It’s the rare special event that sends Apple’s share price up the next day.
According to the chart posted last week by Merrill Lynch. Apple’s share price rose after only 3 of the last 12 launch events. Things usually turn around within sixty days (see circles).
Click to enlarge.
My take: Buy the rumor, sell the news. Or better still, buy and hold.
[apple-subscribe]
Contact [email protected] for any questions or corrections.
Top Gaining Stocks
Top Losing Stocks