Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
Southern California experiences a “May gray, June gloom” weather effect. Up north in Cupertino, America’s favorite smartphone maker experiences a similar phenomenon with its stock price.
In the past ten years, AAPL closed beneath its June options expiration (OpEx) open (Mid-May to Mid-June) six out of ten times.
And when we focus on the past five years’ June OpEx periods, the bears won four out of those five times.
A major reason behind the bearishness is Apple’s annual Worldwide Developers’ Conference (WWDC), which is almost always held in June.
Since 2005, AAPL closed every week red except one (11-1 to the bears), and that was 2014 when the 7-for-1 stock split took place shortly after the WWDC. (more…)
A little addition we made in the wee hours of the morning was this menu item, which is available to everyone:
Last month, in a post about Portfolio Armor‘s security selection method (A Security Selection Method That Beats The Market), I might have included a few too many charts. At least, that’s the impression you gave in the comments. So this time, I’ve decided to use a table instead, where every starting date links to an interactive chart. (more…)