Countdown to AAPL earnings

Greece, Spain, Holland…who cares?

All that really matters is what AAPL does after it releases earnings shortly after the closing bell on Wall Street.

AAPL is expected to earn $9.99/share on quarterly revenue of $36.7 bln.

If the stock rises: Risk on. The market seems prepared for a disappointment, so my guess is the risk is for a rally on better-than-expected numbers…

1.3220/30 remains resistance on rallies near-term while barriers at 1.3250 remain in play.

Featured Videos