Monday, October 19, 2009

Grace Under Pressure

Courage is grace under pressure.
- Ernest Hemmingway

If you've been trying to short, you're the one walking through that puddle (so far.)

As mentioned in the last post comments, the Qs are lagging behind again today, and AAPL has not exactly shown a stellar performance ahead of earnings. However.. AAPL typically sandbags their earnings, so we'll have to see how this story turns out after the bell. Very similar price action took place on GOOG pre-earnings, so be prepared for surprises.

Earnings after the bell: AAPL, TXN, ZION

Intraday comparison chart on Qs, SPY, DIA

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