Wednesday, January 21, 2009

Will The Apple Shine

We have been skeptical of Apple's growth for awhile and have expected its stock to trade lower. Of course, the stock is lower but so far it is related to Steve Job's health. We don't have any special insight into Apple's earnings but this is a company that has been loved by most. We have assumed the market can't finish its down downward trend until a stock like Apple disappoints investors.

Today, Apple reports its numbers and any slowing of its business may upset investors and drag the broader markets lower. Stay tuned.

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