Wall street is looking for GROWTH stocks right now, hence the huge pops in GOOG, AMZN, NFLX etc...
The fact that they are growing revenues in this economy is huge. Earnings can come later. This is why
up big in A/H . Also has fair size short interest so could see a squeeze up further tomorrow. imho.
Nah....i think it may bounce a little for a day or 2 then it will probably take a run at breaking $1000/ oz by end of this week. Watch earnings this week of big co's (Msft, Ibm, Fb, etc.) if they all come in good or better than expected, kiss the $1000+ level goodbye as everyone will dump thier PM holdings to get into equities. IMHO.
I think it's only a matter of time before the watch explodes in popularity. I am planning on getting one for the ease and convenience of payments, texts,emails, notices etc.. without having to always take my phone out of pocket. The health monitoring benefits will be good to have as well. I Just never buy first generation of anything due to bugs, glitches etc. Ii think one day the watch will sell almost as many as phones. My opinion only.
With all their cash they could probably develop and build a kick a@$ gaming platform. Link it to all their
products and it would help drive sales.
AND call it the "CORE"!!:)
Should be good for a "few" points!
I think they will push things until we see DOW 20K before any meaningful pullback or correction. Probably in the next couple of weeks, then they get to pat themselves on the back while they take off for summer in the Hamptons!!