Indices pulled back slightly after major gains....
Internals were negative....
Strong stocks included AAPL,PCLN,LDK,DQ,
MA,CREE,STP.....
AH GOOG blew past analysts estimate in Sales & EPS....GOOG AH closed UP $49.07 on AH volume of 1.49 million shares..our resident guru of CNBC Jimmy the Cramer bashed GOOG in stop trading saying it is NOT in the category of AAPL or has any growth profile .....BUT ER proved him & all Fast Money gang wrong....
AH futures UP
AH Asian markets Mixed
AH Oil Down
AH Gold UP
BLOG does NOT give buy or sell.
Saleem
7 comments:
SALEEM
You the MAN--APPLE is up pre market
after the GOOGLE block buster earnings - wow.
J Cramer is a fantastic showman--but very opinioned and wrong on lots of his calls. On APPLE he is right on I think apple could go to $310 today--Maybe?
The financilas are still hurt--yeks
Have a great weekend
best to all!!!!!!!!!!
Hi C,
Thanks for your feedback.
It is important NOT to follow anyone with all the calls..Jimmy the Cramer is WRONG most of the time & is generally LATE to the party.
AAPL has made me "serious money" which is very nice.....I will take $310 & run.....
Saleem
Saleem,
I joined in the AAPL crowd yesterday at 304 AH. I heard the target at $500 this morning? Hope it will go to $400. I will laugh with my money to the bank. You have been right all the time about AAPL before any analyst.
Michael
HELLO TO ALL
Do not look now but APPLE is at $307
More to come the volume is not as high as I would like--but their are loads of small buys and that means huge interest-With google up $50 APPLE should go up at leastg 10-15 bucks
Looking for $10 today
I bet SALEEM stays on board and hold out for $325 J Cramers target back in June Now he says it is $400 who knew?
LOL
Best to all
Hi Michael & C,
I took $310 & ran for now....will look for another entry point in AAPL to day or Monday !!!!
Good luck with your OWN strategy..i have much shorter time frame based on elevated level of this market.....
Saleem
Saleem
this market is way elevated
I just gotta belive that APPLE rules and will continue to until earnings they as I predict they will be blow out earning both in recored earning and profit and if APPLE give any kind of positive guidence --look out $350 at least
But you gotta be scared of the market when it has climbed this high --so fast too
this is all of my musing
best to all
Hi C,
We all have to guard against "sell on the news" especially IF stock & market s are making new highs...
There is no doubt that AAPL will beat & be very optimistic about future.....BUT how much is that priced in & @ what level????that is a million $ question & none of us have the answer until after the fact !!!!
Saleem
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