Apple Share Price Rollercoaster

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Apple stock may ride iPhone roller coaster

Think the next iPhone will boost Apple’s stock?

It may initially but the gains may be short-lived. In five of the past six years, Apple’s ( AAPL ) stock has ended up lower a month after the new iPhone was revealed. And in 2020 — the one year that Apple’s stock actually finished higher after an iPhone release — it still pulled back sharply from its initial post-iPhone bump.

2020: Last September, Apple’s stock rose 3% in the four trading days after CEO Tim Cook unveiled the iPhone 5. But a month after the announcement, Apple shares were down 8%.

2020: In the two weeks after Apple unveiled the iPhone 4S in October 2020, Apple’s stock soared 13%. But it dipped after that. Two weeks later, the stock was only 8% higher than on day one. (Of course, Steve Jobs’ death only a day after the iPhone 4S was unveiled quickly overshadowed much of the buzz around the iPhone and its then-new Siri feature)

2020: The stock rose 9% during the week and a half after the iPhone 4 was unveiled. But the stock was 1% lower a month after the announcement.

2009: Apple shares didn’t move too much shortly after the company announced the iPhone 3GS — but shares were down 4% a month after the 3GS news.

2008: Shares rose 2% the day after the iPhone 3G was unveiled but were down 1% a month after the announcement.

2007: The stock gained 5% in the week after Steve Jobs unveiled the first iPhone. But three weeks later, shares had fallen by 7%.

But is this just coincidence? Did Apple stock really fall because it couldn’t live up to iPhone hype? Or was there something bigger going on with the market at those particular points of time?

Let’s look at how the tech-heavy Nasdaq — of which Apple is a big part — did in those post iPhone periods.

2020: Nasdaq down 4%, Apple down 8%.

2020: Nasdaq up 12%, Apple up 8%.

2020: Nasdaq down 3%, Apple down 1%.

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2009: Nasdaq down 6%, Apple down 4%.

2008: Nasdaq down 9%, Apple down 1%.

2007: Nasdaq up 7%, Apple down 7%.

That shows no discernible trend. Apple outperformed the Nasdaq a month after the iPhone was unveiled three times out of six. In the other three years, Apple lagged.

That’s why some analysts consider Apple’s share price drops following iPhone announcements to be meaningless.

“I think the stock movement is somewhat random,” said Trip Chowdhry, managing director of Global Equities Research.

But others argue that there are legitimate reasons for Apple’s stock to fall after iPhone announcements.

“I don’t think it’s random,” said Ryan Detrick, senior technical strategist at Schaeffer’s Investment Research. “We have seen this before. There is so much hoopla with Apple, but soon after the news comes out, there’s not as much reason to be excited anymore.”

Apple is expected to unveil the iPhone 5S (or whatever it will be called) on Sept. 10. Will Apple’s stock be lower on Oct. 10?

Let’s just say it’s not quite the same as betting on the sun to rise in the east. Apple no longer is the darling of Wall Street that it once was. Despite a recent rebound, investors may still be looking at Apple as a potential bargain. The stock has lost 30% of its value since hitting an all-time high a year ago.

“Apple has been down for so long, a new product could be a good thing to boost momentum,” said Detrick. “Excitement around a new iPhone might be just what the stock needs.”

Tesla share price roller-coaster – to buy or not to buy?

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Tesla’s stock price jumped 67% in just 6 days, so is it a buy?

Matt Leibowitz is the founder of share trading platform Stake and a guest contributor at Finder. The views and opinions expressed in this article (which may be subject to change without notice) are solely those of Matt’s and do not necessarily reflect those of Finder and its employees.

It’s no secret that 2020 has delivered some abnormal trading activity to Tesla (TSLA). A fortnight ago, we watched as its share price jumped from $580 to $969 in a matter of days, before plunging again by more than 20% in a day.

It’s an astonishing feat for such a large company, so let’s dive into what’s been happening.

In this article, we’re going to answer three crucial questions: What’s the extent of this unusual behaviour? Who’s trading TSLA? What’s caused the surge?

Let’s talk numbers

For the 11-day trading period beginning 29 January 2020 – a day prior to Tesla’s profit announcement – TSLA dominated activity on our trading platform Stake. With a total nominal amount of US$24.85 million on the move, it accounted for 49.6% of trading volume among the 10 most traded stocks on Stake.

If we break down these figures further, we can take a closer look at the composition:

  • Buys: 2,261 times, totalling to 16,915.0996 shares valued altogether at $12.72 million
  • Sells: 1,076 times, totalling to 15,977.993 shares valued altogether at $12.13 million

It’s interesting to note that TSLA buys occur much more frequently than sells. However, the average sales volumes are almost twice as large as the average “buy” volumes.

A reason for this is the stock’s bubble behaviour. Although most of the buys (13.7%) occurred on 4 February – the day Tesla’s stock price reached its record $945/share – most sales (24%) occurred the next day when the price dropped to $720/share.

This suggests many investors anticipated the bubble “bursting” and hence tried to cash out quickly beforehand.

Who’s getting in and out of TSLA?

Looking at trading data by state, we can see that New South Wales, Victoria and Queensland have the largest trading volumes. This is unsurprising, given there are higher populations in those states.

However the age distribution of users trading TSLA offers greater insight. We can see that those aged 20-40 have been trading the most, with the average age to trade Tesla at 33 years.

This is owing to a range of factors, from lifetime income differences to age-based attitude differences towards modern sustainability-based tech stocks.

Why the rush?

Stake’s customers have been able to benefit from TSLA via one key driver: volatility. Stark movements in stock prices provide traders with greater margins by buying low and selling high.

TSLA’s surge to a record-high of $968.99 was a result of news that the company’s plant in Shanghai would continue with production following a prolonged shutdown due to concerns about the coronavirus. Furthermore, Tesla’s Shanghai rival, Nio (NIO), which is also known as the “Tesla of China”, saw reductions in vehicle production and delivery.

Events like these are amplified and hence permeate into the US stock market due to the larger number of traders and larger volumes traded.

What’s next?

Given that Tesla issued 2.65 million shares to the public last week, despite Elon Musk having previously said that they wouldn’t, implies that there is a change in tone from the company’s perspective. This suggests that although there was some pullback from TSLA, there is still excitement around it.

It therefore begs the question, how much more value is there to gain from trading TSLA?

I personally think there is still potential, but like many stock market frenzies, it’s possible that the hype around Tesla will quickly die down. So it pays to be cautious.

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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Apple Inc share price

Apple Inc live chart

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Here at FxPro, we’re delighted to offer our clients the opportunity to invest in Apple Inc, through our CFDs Product. This is a world-famous manufacturer of personal and tablet computers, audio players, phones, software.

According to the official open sources, the company’s history began in 1976. Headquarters is located in Cupertino, California, USA.

Apple Inc is one of the pioneers in the field of personal computers and modern multi-tasking operating systems with a graphical interface.

Due to the innovative technology and aesthetic design, Apple Inc has created a unique reputation in the consumer electronics industry, comparable to the cult. It is the first American company with the capitalization exceeded 1.044 trillion US dollars. This happened in September 2020. At the same time, Apple Inc became the most expensive public company in the entire history, exceeding the capitalization of the previous record holder – PetroChina (1.005 trillion dollars in November 2007).

In 2020, the iPad was launched on the market.

In 2020, the corporation introduced Apple Watch, its first wearable device. In 2001, the company introduced the iPod audio player, which has quickly gained popularity.

In 2003, the company opened the iTunes Store, a popular online supermarket of digital audio, video and gaming media content. In 2007 Apple introduced the iPhone (one of the most popular touch-screen smartphone in the world) to the market.

Today this brand is listed on the NASDAQ and its name is firmly established in our life.

Apple Inc stock price is subject to the observations of many traders in the world. At the beginning of 2020, Apple Inc share price was 158,5 USD.

Among the reasons to keep a close eye to the CFDs on Apple Inc securities is the strong volatility that can be observed during the day-to-day trading sessions.

On this page, you can take a look at the Apple Inc share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms. In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.

Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).

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