Eric Kuby
Eric Kuby
corporate damaged earnings fuel further hopes market rally reports strong
The hopes that you're going to have strong corporate earnings fuel the market to rally further are significantly damaged by the reports we've had so far.
apple coloring current good iran mood negative news political positive seems support turmoil turned week
The political turmoil in Iran turned the mood from positive to negative going into the week and that seems to be coloring people's interpretation of the earnings. My sense with Apple is that in the current mood of the market, no news would have been good enough to support the stock.