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Market Down on AAPL IBM earnings
Tuesday, 19 October 2010
- staff
Hot Stock Picks for Tuesday 10/19/10
As we have indicated in our yesterday's market comment that the earnings from Apple and IBM will determine the market direction today. There you have it!
AAPL and IBM over all had great quarters, but the forward revenue guidance is what spooked the investors.
We believe the other sectors of the market will trend lower in sympathy and profit taking.
So, we would like our members to take a second look at our picks from Yesterday's and manage their trading day with a little more caution.
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