Stock of the Day — (AAPL)
Well I missed hearing the CNBC stock of the day this morning as I was busy pouring anti-freeze in to my car radiator, so why not just go ahead and nominate Apple Corp. (which announces earnings tonight after the bell), as the stock of the day:
That’s a fairly simple pattern to analyze; a long grinding recovery upwards to all-time highs. With IPad’s out there in the real, touchable world, my instinct is to “sell the news” on this one. Short-term bearish.
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