Wednesday, January 21, 2009

Apple After The Close Today

Apple reports after the close today and the consensus estimate is $1.40 and the whisper number is $1.46. I hope the number is good in the face of a Jobs departure and a horrible stock market, a miss and it could get punished.

The futures are catching a bounce this morning and the all powerful 8000 level is the psychological and technical level to watch. The bulls also will want to retake the 815 level on the S&P.

Good look today, and i will see you on twitter.

3 comments:

Phase 2, said...

financials finally up and now you focus on apple?

upsidetrader said...

phase 2
they arent going to zero

Phase 2, said...

who isn't? apple or financials?

About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.