Awaiting Apple Results
The selling has slowed, but don't expect much to happen before Apple (AAPL) reports earnings after the close. The reaction tomorrow will tell us a lot about this market.
AAPL has been under tremendous pressure for nearly a month, and the big question is whether it has priced in sufficient negatives or undergoing a major change in character that has eliminated its Teflon shield. What complicates matters is that AAPL has been the master of lowballing expectations in the past. Everyone knew it played this game but was still able to produce massive surprises....141 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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