Market Opens Lower on AAPL and Earnings news
Posted on Tuesday, July 22nd, 2008 | In Uncategorized
Contributed by: Market Speculator (http://market-speculator.com) -
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
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 About Market Speculator (http://market-speculator.com)
Market Speculator began his market career shortly before 9/11/01. The methodology he uses comes from the greatest stock market traders of all time; Livermore, Darvas, O’Neil, Dryfus, etc. Decision making is based on price and volume while stock screening is done by growth in fundamentals. Much like William O’Neil’s CAN SLIM approach to investing Market Speculator focuses on a narrow amount of stocks and lives by cutting his losses early. |
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