Turnaround Tuesday lived up to its reputation As markets found support & turned UP....
Nasdaq was the biggest % gainer @ close.
AH SNDK & YHOO ER was greeted with enthusiasm as they both BEAT expected EPS.....sales were softer on both.....SNDK & YHOO both UP AH......
Futures are kind of flattish with mini RED in all indices....
There IS tremendous interest in "buying the dips" as several trillions are waiting to get IN.....
AAPL reports AH Wed....interesting commentary today from Gene Munster from PJ who is the declared bull on AAPL...he is predicting a slight MISS on EPS...which was a surprise to me???
Among the gainers today were :
RIMM,GNK,IPI,PMCS,CCJ,EXPE,AMTD,AAPL,
GS,MA,V,LULU,TOL,EGLE,DSX.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Yeah, the crowd was seesawing on AAPL. It may take a dip right after earnings. It's been played up to this point. This may be the trend again. Hype up to earnings then sell the news. Let's see what happens! Drama! The media loves developing drama! A nice dip would be a great opportunity.
Best Regards
Hi Standards,
Yes....would love to buy AAPL cheaper....
Saleem
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