Market Opens Lower on AAPL and Earnings news
July 22, 2008
Once again AAPL beats estimates but is conservative with its estimates. We’ve seen this song and dance with AAPL since the early 2000s where the company guides conservatively only to beat those estimates next quarter. Monday night’s release showed that playing earnings can be very dangerous. Use history, more importantly use CAN SLIM developed by William O’Neil. He has taught us that the big money is made during fresh bull markets. Unfortunately, we do not have a new bull market…yet! Time to continue studying Josh’s past big winners, cash heavy, and keep our losses small!
Aloha
Subscribe To Site:
Related posts:
Comments
Comments »
No comments yet.