Known as one of the greatest scientists of all time, Isaac Newton was a physicist, a mathematician and astronomer. He is the father of modern physics and calculus and legend has it that he discovered gravity when an apple fell from a tree and landed on his head. Students at MIT this morning have crushed his theory as they claim an Apple can only go up. The data is in its early stages, but insiders say there were many references to Steve Jobs.
The market should love Apple’s number. A clear blowout, without any help from the iPad…until next quarter. Apple’s guidance was sandbagged as usual, Apple wouldn’t be Apple if they didn’t sandbag, and it’s just one of the many reasons we love them. Products are flying off the shelves, yet I stay completely satisfied with my new jury rigged Newton to Prodigy set up. My trusty Commodore is there if all else fails. Apple will NEVER go down again.
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Wednesday, April 21, 2010
Economic
10:30 DoE Crude Oil/Gasoline/Distillate Inventories
Events
07:00 MBA Mortgage Applications. Trades Ex-dividend: CVS $0.088.
Earnings
Before the Open: ABT, AAI, MO, AMB, T, ATMI, BA, CNH, CMA, COV, ELN, EMC, ECA, FCF, GENZ, HBAN, KEY, NITE, LH, LMT, LUFK, MAN, MEG, MCO, MS, NVR, NYB, PJC, PII, DGX, STJ, STI, TIN, TNB, UTX, VSI, WFC. After the Close: AFFX, ADS, ACF, AMGN, AF, CMG, CTXS, CNS, COHU, CYH, CSGP, CVA, DST, ETFC, EBAY, EQIX, FFIV, FNF, FWRD, GGG, HNI, HUBG, HCBK, ISIL, KNX, LRCX, LHO, LEG, MLNX, MCRI, NFLX, NTGR, NE, NVLS, PTV, PTP, PLCM, QCOM, RJF, RCRC, SNDK, SLM, SBUX, TER, TEX, TCBI, TSCO, TBI, URI, VRTX.