anything if it's being manipulated, which it is most of the time.

Over time, earnings always matter.

 

[ipponrg]

Well, not really. The market is being manipulated by the huge amount of money being dumped into the market, by the Feds, to stabilize it. It's not a true harbinger of the anything if it's being manipulated, which it is most of the time.

It’s all of the above. When certain stocks go up/down, people will say all the different reasons to rationalize. Baymowe was wrong already plenty of times, so his opinion is just like yours, mine, and many others.

If it were so black and white, the stock market wouldn’t be a risk or an investment. Whether or not the feds are pumping, hopefully you took advantage of the situation and made some nice profits 👍

 

[DocMultimedia]

Is it time for another front page post of "Apple Stock Hits New All-Time High" as it is now close to $370 maybe wait for $400 since it is a pleasant number.

 

[roar08]

2020 is not over yet. I'm just going to stay away. Timing the market is for experts like you.

I'm probably the furthest thing from an expert. The Dow @ 18.5k seemed like an obvious opportunity. AAPL trending nicely toward 400 this week btw. I recommended buying big @ 290 to a handful of currently very happy friends who are already looking at 25-27%.

But ... the sky is always falling for someone. And to your point -- if the market turns -- I'll do it all over again.

 

[NikoKnows]

Apple’s history and stock prices



1976-2020



—- 1976 April (Apple is founded)

$ 0.4 1980 December (Apple makes it’s debut as a publicly traded company)

$ 0.3 1985 September (Steve is forced to leave Apple)

$ 0.6 1997 February (Steve is being brought back to save near bankrupt Apple)

$ 1.1 1998 August (first new product after comeback is iMac and is still being sold after two decades)

$ 3.7 2000 January (Steve announces to cheering crowd him being again official CEO of Apple, company he co-founded)

$ 1.3 2001 October (First iPod is being introduced to the public)

$ 1.0 2003 April (just $132 worth of Apple stock is to grow in the period of next 17 years over $ 50 000 worthy)

$ 3.7 2004 October (Stock finally surpasses the milliennium high level due exploding iPod sales while Jobs is diagnosed to be seriosly ill)

$ 12.2 2007 January (first iPhone 📱is introduced and is on sale 6 months later)

$ 27.4 2010 January (iPad is introduced by Steve Jobs)

$ 57.8 2011 October (Jobs dies after 7 years lasting health struggle to a pancreatic cancer)

$ 100 2014 September (iPhone 6 & Apple Watch are introduced)

$ 200 2018 August (record)

$ 148 2019 January (year low)

$ 300 2020 January (record high)

$ 400 2020 July (new record)

 

[NikoKnows]

Does anyone else than me notice trend here? 🙂 It’s a logarithmic chart of AAPL from millennium to today.