Investing

Riding the AAPL Slingshot

Apple, as hedge fund managers are well aware, is one stock that always bounces back

Whenever I see a chart like the one at right, which traces the trajectory of Apple's (AAPL) share price over the past 36 days, I'm reminded of Jason Schwarz's "Apple: Seven Reasons Shorts Love It," a supremely cynical view of the stock market that may be the best thing The Street published in all of 2009. MORE

Who knifed AAPL?

With the Dow up and no negative news on the wire, the stock fell off a cliff Thursday

Thursday was another one of those bizarre trading days for Apple (AAPL). The stock opened higher, flirted with some prices north of $328 in the morning and made it through the early afternoon without suffering much damage, despite the turmoil in Greece.

Then, at about 1:50 p.m., the volume jumped and the stock fell MORE

How the market in Apple 'weeklys' is rigged

If you're looking for evidence of manipulation, Friday's close was picture-perfect

"The easiest way to think of options," wrote The Market Skeptics's Eric deCarbonnel in a prescient 2009 post, "is as a type of insurance. Investors pay a premium to protect themselves against sharp swings in the market. If these sharp swings don't happen, those selling options (option market makers) keep the premiums as profit."

"In a legitimate free market," he continues, "every MORE

Is Apple ripe for a stock split?

After six years and an eight-fold increase in share price, maybe it's about time

On Feb. 28, 2005, with Apple (AAPL) trading at $88.99 a share, the company issued a 2:1 split. The stock closed that day at $44.86. Within a year it was once again selling for more than $80 a share.

At The Mac Observer's Apple Finance Board, where the question of whether Apple is about to split has come MORE

Apple pops on Goldman note

Opens $3.79 (1.2%) higher after the firm resumes coverage with a $430 price target

Goldman Sachs (GS), one of the few major U.S. investing firms that wasn't covering Apple (AAPL), resumed coverage Sunday with a price target of $430.

The stock reacted immediately when trading began Monday, quickly setting an all-time intraday high of $325.06 as 1.4 million shares changed hands at the opening bell. It gave up some of its gains MORE

Apple closes above $320 per share

Apple (AAPL), which has been trailing the market recently, reversed the trend on Monday and closed up $2.71 (0.85%) in a down market to set a new all-time intraday high of $322.33 and a new high closing price: $320.15.

A few useful stats courtesy of the Wall Street Journal:

Kleiner Perkins gets its digital groove back on

After taking a long detour into green-tech investments, the storied venture firm is returning to its sweet spot: the Internet.

Just two years ago people (including Fortune) were fretting that venture capital firm Kleiner Perkins -- an early investor in Netscape, Amazon (AMZN), and Google (GOOG) -- had missed the wave on the latest round of hot Internet startups in favor of a slew of risky wagers on "green" energy. (See MORE

Shopping for tech

After two years of tight budgets, big companies have started spending money on information technology again. Who will be the winners in the new replacement cycle?

By John Curran, contributor

The forecast was alarming. When Cisco CEO John Chambers announced the networking giant's latest quarterly earnings on Nov. 10, he warned Wall Street that, due in part to cutbacks in spending by budget-strapped governments, sales for the next three months would probably MORE

How not to interview a hedge fund legend

If CNBC's Erin Burnett weren't born yesterday, she would know that when Julian Robertson likes a stock, he really likes it. When he ran Tiger Management, one of the early hedge funds, his motto was "find the 200 best companies in the world and invest in them, and find the 200 worst companies in the world and go short on them."

But she was born yesterday. So she began her Robertson MORE

Crowd-sourcing your investment portfolio with Quovo

From the wreckage of Lehman Bros., a young, pedigreed banker has a new take on using the wisdom of the crowds to help users make wise investment decisions.

By Mina Kimes, writer

As Lehman Brothers slid towards its demise in the summer of 2008, many of the investment bank's younger staffers found themselves with time on their hands. One banker, Lowell Putnam, says his team passed the hours by working on their personal portfolios MORE