AAPL handily beats earnings AND actually guided next Q higher than analysts!
It relieves my dumb move of buying into the Nov180calls too early. It sank in front of my eyes about the time i noticed it usually settles (about 10:30 -11 am EST). Got in @7.3 & 7.6 tho a half hour later i saw it @ 6.5...
So, the historical pattern for AAPL is the next 2 trading days will be huge!!! usually followed by profit taking. But with the guidance they gave they'll get to 200 well before December (man i sure was staring at those Jan250calls...cheap). Short-term, i'm getting out on Wednesday or maybe place a trigger on Thursday. I will buy dips and sell quickly, with plans to buy Dec calls. From here, i am circling Jan for MacWorld...the annual stock pop... For now, the market environment will temper my buying.
On my "call" board this week are :
BRCM(23rd): who cares about this Q, guidance that includes their new chip that will be in all mobile fones that matter (iPhone, BBerrys, N series, etc) is what i'm looking at...if it dips go long...
VMW(24th): toss up. it's had a run up to this point but was shot down last tuesday...knife anyone? i will take my knife loss if earnings disappoint.
SNCR(25th): with the AAPL report 1.39 iPhones bodes well, but how many were actually activated with At&T? If they're involved w/the european telcos they'll be fine.
Oh one last thing...I can't stand Scottrade, this is the final straw... It's a good thing i have ameritrade... I will say hello shortly to Zecco for trading, while i use Ameritrade's tools. I mean c'mon 10 free trades a month and options ($4.50 + .50/contract), no that's how u make $$$...you cut costs.
Monday, October 22, 2007
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