Strong stocks

AAPL...earning AH Monday.

AAPL went up from $278 to $315 in a straight line. That's 13.30%

Cramer pushed it up and also a couple upgrades. Adding to the fire today is GOOG earning. Cramer increased target from $300 to $325. It's almost there.

Seems like everyone thinks AAPL will beat because it used to. At this point it's risky to hold AAPL and bet on earning. Longer term AAPL has good business and management (pray for Steve to do well. His contribution is outstanding) . Money can be made after earning when we know the real story. Like GOOG, I did well AH yesterday and today and it's never too late. Remember that component shortage may cause a problem. This is the only problem I can see beside the huge run up.

If you are newer in investing, it's much safer to buy low and sell high especially when it comes to earning. You need to interpret earning report quickly, not just reading the head lines. Momentum investing is for the experienced traders.

If you own mutual funds, most of them own AAPL so you own AAPL without knowing it. Look at the top ten holdings of the Fidelity Contrafund , AAPL is #1 and GOOG #2. I own this fund (I do trade funds based on longer term chart)l.

RSI for AAPL is way high now.

Good luck and enjoy your love ones. earning season is so excited, filled with opportunities.

Cybercash28
 
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