9 reasons why Apple stock will fall dramatically after earnings on May 2,2024
Posted: Apr 29, 2024
- Apple stock expected to fall after earnings on May 2, 2024 - Technical indicators like death cross and double top patterns signaling bearish trend - Significant decline in market share in China - Analysts predict lower shipments for Apple Vision Pro and uncertainties surrounding iCar project - Jim Cramer bearish on Apple stock, predicting significant drop in price - Options market shows bullish sentiment for May and June contracts - Morgan Stanley predicts post-earnings weakness and lower guidance for next quarter - Potential impact on SPY ETF if Apple stock drops significantly
Summarized top reddit comments: - WSB Inverse strategy often works - Jim Cramer is bearish on Apple stock - User bought calls expiring next week - Lack of mention of AI in analysis - Always inverse someone with no positions - User is planning on buying calls - Excitement about double tops and double bottoms - Questioning OP's lack of positions - Possibility of stock going up based on Apple CEO's comments - User convinced by technical analysis and planning to buy calls
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