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Thank you, that's what I

Fiscal Cliff

Posted by sanrafael on 29th of Nov 2012 at 11:26 am

Thank you, that's what I thought.  All these "pronouncements" have been market movers lately...we'll see on this one...

Fiscal Cliff

Posted by sanrafael on 29th of Nov 2012 at 11:08 am

Boehner is scheduled to speak...does anyone know the exact time?

Maybe reality is being allowed to kick in momentarily...

Thanks much!

Greek vote driving this..

Posted by sanrafael on 7th of Nov 2012 at 02:05 pm

Is that 3pm PST or EST?

Greek vote driving this..

Posted by sanrafael on 7th of Nov 2012 at 01:37 pm

Thanks much

Greek vote driving this..

Posted by sanrafael on 7th of Nov 2012 at 12:18 pm

I'm expecting a report that

NFP in 15 minutes

Posted by sanrafael on 2nd of Nov 2012 at 08:28 am

I'm expecting a report that we have moved to full employment this last week.  I think QE 3 just started to work!

What's the officer, problem?

AAPL View

Posted by sanrafael on 25th of Oct 2012 at 10:35 pm

What's the officer, problem?

But they only slightly beat on sales and guided lower for upcoming 1Q---The Hedge Funds are heading out for now, until they can start buying again at much lower prices...IMO

The Market just wants an orderly exit...because there will surely be selling tomorrow at the open---then probably a bounce because most of this report was already sold in the last month.  The Hedge funds want to be able to re-buy at wholesale prices... 

Back up yo VWAP for

AAPL View

Posted by sanrafael on 25th of Oct 2012 at 05:02 pm

Back up yo VWAP for the conference call---Steve Cook better do some fast talking!

It will resume trading at 4:50 EST---sorry about the copy and paste--I didn't know

AAPL---Ooops...seems it's just fruit after all...

Posted by sanrafael on 25th of Oct 2012 at 04:37 pm
  • APPLE 4Q EPS $8.67, EST. $8.75 - miss
  • APPLE 4Q SALES $36.0B
  • APPLE SOLD 14.0 MILLION IPADS DURING QTR, UNIT EST. 15.3M

But the uglyness is in the forecast. And this time it is not a low-ball:

  • APPLE SEES 1Q EEPS $11.75, , EST. $15.49
  • APPLE SEES 1Q REV. ABOUT $52B, EST. $55.07B

Stock halted so keep an eye on the QQQ as a proxy.

 

Institional selling

AAPL

Posted by sanrafael on 25th of Oct 2012 at 01:15 pm

(just a guess) but it looks like 'big boys' are selling into fear today...who knows what will happen after the close---only one thing is certain: there will be a huge volatility crush by tomorrow morning...I went long puts at the open this morning and will be out by the end of day or sooner, becaus the institutions often bounce up to VWAP for the close).  I agree that if earnings disappoint, i.e. they aren't as fantastic as usual, that the 580 or so level is where it may end up.  Make sure the popcorn is non-GMO :-)

Hold...

Posted by sanrafael on 25th of Oct 2012 at 01:02 pm

Hold...hold...hold...

Title: Great technical perspective...
Title: Tape action

I think we're going to

Moon cycle

Posted by sanrafael on 23rd of Oct 2012 at 12:13 pm

I think we're going to have a small "binary" event at 10am Pacific time this morning when the mini iPad announcement is made.  Vol. is a little more pumped up on the weeklies with aapl--even slightly more than usual during an earnings week.

Earnings privacy was breached  :-)

goog

Posted by sanrafael on 18th of Oct 2012 at 01:09 pm

Earnings privacy was breached  :-)

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