Apple, Yankee Pitching
Ok, Apple did it in a big way. I love being right and printing money! Lots of bears got slammed when the stock rose sharply. It was great until it faded about 4 pts off its high but still up 3.49 on the day. A little disappointing.
Phil "the savior" Hughes makes his major league debut tonight and the Yanks need him to be awesome. I'm much better picking stocks than pitchers but this will be interesting. I hope!
The market is in a rest phase now. For every WST there's a CBT. Of course there are more KNOL and AMX and PCLN in our portfolios than losers but the list still feels a little sloppy. It could last a few weeks, it could be over tomorrow. But the Apple news should have jump started the market more than it did. Nothing has changed in the big picture but unless MSFT earnings (up more than expected) get the animal spirits going tomorrow it may be a good idea to take a long weekend.
Phil "the savior" Hughes makes his major league debut tonight and the Yanks need him to be awesome. I'm much better picking stocks than pitchers but this will be interesting. I hope!
The market is in a rest phase now. For every WST there's a CBT. Of course there are more KNOL and AMX and PCLN in our portfolios than losers but the list still feels a little sloppy. It could last a few weeks, it could be over tomorrow. But the Apple news should have jump started the market more than it did. Nothing has changed in the big picture but unless MSFT earnings (up more than expected) get the animal spirits going tomorrow it may be a good idea to take a long weekend.
posted by David Geller at 7:11 PM
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