Another fantastic day. Doubt that the market will close below the 10dma tomorrow. Buy all dips, POMO tomorow, the rally will continue. The rig is in………….
Remember the infamous Yahoo Finance false print from July 3 was 3 months 14 days ago yesterday. I was wondering what cycle they were going to use with that. Friday was 74 trading days from July low (April to July low was 47 days), Apple printed .74 with that other # on Friday and it was also 407 trading days from 3-6-9 low. The rally off the March lows rocketed higher starting 74 weeks from October 2007 high. Friday was also 121tds from the April high continuing with the 11 motif.
The company also followed its typical approach of issuing a highly conservative forecast for the December quarter. Apple shares were halted for after-hours trades on Monday after closing up 1% at $318 in the regular session — setting a new high.
For the quarter, Apple reported net income of $4.31 billion, or $4.64 per share, compared to net income of $2.53 billion, or $2.77 per share, for the same period the previous year.
Revenue jumped 67% to $20.34 billion.
Analysts were expecting earnings of $4.10 per share on revenue of $18.9 billion, according to consensus estimates from FactSet Research.
Another fantastic day. Doubt that the market will close below the 10dma tomorrow. Buy all dips, POMO tomorow, the rally will continue. The rig is in………….
Remember the infamous Yahoo Finance false print from July 3 was 3 months 14 days ago yesterday. I was wondering what cycle they were going to use with that. Friday was 74 trading days from July low (April to July low was 47 days), Apple printed .74 with that other # on Friday and it was also 407 trading days from 3-6-9 low. The rally off the March lows rocketed higher starting 74 weeks from October 2007 high. Friday was also 121tds from the April high continuing with the 11 motif.
See that SPY fake print on stockcharta today??
QQQQ Tues opening bell ..my best guess is 50.6
AAPL didn’t beat the street by enough…only a 14% beat…That’s bad fo AAPL…It’s turning into a bad earnings season…
not too late to short QQQQ AH…it’s hanging in there, but overnight, overseas is going to tank, and QQQQ’s coming in gapped down.
IBM DOWN $5 IN AH, hope you shorted QQQQ
The company also followed its typical approach of issuing a highly conservative forecast for the December quarter. Apple shares were halted for after-hours trades on Monday after closing up 1% at $318 in the regular session — setting a new high.
For the quarter, Apple reported net income of $4.31 billion, or $4.64 per share, compared to net income of $2.53 billion, or $2.77 per share, for the same period the previous year.
Revenue jumped 67% to $20.34 billion.
Analysts were expecting earnings of $4.10 per share on revenue of $18.9 billion, according to consensus estimates from FactSet Research.
http://www.youtube.com/watch?v=yfl-K2WSebI&feature=player_embedded#!
with the rise of android phones and tablets – plus unemployment – wonder if this is the top for them