Monday, October 18, 2010

Hotcakes are Selling Like iPhones!

Today is the day for $AAPL and $IBM to report earnings.

These stocks are heavy hitters in many ETFs and mutual funds. So we who are long hope that there will be a positive reaction to whatever is announced. Because it's not the news that matters, it's the reaction to the news that matters.

Let's face it. We know Apple is selling iPhones and ipads like they were hotcakes. Heck, the pancake restaurants are going to change their slogans to "our hotcakes are selling like iPhones."


Monday. Bleh.

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