Hubert Senters here.
Let’s take a look at Apple. Big news Apple reported after the market closed. Apple beats on top and bottom lines. But the stock falls on flat on light guidance. They now have $237.1 billion in cash. That’s a little bit of a stockpile there.
And as you can see right now is trading down $16.18. It says it’s right there at $222. It’s not. It’s trading at like $212. And what I got do is I got turned into a smaller timeframe here for 10 minute and that will show up. There you go. In the over night session. Let me move my time frame really quickly for you. Hold on just a second.
There we go U.S. post and postmarked. There you go. Now we can see it. So you can see we had a nice little run up today both for earnings and now it’s selling off, very common. Don’t get caught up in all the earnings if you’re an investor in Apple. Obviously you’re holding it for long term. If you’re a speculator in Apple you can play it both ways.
Tomorrow, it looks like it’s going to gap down a little bit. But you’re going to have to wait 24 hours to see that before it opens up in the regular session tomorrow at 9:30 in order to trade it. You can see after hours here it’s down a little bit so be careful and protect yourself at all times.
Now talking about protecting yourself at all times the best way that I know to do that is number one have a trading plan that you know what your risk reward ratio is that is acceptable to you. In other words, you know what your risk profile is so I get pitched all kinds of different business opportunities.
Most of them I say no to. A few of them I will say yes to because I’m like okay, I can handle the risk on that one. Okay that sounds like a crazy ideal but I would be afraid to miss it. But I can handle the risk so I recommend that you do all of your trades. Number one, do they fit your risk profile? And number two, if they do can you handle that individual risk on an individual trade?
So we’re going to be doing a webinar on ‘’How to Potentially Profit from Current Market Volatility’’ by taking small calculated risk for potential large gains. Click CLAIM MY SPOT NOW to register for the webinar taken place Thursday that’s today November 1st at 7PM EST. Click that big yellow button and I’ll see you on the webinar.
Hubert.
