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AroniSmartIntelligence Sentiment Analysis on Sep 4, 2020

On August 29, 2020, Apple's (NASDAQ:AAPL) and Tesla (NASDAQ: TSLA) stocks remain in the record high range, when Apple price reached $504.05 and its market capitalization increased to $ 2.135 trillion. Tesla  price went up to $1,993.28. This string performance happened as  for Apple (AAPL) and Tesla (TSLA) were getting ready for  stock splits. The 4-for-1 stock split  happenned on Monday August 31, 2020.

Immediately  after the splits, the stocks for both Apple and Tesla shot up, respectively hitting $137.93 and $498.32. Then, something happened. By the end of the week, on Sep 4, 2020, the prices of the stocks of the 2 companies had significantly declined. Tesla stocks went from $498.32 to $418.32 or -16%.   Apple stock declined  from $134.18  to $120.96, or -10%. The question is now: what happened and what is likely to happen?

Apple's Stock Split Sentiment and Valence Analysis _ August 30,2020

Apple's (NASDAQ:AAPL) stock remain in the  record high range  on Friday, when its price reached $504.05 and its market capitalization increased to $ 2.135 trillion. The 52-Week Range was $201.22 - $515.14. Stock market futures  are higher, as getting Ready for for Apple  (AAPL) and Tesla (TSLA)  stock splits. The  4-for-1 stock split will happen on Monday August 31, 2020.

AroniSmartIntelligence Dominance Analysis of Apple Close Price Series

On Friday July 31, 2020, Apple’s stock hit a record high. The record came a day after Apple reported strong quarterly results. Apple beat the Wall Street estimates for revenue at $52.2 billion, hitting $59.7 billion, an increase of 11 percent compared to the quarter a year ago.

On July 18, 2020, AroniSmart™ team, leveraging the Machine Learning Time Series capabilities and Dominance Analysis of AroniSmartIntelligence™, looked at the trends of Apple Inc. (NYSE: AAPL) vs other 13 companies and came up with insights and projections on the dynamics (AroniSmart:AroniSmartIntelligence™ in Action: Apple (AAPL) Stock Performance Support Vector Machine and Dominance Analysis).