AAPL is not a momentum buy despite relative strength; investor holding is fine but short-term traders should avoid buying due to lack of momentum and pre-order concerns.
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Um so with that being said, um someone's asked me what about Apple. See, now that I almost Thank God I didn't do it on the close. Everyone's like, "Red dog, just take Apple. Apple is going to make new highs.
Look at that relative strength." I'm like, "Well, you know what?" I'm like, "It it definitely looks really good." It does. I'm like, "But people don't know what Apple is doing now."
It's like on down days, Apple's up. On days that memory's going, it's down. Um, it used to just trade with the cues and the spies. I'm like, "You have a launch coming up. There's always these freaking Nikay Times reports and these fagazy, you know, this and that about production, about orders.
I'm like, I'm just if you're an investor in Apple, you're fine. Being an investor in Apple, you're doing great. I'm like, but I'm not just buying it on the close for momentum because there's no momentum, you know?
And if you I bet like So, so this morning, it's down. It's down six. That kind of sucks. It looked great yesterday. That's also a reason why some traders are, you know, pulling their hair out or they're getting their foreheads big because this if you took this home yesterday, you really didn't do the wrong thing.
Okay, so anyway, what's yesterday's low yesterday as low is um 335. It's below that now. So, see if that gets reclaimed. So, the one thing I will say, you know, just using a little bit of common sense
no one like they said what pre-orders are down for um the iPhone 18. Well, I got this like 6 months ago cuz I finally got to go from the 13 to this. I was trying to hold out for the Duo cuz the Duo to me was something different.
The Duo was a different phone you could put in your pocket. It's bigger. I I I joke how everyone has 60-inch televisions in their house with surround sound, but they're in their bed watching uh their show um like Paradise, which is a great show.
You should watch Paradise. Two seasons. Awesome. You could watch it with your wife or Fa. Awesome show. You should watch Fa. Really show you what happened October October 7th. And maybe you'll have a little bit of um Anyway, I don't want to get political, but you're watching your phone in your bed or you're on a plane and watching it right here.
So a bigger phone you could watch your your shows and you could also do your work. Like not not a lot of people carrying laptops anymore. So a bigger screen you could do your emails.
So anyway, so why would the iPhone 18 why would their pre-orders be higher? So maybe this down move is viable because people are waiting to buy the duo which I'm being told could even have 8 to 10 million units. So don't get emotional here.
What this channel has said about $AAPL
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