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Should Apple Investors Feel Good About Yesterday's Rally? [View article]
Yes! Apple investors (investors not traders) should feel good about yesterday's rally and the reasons and simple and obvious.
Markets were oversold last Thursday and recovered on Friday. Apple did not participate in a significant way because of the hype around the BB Storm (the latest supposed 'iphone killer'), and the reported long lines at some Verizon stores for the Storm. News over the weekend suggested the Storm turned out not to be the 'iphone killer' after all, so Apple rallied on Monday on this and other positive speculation about strong Mac Book sales, and maybe some short covering.
So, there you go; Apple investors should feel good, especially since the buy recommendations are starting to resurface.
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Yes! Apple investors (investors not traders) should feel good about yesterday's rally and the reasons and simple and obvious.
Nov 25 11:38 am
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All Comments by Shorting Should be Banned »Should Apple Investors Feel Good About Yesterday's Rally? [View article]
Markets were oversold last Thursday and recovered on Friday. Apple did not participate in a significant way because of the hype around the BB Storm (the latest supposed 'iphone killer'), and the reported long lines at some Verizon stores for the Storm.
News over the weekend suggested the Storm turned out not to be the 'iphone killer' after all, so Apple rallied on Monday on this and other positive speculation about strong Mac Book sales, and maybe some short covering.
So, there you go; Apple investors should feel good, especially since the buy recommendations are starting to resurface.