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Dr. Kris hails from the land o' lakes, beer, bratwurst, and Bucky Badger. She traded in her cheese hat for a propeller beanie and has never looked back. She has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her... More
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  • Intraday Market Notes: Apple Earnings--Hot Or Cold? -- January 22 0 comments
    Jan 23, 2013 4:06 PM | about stocks: AAPL, BBRY, NOK, GREK, HLTOY

    4:00 pm ET: The market melt-up continues albeit at a slightly slower pace than in recent days as traders and investors await Apple's earnings after the bell. Analysts agree that the sales figures for the iPhone 5 will be stellar but that's not what everyone is waiting for. No, revenues are already a done deal. What is piquing everyone's interest is how Apple will guide earnings and revenues for future quarters.

    Apple (NASDAQ:AAPL) is already feeling the heat from Samsung's suite of mobile and tablet products, and Nokia's (NYSE:NOK) new Lumia phone is attracting rave reviews from consumers and analysts alike. Many also feel that Research in Motion (RIMM) will hit a home run with its eagerly anticipated new Blackberry 10 which I'm sure comes as sweet news to loyal Blackberry addicts--I mean--users. It's also true that mobile carriers are using the increasing sales in iPhone competitors to pressure Apple into lowering its margins (the amount it charges carriers per phone). These are the numbers that will be listened for and scrutinized in today's earnings report and conference call. If anything, it should prove to be very interesting, and you can be sure that Jim Cramer lead off his "Mad Money" show with an Apple earnings debriefing.

    Notable Market Action: The Greek country etf (NYSEARCA:GREK) is testing its all-time high of $19.93. The stock has more than doubled from its low put in last June. Riding its coattails is Hellenic Telecom (OTCPK:HLTOY), a stock that we noted here last week (scroll down for more info). Since writing about it last week, the stock has advanced more than 11%. Last week Deutsche Bank (NYSE:DB) upgraded Hellenic Telecom from Hold to Buy. Note that Deutsche Telecom (OTCQX:DTEGY) holds a 40% stake in the company. Trading just under $5, the stock needs to quadruple to approach its all-time high near $20, so I'd say it has room to run! [Disclosure: I am personally long this stock.]

    Disclosure: I am long OTCPK:HLTOY.

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