Another Bite at the Apple

Published on
August 16th, 2019
Duration
14 minutes

Another Bite at the Apple

Trade Ideas ·
Featuring Max Wolff

Published on: August 16th, 2019 • Duration: 14 minutes

Max Wolff, managing partner at Multivariate, breaks down his bearish thesis on Apple and explains why the stock is still rising despite what appears to be a gloomy outlook. He cites trade wars and competition as major reasons for concerns, notes the importance of iPhone sales to the overall business, and considers how traders should position themselves in the current market environment, in this interview with Alex Rosenberg. Filmed on August 14, 2019.

Comments

Transcript

  • IH
    Iain H.
    20 August 2019 @ 14:07
    You have to like Max, bring him back some more
  • PW
    Phil W.
    18 August 2019 @ 20:06
    bring a smile to my face Max!..................I might add in a good way
  • WW
    Wayne W.
    17 August 2019 @ 00:32
    Notwithstanding my down vote I hope MW is a regular as I find him useful for my contrarian trades against his recommendations. Crapple is just another obscenely overvalued US Tech firm and I look forward to the day it gets down to 120 per MW's earlier theory but given Trumptard watches this stock very closely and has Jay Powell firmly in his back pocket [pair of flip flop's], the combination of the intelligent idiots at the Fed and the buybacks could potentially keep this and the rest of the casino [Craps] stocks levitated for a few more years though I'm hoping we have a far worse repeat of last year's September until late Dec so I can get a buy order in at 120 or lower.
  • JC
    John C.
    16 August 2019 @ 18:06
    At this point I think trying to short one of the biggest most successful companies in the world is just sub-optimal and very tricky for the average investor. John Burbank mentioned this re 'world class' companies and how even in bad markets they might just keep on chugging along for a long time. Just feel like there are other better ways to go short the market and put this stuff in the 'too hard' basket. Having said that, I respect the downside case and Apple definitely will get hurt if and when China uses them to retaliate against Trump's trade war tariffs.
  • MT
    Matthew T.
    16 August 2019 @ 18:02
    Long Fitbit in May 2018, down 45%. Short AAPL in Jan 2019, up 33%. Tells you everything you need to know about his recycled ideas.
    • AK
      Arthur K.
      17 August 2019 @ 16:59
      To be fair to Mr Snarky, the Fitbit trade was a winner. His political commentary seems to be more hateful than before.
  • LK
    Lance K.
    16 August 2019 @ 12:34
    The uptalk makes this unwatchable.