that should happen this week on earnings from apple..... year end nasdaq to 6000+....the nasdaq will start trading like it did in 1999 and the shanghai index of today.... no pullbacks either...
by the massive dip, this is the only time this week you will be able to get in on these markets at a discount, the nasdaq is up 5 days in a row, this is the buying opportunity of the week, the nasdaq is off about 15 points to 5076, should touch historical highs by Wednesday so just keep buying and buying, this is the dip, should be green in the next 20 minutes or so, the biotechs are dragging the market down but in a few moments they should be back up, remember no such thing as risk...
just did with TNA on its $3.00 drop, but I also hold shorts so right now Im hedging against my portfolio which is green now due to the sudden drop in the markets these last couple of hours....
man does cnbc love apple 3 articles in a row... Trading Nation: Trading Apple live! TOP NEWS & ANALYSIS Why 'sell in May' could be dangerous this year One strategist breaks down an old Wall Street maxim and whether it will work this year. • 10 stocks that almost always beat These companies are holding a ton of cash USAToday [/paste:font] The market double whammy investors fear most Stocks are waiting on oil benefit: Citi strategist Venture capitalist: No Nasdaq bubble, but... WATCHTrading Apple ahead of earnings Apple is about to break out. Here's why: Technician Apple earnings hinge on success of THIS: Analysts History: Apple earnings are a slam dunk. Buy it.
Too much going on. FOMC, EOM, Sell-In-May, etc...I believe both bulls and bears will somehow cheer during different periods in the next 2 weeks.
apple earnings $2.33 vs $2.16 $58 Billion Revenue 61.17 million Iphone sales Ouch ipad revenue down 29% to $5.43 Billion Mav Rev up only 2% to $5.62 Billion Q2 iphone revenue up 55% to $40.28 Billion Most of Apples revenue comes from the iphone, not a good thing...how long can they derive most of their revenue from the iphone?
1. The market keeps going up 2. Until everybody is crazy about the market 3. The market will then start to go down suddenly and sharply The same old cycle happened again and again in the history, there is no exception. Before condition 2 has been met, condition 1 will continue.
This sure puts things in perspective, SPY monthly chart. Basically straight up for the past three years.