I believe will be selling this afternoon (the overall market). Many amateurs, (like me) think that Apple has gone down 200 points so it is bound to go up after the bell regardless of the report today. As Apple goes, so goes the market right?
I believe that Apple has further downside and will put the brakes on this entire market...
Just think this way...divide Apple by 100 and it has gone from 70 to 50 okay? Does anyone think the MM's can't punish this stock easily to 45 (450) or even 40 (400) before moving it back up?
The GOOG quarter was NOT that great folks...I am looking for a sell-off back to the 700 area sooner rather than later.