Hayweed

Market Remains Bullish, But at a Price

As someone who has been long apple for years, the stock is up 30 points in the last month without a pause. The news flow on Apple is all positive and the rumour mill is in full force (china, tablet, etc.) I sold all my apple last week but kept the calls I wrote to make a few dollars as it drifts lower. Long term apple is a great stock, just not really a good trade at $165. The China news may be a catalyst but this is so widespread on news sites and blogs that I would argue that China is kind of priced in right now.

I would pick Rimm and AMZN as better short canidates than Apple but all of these stocks have been too hot as of late. Heck even SBUX is up 80% recently. Is the coffee biz that good as of late. My wait or lack of wait at SBUX is unchanged so this move is not sustainable either.

The 'New Look' Dow

Apple should be in the dow since they are clearly one of america's most admired and most successful tech companies. heck Apple should replace msft which is lacking any growth driver in the future

Wall Street Breakfast: Must-Know News

I hope Dull makes a smartphone. Anyone that can assemble parts into a pc can do the same with a phone. Dell can then transition from a mediocre box maker into a mediocre phone maker. What can dull add to make the phone smart or any good.