The decline in Apple Stock today is a result of Credit Suisse which drops its 2016 iPhone production forecast from 242 million units to 222 million and cut the earnings per share forecast by 6% indicating Asian supply-chain orders decreased recently which Credit Suisse indicated could possibly reflect weaker demand for the newly-launched iPhone 6s. They left their outperform rating on the stock reiterating their price target of $140.
I am setting up a second trade today in Apple Stock. This articlke outlines the upcoming trade alert for those members who are following the Biweekly Put Selling Strategy in Apple Stock.
The rest of this article is for FullyInformed Members.
Apple Stock Upcoming Trade Alert – Nov 10 2015
This article is an upcoming trade alert for Apple Stock. FullyInformed Members can read this Apple Stock biweekly Put Selling upcoming trade alert directly through this link or they can sign in to the full members site here. Non-members can join here or discover the benefits of a membership.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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