OPTIONSMART MORNING UPDATE: Surging on strong earnings
October 20th, 2009 at 7:33 am
|
|
OPTIONSMART
MORNING UPDATE: Surging on
strong
earnings |
||
|
1. OUTLOOK: Apple beat estimates after the close, thanks to strong sales of Mac computers and iPhones. Shares jumped 9% after hours. Texas Instruments also reported results after the close. The chipmaker reported weaker quarterly earnings and revenue that topped estimates. Shares gained 3% in after-hours trading. Bullish sentiment prevails. More upside seen. U.S.futures point to a higher open.
|
|||
|
2. TRADING OPPORTUNITY: n/a |
|||
|
3. OUR FREE
MONTHLY TRADING RECOMMENDATION AUTO-TRADABLE WITH
PARTICIPATING BROKERAGES:
to be published in late
October.
|
|||
|
4. WISDOM NUGGETS: Some traders consider trading as a sort of gambling. Without planning and calculations, they throw money at the market. They should distance themselves from gambling behavior. Why a scientific approach is applicable? Markets echo similar patterns over and over again. |
|||
|
5. SPECIAL
OFFER: n/a Diversify your portfolio by receiving more frequent picks and trading alerts. Subscribe to our paid services!
|
|||
