Tuesday, January 24, 2012

Ahead of Apple Earnings...What To Do?

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Apple reports Q1 earnings after the close today, the stock has had a big move since ITZ suggested entry. >>READ and when ITZ noted an Island Top formation >>READ

Past earnings releases LINK

Here's a current chart and past earnings releases, the yellow are represents following 2 weeks.
Jim Cramer is spot on...if you trade Apple then sell, but as an investor hold and buy any pullback.
ITZ continues to hold to the $555 year end price objective.

Mad Money host Jim Cramer says investors need to be prepared for Apple to selloff when it reports earnings on Tuesday, but then be prepared to buy it the next day, but only if the stock is down.

Apple is out with earnings today after the bell on the same day in 1984 the very first Mac was introduced. Insight on whether the stock will see a correction, with Brian Marshall, ISI Group IT hardware/data networking analyst.

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