Also like the long wick below today's candle - a Bullish "Hammer" -showing support underneath. This could be the bottom of the pullback. Time will tell.
"For Apple, expectations run high. The company has beaten analystsâ forecasts 97 percent of the time since 2003, and it only missed once â in October, 2011, according to Birinyi Associates." http://www.cnbc.com/id/47151382 These are pretty good odds!
I thought AAPL "beat" 9 out of the last 10, not 27 out of the last 28! Didn't realize the record was that good.
Apple Earnings Preview: Another Upside Surprise? (Yahoo! "Breakout" Video & Article) http://finance.yahoo.com/blogs/brea...=Feed:+BreakoutRss+(Yahoo!+Finance:+Breakout)
I've traded AAPL and made some quick profits, but to me this looks like a bubble. Be careful not to get caught up in it guys.
I bought strike 480 put, just a small position. looks in today's opening, I am doubled +. AAPL is pumped hard, it will crash hard.
"Appleâs stock averages gains of 2.6% from where it closes just prior to its earnings release, until pre-market trading begins the morning after the release. In pre-market trading the day after it releases results, Apple shares are, on average, flat, according to Pleines. However, Apple shares have fallen 68% of the time on the day after the company reports financial results." Uhhhhhh..... Do people bet money on info like this?
bought yesterday at 0.6, sold 80% of my holding at 0.85. will hold remaining till tomorrow. just risk free now too much expectation there, the unexpected looks inavoidable.
May $615 puts traded 63 today, wow. You all were crying about 1 lots and each one would be +$4k today. Only took 3weeks for 300%. I think it's funny when people tell the market where it should go. It's much easier to let the market tell you where to go.