Weekly Bull/Bear Recap: October 10-14

Tyler Durden's picture

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broke433's picture

Can apple with it's blowout earnings buy Greece?

RobotTrader's picture

My bet is that either IBM or AAPL will miss and send the market back down to the 50-day.

Market is already overbought with the McClellan Oscillator at the highs and over 77% of the S & P 500 stocks over the 50-day EMA.

reload's picture

Robo? is that you? really?

surely its all bullish, money on the sidelines itching to buy the market.....the wall of worry will be climbed etc.

 

broke433's picture

I doubt apple will miss and if they do it's a good buying opportunity, most of my friends have already bought the new iPhone and they are switching over to MacBooks. With their iCloud, aapl will be locking in everyone to buy their phones, laptops, and tablets from aapl. However, they might not shock and awe Walstreet like they have for the past 20 quarters because of the huge cost in implementing iCloud. They might be at their peak however as Steve Jobs is gone but I say they have a good 2 years before they fall into the same category as Microsoft.

Everybodys All American's picture

Over 390 Bil. market cap. Does anyone believe this company going forward is worth 1/2 Trillion in market cap?

Zender67's picture

Glad to see you frequent ZH again.

Will Market reverse course or "melt-up" continue indefinitely?

MiningJunkie's picture

I an now engaged in Michael Lewis' "Boomerang" and just fininshed the first part about Iceland and am now in the section on Greece. I can't put the book down because it tells me that the entire global banking system is headed for a "reset".

J 457's picture

Great book.  Great author.  We're all screwed.  Buy farmland and water rights and seeds.

TheLooza's picture

Slovakia not slovenia.

uformula's picture

Thanks for the catch.  Changed it on the actual blog.  Have a good weekend.  

slewie the pi-rat's picture

-  The FOMC is in chaos.

nah;  just 'reflecting opinion'

they either replace the chairsatan or let him run the show 

he's running the show