Skip to main content

Market Overview

Anne-Marie Baiynd On Apple: You Have To Think About Margin Calls

Anne-Marie Baiynd On Apple: You Have To Think About Margin Calls

Anne-Marie Baiynd was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick.

Baiynd, author of "The Trading Book" and financial analyst, went over a few issues and stocks in the show. Among them, she looked into Apple Inc. (NASDAQ: AAPL), which lost more than 11 percent over the past five trading days, but still is a cash cow.

Remember, the analyst warns, “when you start drifting this low – and we’ve got a lot of people that are bullish, you have got to think about margin calls; or spaces that are people getting close to the margin call, or they got to sell their winners to cover for their losers.”

Related Link: Apple Stages Historic Rally Off $92

Consequently, Baiynd added, “in these big spaces, we have thrown out the baby with the bathwater because we have to; it’s where the buyer or the trader gets in position,” either closing to cover or getting called on margin.

Baiynd then went on to assure Apple is definitely on her radar and looking attractive, and not broken like many have said. However, the problem is Apple “had dropped through a congestion space of $104,” which she expected it to hold. If it gets down to $97 or $98, the expert assures she has got “a trigger […] to make a decision” on the go. However, “that really does look like it is getting to be in a very pretty Buy zone.”

Shares of Apple closed down 2.5 percent at $103.12 on Monday.

Latest Ratings for AAPL

Apr 2021Morgan StanleyMaintainsOverweight
Mar 2021UBSUpgradesNeutralBuy
Mar 2021Evercore ISI GroupMaintainsOutperform

View More Analyst Ratings for AAPL
View the Latest Analyst Ratings


Related Articles (AAPL)

View Comments and Join the Discussion!

Posted-In: Analyst Color Long Ideas Exclusives Analyst Ratings Movers Tech Trading Ideas Interview Best of Benzinga

Latest Ratings

OSPNSidoti & Co.Upgrades39.0
PLTSidoti & Co.Upgrades48.0
LRCXArgus ResearchMaintains725.0
ROSTLoop CapitalMaintains145.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at