Our call of the day is Apple, after Morgan Stanley analyst Katy Huberty came out with a note in which she reiterated her overweight rating on Apple, writing that all the noise around supply chain concerns is a buying opportunity.
Risk markets continue to deliver mixed messages to traders and market participants. The latest price action suggests more downside -- but first -- with a possible bounce to the 2750 level in the S&P 500, says Yahoo Finance's Jared Blikre, who breaks it down with Jen Rogers and Myles Udland.
It's do or die for stocks. Brian Shannon, CMT and founder of www.alphatrends.net joins Yahoo Finance's Jen Rogers and Myles Udland to break down the action in the SPDR S&P 500 ETF (SPY). Two time frames tell two different stories.
JP Morgan cut its price target for Apple for the second time this month. The firm also trimmed its earnings estimates, citing modest declines in iPhone shipments for this year and next.
Jennifer Rogers talks to Yahoo Finance's Editor-at-Large Brian Sozzi about Michael Kors, and whether their deal with Versace is a hit or miss, in this Call of the Day.