July 24, 2012

$31 MOVE IN APPLE PREDICTED

An analysis of options trading in Apple (AAPL) shows that traders are expecting a move of about $31 in shares of Apple post earnings. As usual, bullish option players out number bearish option players, but to a lesser extent than in previous quarters just before earnings.

In my analysis, a move over $50 isn’t out of the question. The reason is that there is an unusually high variance between analysts’ estimates for the last quarter as well as for the current quarter.

One of my favorite Apple indicators is my Apple email indicator, and I get a large number of emails related to Apple.… Please click here or the title below to read more.

July 24, 2012

4 FREE LUNCHES BEFORE APPLE’S REPORT

On Tuesday after the market close, Apple (AAPL) will release earnings. The consensus estimate is $10.35 for earnings per share and $37.23 billion for revenues.

There is a big variance between the estimates by analysts. The low earnings forecast is for $9.45 a share while the top end is $12.51; for revenue, the low estimate is $34.54 billion, and the high is $41.73 billion.

There is also a big variance in estimates for the next quarter. The low estimate for earnings is $9.18 a share, and the high is $12.53; the low for revenue is $34.18 billion, and the high is $44.15 billion.… Please click here or the title below to read more.

July 24, 2012

TAKING PROFITS ON QQQ

This post was just published on ZYX Short Sell Change Alert

Consider taking profits on QQQ right here around $63.05 and exiting the position.… Please click here or the title below to read more.

July 24, 2012

LOWERING QQQ STOP

This post was just published on ZYX Short Sell Change Alert

Consider lowering QQQ stop to $63.52.… Please click here or the title below to read more.

July 24, 2012

PLAN ON QQQ

This post was just published on ZYX Short Sell Change Alert

Based on the new earnings data, our plan on QQQ has changed. Teh new plan is to take profits and exit the position. Conservative investors may simply take profits right here in the pre-market around $63.52.

Aggressive investors may put a protective stop at $63.77. As the day passes and the stop is not hit, we will be looking for an exit point. Stay tuned.… Please click here or the title below to read more.

July 24, 2012