$1.82 vs 1.42 First call estimate. Wow! I saw it trade over $200 a bit ago.
IT
Apple Earnings Blow Away Estimates
Started by
IndexTrader
, Oct 19 2009 03:40 PM
16 replies to this topic
#2
inamosa
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Posted 19 October 2009 - 03:46 PM
At $204.50 right now
"Our job is not to predict where the market will go, but to interpret daily price and volume action to ascertain the facts of the current environment and make decisions based on that interpretation."
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
-Scott O'Neil (son of William O'Neil), Portfolio Manager at O’Neil Data Systems, when asked where the Dow would go in the coming months
#3
CLK
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Posted 19 October 2009 - 03:52 PM
I figured they would, only I wasn't interested in trading it
with calls, INTC went up almost a point the next day and the calls
were actually lower due to some kind of inflated demand quotient
or something. Nice pop for the NQ traders though.
#4
watcher
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Posted 19 October 2009 - 03:55 PM
Is the all time high around $201?
WHC CM U ?
#5
T.A. MASTER
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Posted 19 October 2009 - 03:58 PM
Is the all time high around $201?
Yes. And it was a great resistance point which should turn into the base for the next range
#6
IndexTrader
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Posted 19 October 2009 - 04:56 PM
Is the all time high around $201?
According to my chart the all time high is 202.96
IT
#7
opinionated
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Posted 19 October 2009 - 05:05 PM
Im a bear here st but the only hope the bears have is if, and when sentiment flips more bullish. At this point I am afraid the bulls will pile on here all the way to 1125 -1130 in that case the decline won't happen. Cycles, TA, everything says we top here. But I just fear shorting because its crowded. What earnings are due out next? As I posted days ago expectations are so low its easy to surprise. That and I'd expect another round of broker upgrades here. Sigh,.. bears be careful... We have a 10-15% quick decline coming but not when everyones positioned for it. I'd like to hear Dev's , semi' others viewpoint on this.
#8
dasein
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Posted 19 October 2009 - 06:51 PM
i think vol exxpands a lot before events like that so the vol collaps is what sucks out prem from the calls
best,
klh
klh
#9
porsche911sg
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Posted 19 October 2009 - 07:30 PM
But the P/e at current earing for the quarter stand at 204/(1.86 x 4) = 27.41Is the all time high around $201?
Yes. And it was a great resistance point which should turn into the base for the next range
not much logic here
The market catches almost everyone on the wrong side. We always seem to get fake break out before that huge dump or the hugh dump before the false break down! Trade Safe!
#10
IndexTrader
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Posted 19 October 2009 - 08:05 PM
But the P/e at current earing for the quarter stand at 204/(1.86 x 4) = 27.41Is the all time high around $201?
Yes. And it was a great resistance point which should turn into the base for the next range
not much logic here
The earnings this quarter were 46% higher than a year ago. So what PE ratio would be "logical" to you for a company growing earnings at 46%?
IT
