Tuesday, March 26, 2013

APP shot up 8% today as the rest of the retailers are trading more to the downside, very bullish. TTS is probably trading lower off of misinterpreted home sales data. Long term hold and sticking with it. CRAY continues to impress me and I still recommend it as a buy. AAPL investors are still waiting on news so the stock and underlying options are trading slightly lower, could turn green as the day progresses. Piper analyst Gene Munster says they will announce a modest dividend in the third week of April and a cheap iPhone next winter. Although the cheap iPhone could bring in a ton of revenue I hope AAPL comes out with something innovative to impress the Street as investors consider AAPL a company based on innovation. Watch list: CSV, GRPN, HIMX

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