i expected the guidance to be higher - it is still a raise in guidance and apple is still a very low p/e, so it could rise, but not the explosive upside if the numbers had been better. even an old dog of a tech company like microsoft is growing revenues. why is apple not growing revenues - the answer is tim cook.
yes so true denihilist - this is why i was trying to warn people last week about not wanting to see aapl going up into earnings as it would not be good to see that - as it usually means a stock sells off after it reports - regardless of beating or missing.
because the beat was already factored in to the share price. this is why i wrote last week that you don't want to see aapl going UP into earnings - because usually, that means that a stock will sell off AFTER it reports - regardless of a beat or miss! you want to see a stock sell off going into earnings.
look too at calls and puts and see which ones are cheap (like under $2 for aapl) and which ones are expensive (like over $6 for aapl) - and which cheap call or put has the highest in volume - or close to having the highest in volume - and then you buy at one of those strikes - where the cheap price is with high volume. today, that was at $490 and lower on the puts side - the $90 and lower puts were selling at less than $2 BUT had really high volume! so, that alone suggested that aapl might sell off after it reported. the going up into earnings was another suggestion that said it could sell off after it reports.
BUT, tomorrow, once aapl gets down to say $500 or so (maybe down to $475 as a low price) , you could then see it reverse course and go up again - and why?? because at $475 to $500, the calls there will be cheap - and so, the options guys can buy the calls there and then drive aapl back up to $530 again and collect on those calls by driving up those calls' prices!
that's the game the big guys do!! they do it over and over again! there's no guarantee though they'll run the price up to $530 after tomorrow - but i will say that on wednesday, the price should be higher than tuesdays close IF the price on tues closes at $515 or less.
it's unfortunate for the little guy - if this kind of stuff (re options and price action going into earnings) isn't known ahead of time. this is why i posted the info about it last week - plus posted today that the $490 puts should be bought due to them being cheap - just as an insurance even i wrote.
ya, so this is why i posted about this last week on here as i just wanted to warn people of what could happen after earnings if you see aapl going up into earnings.
it sucks - i know!!! but this is how the big bankster boys like to play things! sucks though for us little guys :( unless we can figure out their game - and if you watch things long enough, then their game can be figured out - for the most part anyway - more times than not anyway.