Yesterday and Today
Yesterday
Another slow day where the market started out lower and worked its way up, but couldn’t close on the highs. The Nasdaq did set a new record, and the SPX set a new intra-day record.
TODAY
E-mini futures are down right now but that doesn’t bother me. We are so close to the Dow, SPX and Nasdaq all hitting new all time highs that I think we have to make it. I am not surprised how the market is climbing in a slow and weak way, and I would not be surprised if something stupid like Greece getting a deal done today sky-rockets the markets.
AAPLE computers is twice the size of the next biggest company (Exxon) and 3% away from new highs, so I expect to see the stock above $135 by next week.
Though I expect a move up it doesn’t have to happen today. And yes, this is all leading up to an equal and greater opposite move.
Closing Prices From Yesterday
Earnings started 2 weeks ago
Right now 76% beat earnings
48% miss the revenue number
Today’s Number(s)
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