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Green on the monitor screen is starting to appear: Apple, Google and Intel are all positive pushing the NDX index into the green.
Treasuries have sold off, giving up their initial gains and showing rising yields. This seems to be helping equities. Perhaps all hope is not lost.
Yesterday’s late day sell-off was possibly [...]
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With August almost in the books I believe it is worthwhile to look at some specific sectors and stocks relative to the major market averages.
For a reference point the SPX index started the year at a level of 903.25. So with today’s close at 1028.93 the overall market is up almost 14%. It is more [...]
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Flying somewhat under the radar, Apple (AAPL) is one of the few companies whose share price is actually higher than it was one year ago. The company has weathered the communication miscues of Steve Jobs’ health. Fundamentally, the stock is gaining market share in the personal computer space, selling more iPhones than iPods. [...]
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Just when the market appeared ready to fall further from a weak close, Apple (AAPL) came to the rescue with a shiny earnings release, beating expectations by $0.24 with its per-share result of $1.33. Revenue was also higher at $8.16 billion, gaining by 8.7% year-over-year and coming in slightly ahead of the $7.96 billion [...]
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We have had one Jobs report already this week with the big one coming Friday.
Yesterday, Steve Jobs released news that he is suffering from a hormone imbalance, which has lead to his weight loss. This has been chalked up as the catalyst for Apple stock’s rally the last two days. He announced he [...]
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Last night, Apple (AAPL) founder Steve Jobs bowed out of the keynote address at MacWorld, and this seems to be unsettling to traders this morning. The stock is down 7% to the $88.50 mark. Over 100,000 options have traded in this name already. Both the December 90 and 95 calls are trading [...]
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