
Buying anything now is a contrarian move–but I think Apple’s upside justifies the risk
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The options market says that the next battle between longs and shorts on Apple is set for May at $644
For the short-term I think the options market is a better guide to Apple’s share price than the fundamentals in Apple’s March quarter earnings report. And the options market is pointing to $644 as the next key price. I think Apple will eventually get above $650 a share but it may take a couple of attempts over the summer

Apple beats for March quarter by $2.26 a share and then guides lower for June–just as Wall Street’s cynics expected
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Apple reports earnings tomorrow–hope you’re ready for some gaming of the numbers
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Apple sells off for a fifth day; a chance to buy approaching
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Apple shows that a higher share price comes with some unexpected side effects
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Apple announces a 1.75% dividend starting sometime in July
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Now we know where Apple is going to spend some of that $100 billion–and other thoughts on today’s iPad 3 event
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The iPad 3 seems almost certain for March 7
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