The Kirk Report

Failed Leadership

When leaders like Apple (AAPL) fail to ignite an upside move, you can best believe the bears are going to eat your lunch money if you're long equities.

In the end, it looks like I picked yet another good day to be away from the market. I apologize for the lack of posts and I'm afraid it will likely be more of the same tomorrow. However, if I'm lucky, I'll have everything done by tomorrow evening. ;)

Apple Fails To Impress

Good morning. Premarket futures indicate a weak open after Apple (AAPL) failed to impress investors with last night's earnings report. But, you can't blame Apple for the market's current sour mood - the string of heavy losses since the beginning of the quarter are starting to take their toll no matter what Greenspan has to say this morning.

Other than looking for a handful of attractive trades this morning, I'll be focused on getting the new computer workstation ready for use. I expect this task to fill every free moment I have for the next three days. Hopefully I'm seriously overestimating, but I kind of doubt it.

Needless to say, it will be very nice to have this major transition in the rearview mirror so that I can concentrate solely on trading and, of course, sharing more opinions and research with all of you. I have some good things planned for this website in the coming months that I think quite a few of you will really like.

Trade well out there and I hope you have a wonderful day.