Apple had a nice bounce after Tuesday’s earnings report, with the stock trading right up to the downtrend line at $104 – $106. Just to close the loop for readers from last week’s Apple earnings preview, and finish the “forward … Continued
July ’16 was a good month for the SP 500, with the main benchmark rising 3% – 4%. The Technology sector led the way, rising roughly 7%. ——————————————————————– SP 500 Earnings Data (by the numbers, courtesy of Thomson Reuters): Forward … Continued
Apple reports their fiscal Q3 ’16 after the closing bell on Tuesday, July 26, 2016, with Street consensus looking for $1.38 on $42.1 billion in revenue for expected year-over-year (y/y) declines of 25% in EPS and 15% in revenue. Operating … Continued
Apple’s importance to the overall stock market has long been known, with the stock (AAPL) being roughly a 3% market cap weight in the SP 500 and 1.6% of the SP 500’s total revenue. If we look strictly at the … Continued
Per Thomson, we’ll hear from 91 companies this coming week, in terms of 2nd quarter, 2016 earnings releases. Microsoft (MSFT), Intel (INTC) and IBM (IBM) interest me from the “old tech” perspective. Microsoft and IBM are doing a better job … Continued