Apple missed on earnings and the stock which has already fallen recently as is well of highs (last 12 months) is being pushed lower today. The stock will probably open closer to $95 (overnight indications) which moves it closer to the bottom of the recent trend channel. For those with larger portfolios ($150,000+) this could be a good price to start a position. This position would also benefit from a drop in the CDN$ (fingers crossed).
Please let me know if you are interested or e-mail back to check if this would be appropriate for you time frame and risk profile.
The views expressed do not necessarily reflect the opinion of Argosy Securities Inc. This does not constitute an offer or solicitation to buy or sell any of the securities mentioned. The information contained herein may not apply to all types of investors. Please consult a professional before making an investment decision.