Showing posts with label euro zone crisis. AAPL. Show all posts
Showing posts with label euro zone crisis. AAPL. Show all posts

Tuesday, January 24, 2012

Afternoon Delight 01/24/12 - D-Day

This is gonna be a summary AD - tomorrow is the big day. One way or the other we get clarity and the FOMC behind us. I've walked us up to this point and all that is left is the FOMC meeting (well, and that Greek thing that was supposed to be over by now).

AAPL blew out earnings. One of the reasons my shorts were on hold for the markets.  Earnings in general are miserable, but apparently earnings don't matter anymore (except for AAPL).

What will potus have to move the markets tonight? It will mostly be a bunch of crap to move the masses promising things he will never deliver on, but the sheeple will soak up and worship.

FOMC tomorrow is the biggie. It will most likely be a non event but an event none the less. They'll keep verbiage similar and reiterate a weak outlook is my guess.