The big earnings release on today will be Apple AAPL. The expectations are high and they are likely to deliver. But, judging from Intel, IBM and Google, AAPL stock is likely to decline after the release. We will also hear from many cyclical companies and I believe the expectations are too high to really reach even in this market of beating earnings. Still, it would actually be normal for AAPL to sell off here and re-gain some solid footing before heading higher in the next year.
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