Will Close At $598 .... will either pop to $630 or dive to $560 after earnings.....
I think it will be the latter no way they beat the Chinese New Year's Q!!!! VZ and T numbers were still weak and they are giving the phones away up here in Canada meaning they are trying to drive up their numbers!!!
Anybody that read all the articles knows it is a very low movement earnings. You are actually giving it more credit than it deserves, a $20 shift either way is about all I expect. I expect about $18 up on earnings and then a $30 drop from there, providing an entry point for funds. This is a dead quarter for traders
Wall Street is painting red today so that the shares will soar that much more tomorrow. Wall street is shaking out weak hands ahead of earnings. It will be interesting to see how manipulative they are after the close.