Apple Beats on the top and bottom line!

Apple reported EPS of $3.03 per share, beating the consensus estimates of $2.84/share. Revenue came in at $64.04 billion, vs estimates of $62.99 billion, iPhone and services revenue were also better than expected. Apple also guided their most important upcoming quarter to the top end and has a chance at breaking their own record if they hit $89.5 billion.

Check out this great write up of AAPL's earnings here:
https://realmoney.thestreet.com/investing/technology/apple-gains-on-an-earnings-beat-and-solid-guidance-7-key-takeaways-15147523



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Trade Update

In an earlier post I mentioned that I was looking to begin a position in MasterCard. I set a limit order for $260 and it hit. Now a few days later and it’s over $270 already! This is my 3rd time being in this stock. I owned it 10 years ago and wish I never sold it!

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Market rips higher despite Amazon’s miss!

What an amazing turnaround the last day has been! Amazon reported earnings after the bell yesterday that missed on EPS and offered softer holiday guidance than the street was looking for, and the stock was HAMMERED in the after market! Amazon was down over $140/share at one point! Now as of this post the market is up almost 200 points on the day and the S&P 500 flirted with its all time high as well. Amazon is only down $27 per share now! Almost every analyst came out last night or this morning and said that they would use today as a buying opportunity and get shares on sale. Amazon continues to grew revenue not only with their 1 day delivery online business, but also through AWS which is their profit generating