Very important you do not get caught up in AAPL. It is only meaningful right now to its share of an index or to the suppliers whose stocks will probably be affected. If you told me 6 months ago, that AAPL would be doing this, I would have said market was screwed…but RIGHT NOW, market…
Didn’t have a chance to scan tonight as I had a charity event. But…AAPL now becoming case study for me going forward. My thoughts have been simple. Everything AAPL has been doing for months…reminded me of every top of a big stock I have ever seen…and now the bad news comes out. Print it…
I will be watching how GOOG,IBM,CREE,ISRG act off big gaps. Really not thrilled with earnings out of GOOG and IBM but market doesnt care what I think. DOW futures up because IBM. NDX up because GOOG but S&P futures flat. LL on plan if it moves above $57.40.
CF moved out…CRM pulled in…not much else from names on service. Market remains strong. Amazing to see no pullbacks but with trillions being printed, anything possible. Careful about buying extended stuff. Tomorrow, GOOG,IBM,CREE gapping up. CREE may be a breakaway gap and may look to play. Also like LL moving above…
Miss Today’s Show? No Problem, Listen To The Full Show Here! Listen To Today’s Show Few Highlights From Today’s Show: Gary Dissects Obama’s Inauguration Speech: Gary gives you great insight on some of the key themes to look out for now and over the next four years. Market Wrap & Sector Analysis: Gary provides an in-depth view…
Futures up a wee bit…TONS OF EARNINGS. As stated over weekend, think you probe back EBAY…with stop more than likely 21 day…because that is where it just held. I just realized CVLT reports soon…so no play on that. I am still in hopes market does some pulling in. Cant tell where real…
I know. Today was the inauguration of Barack Obama, the 44th President of this great United States of America. It was also Martin Luther King’s birthday. I would love to celebrate also. Seriously…I would. But on this day, $3 billion of new debt was created. On this day, Ben Bernanke printed another $3 billion. On this…
For golf legend Phil Mickelson, the low 60s makes for a great score on the links — and a lousy tax rate in his home state of California. Mickelson said “drastic changes” are ahead for him due to federal and California state tax increases that have pushed his tax rate to what he figures adds…
No issues with overall market as it remains teflon. Poor consumer confidence numbers…crappy numbers in Europe…doesn’t matter as the Fed prints $3 billion/day…and that is not even mentioning Europe and Asia printing. I promise you one thing…EVENTUALLY, MAJOR INDICES WILL REVERT BACK TO THE NORM…WHICH IS A PULLBACK INTO THE 50 DAY AVERAGE. This can…
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