AAPL earnings came out and the stock went down 2.1% after going up 0.6% the day before. The issue with Apple was that iPhone sales were down. It appears that Apple product devotees are waiting for the tenth anniversary launch of the iPhone 8 later this year. Nevertheless if you purchased AAPL in the run up to the earnings report you lost money. An alternative could be to buy options ahead of earnings reports. Investor’s Business Daily makes the same suggestion in an article about how stocks are set to fall on Apple earnings miss.
Investors should be careful of holding […]
A handy way to increase your income from stocks that you own is to make money selling covered options. If you are doing it right, you routinely look at your stock portfolio. You do both fundamental analysis and analysis of market sentiment. You keep stocks that you believe will continue to go up in price […]