Apple Keeps a Lid on the Bulls
On Tuesday, someone asked me why I thought we weren't seeing giddiness in the market -- and the only reason I can come up with is Apple (AAPL), which just hasn't been able to get up off the mat. Poor Apple -- it went from the stock to own to one that's shunned.
I still think the "bear-taunting" is present -- and, in fact, it was significantly louder Tuesday. I expect that, if Apple can play beat-the-number in its earnings report, folks might take that as the "all-clear" to get highly bullish. Ahead of earnings, I don't have a strong view here. If the shares had already been trading above $510, I'd be more inclined to like it. However, it's sitting right in the $500 zone, so I can see it up big or down....334 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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