The Apple Love Fest Returns
Investor scorn over Apple (AAPL) after earnings seemingly has returned to lust. The stock has shaken off the post-earnings selloff and is looking to do so with vengeance.
Forget the market. Forget the dividend. Forget the new products. This bounce has everything to do with psychology. AAPL missed and guided lower, yet the world didn't end. When AAPL didn't continue the selloff after the initial report, traders and investors made the same determination they already all knew: AAPL was fundamentally cheap....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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