The market doesn't work like that, dude. If AAPL reports $8.00 EPS on Oct 28, it will be an earning drop from the same Q last year. What it will do to the share price depends on what the price is right before the earning. We are in a pre-earning run right now. If the run continues up to the earning day, $8.00 EPS will most likely cause the share price to come down.
This is the first time I have seen 5S ad on TV. It might be a sign that supply and demand balance is improving soon.
BTW, even it reports $8.21 EPS, it is still an earning drop from the same quarter last year. So, if the pre-earning run continues, it will be most likely a selloff on the earning news.
It needs more buying orders willing to buy at higher prices than the number of selling orders.
This isn't how the market works, dude. If you place a limited order for $511, what it means is to buy at any price up to $511. Since it is trading around $508 and changes, your order will in effect buying at the market's asking price which is still lower than $511.
No one knows but it is in the middle of a pre-earning run right now. Watch the RSI. If it gets close to overbought, you might want to take some profits.
We had this discussion before. The goal of selling covered call is to gain from time value decay. Roll out is considered as a single 2 legged trade and you pay less commissions than putting in a buy order and a sell order separately. But if you insist they are two trades and the trade is a loss than so be it. There is no point to explain it anymore.
Don't jump into conclusion, dude. No one really knows how many iPhone 5Ses are being produced every day. Also, I think a lot of the 5Ses are held up for the second round of the international launch which may cause the shortage look worse than it is.
Actually, if you add up all the taxes together - federal income tax, state income tax, social security, Medicare, capital gain tax, sales tax, property tax, gas tax,...a middle class American might be paying more than 50% of his or her incomes in taxes. I know I do.
As I had said before, there are three ways to do thing: the right way, the wrong way, and the government's way. You can never tell what a government will do for it usually doesn't follow common sense.
It is the high of Oct 7th which is the high of the recent trading range. We are in a triangular consolidation right now with the 50 DMA as the bottom and 492 as the top. It is because AAPL is a prove-to-me stock in the eyes of the traders. Most of them don't know what the earning will look like and they don't want to take the risk. Sooner or later, the pattern will break. If it breaks out it means more traders are willing to take the risks betting on earning beat.
You are right. It needs to take out 492.65 to have a chance to run to 497 resistance. If it breaks that than we can have a pre-earning run.