Carl could do the same for Apple!!!! Be afraid shorts, be very very afraid........
yeppers. not a good time to be short. technical traders will jump in here.
seems they got lots of talking heads to get through
I don't short. I swing trade in one account and invest in another longer term. Shorting in my opinion should be banned.
Again no. YUM has had continuous problems in China quarter after quarter. Tainted chicken, etc. I'm not surprised they blew it again. I really think we should focus on what the Chinese say tonight. GDP is expected to come in at 6.8 according to most analysts. Anything above would be a blessing 7.0 or above I think. We'll know in a few hours when they announce. Also there is a big activist investor conf tomorrow and Icahn will definitely be asked about his opinion on Apple since its his biggest holding. That man can do more to move the needle on Apple than any analyst ever could. I'm thinking we might see a little spike tomorrow unless the Chinese really disappoint us on slowing growth. I'm thinking positive. GL
No. YUM missed revenues actually citing weak sales in China. How can this help Apple? the beat on eps was due to cost cuts. not what analysts really want to see imo! Focus more on China's announced GDP which will reflect tomorrow's opening price.
Yes tonight I guess since it is at 10 a.m. Bejing time:
...Tear your eyes away from China’s swinging stock market for a few minutes this Wednesday. At 10:00 a.m. Beijing time comes the world’s second-biggest economy’s gross domestic product report for the three months through June. The economy may have expanded 6.8 percent in the second quarter from a year earlier, according to the median estimate of economists surveyed by Bloomberg News.