MONDAY WLL BE ANOTHER #$%$ REAMING FOR THE LONGS!....LOL...I THINK THEY LIKE IT!
“It’s going to be an ugly fourth quarter earnings season in the U.S., with tech-giant Apple expected to post its first profit decline in nine years. Furthermore, profit growth estimates for the S&P 500 have been slashed in half since October to 4.7%
sheepskinner 20 you sound very bi-polar. Hope you are taking your medication (we are dead serious about this and not kidding sir).
The fourth quarter earning season in the U.S. will be great with tech-giant Apple expect to post its best quarter ever. Furthermore, profit growth estimates will be upgraded because (1)GDP will be a positive 4% (2)the holiday season has seen sales up by 17% plus on line purchases have been outstanding (3)un-employment has gone down although still too high. (4)housing has began to go up price wise (5)Confidence is up (6) inflation is tame (7)companies are purchasing more IT (8)aapl also has (a)low PE (b)lots of cash on its balance sheet (3)great gross revenue (4)great net revenue (5)great management (6)great products (7)new products in the pipeline (8)new products in the designing stage (9)constant growth in revenue and profit (10)Products recognised around the world (11)products being a status symbol in lots and lots of countries .
So besides being bi-polar you don't know what you are talking about. Aapl will rise sharply next week.