With Apple’s earnings due on January 25, a special media event on the 27th, and on the heels of a $9.11 jump (4.42%) and new all-time closing high of $215.04 for AAPL today, CNBC’s “Mad Money” host Jim Cramer says that Scott Brown’s Massachusetts Senate win tonight will mean a “gigantic rally” is in store for stocks tomorrow. Scott Brown (R) won 51.9% of the vote versus 47.1% for Martha Coakley (D).
“I think investors who are nervous about the dictatorship of the Pelosi proletariat will feel at ease, and we could have a gigantic rally off a Coakley loss and a Brown win,” said Cramer on Friday’s show, anticipating Brown’s win. “It will be a signal that a more pro-business, less pro-labor government could be in front of us… Pelosi politburo emasculation! Everything from the banks, which are usually in the Democrats’ penalty box, or the oils which are despised by this administration for being carbon, could be propelled dramatically higher all of this Tuesday night.”
Apple’s previous closing high was $214.01, set on January 5, 2010. Apple’s all-time high (intraday) stands at $215.59, set during trading on January 5, 2010. Apple’s 52-week low was $78.20, set on January 20, 2009.
CNBC’s video:
At market close, Apple’s market value stands at $193.68 billion.
For reference, some selected current market values:
• Microsoft (MSFT) – $276.14B
• Apple (AAPL) – $193.68B
• Google (GOOG) – $186.43B
• IBM (IBM) – $176.21B
• Cisco (CSCO) – $142.95B
• Hewlett-Packard (HPQ) – $124.71B
• Intel (INTC) – $116.24B
• Disney (DIS) – $57.83B
• Amazon (AMZN) – $55.25B
• Nokia (NOK) – $49.09B
• Research In Motion (RIMM) – $36.37B
• Sony (SNE) – $34.14B
• Dell (DELL) – $28.98B
• Yahoo! (YHOO) – $23.47B
• Adobe (ADBE) – $19.34B
• Motorola (MOT) – $17.66B
• Palm (PALM) – $2.25B
• RealNetworks (RNWK) – $624.28M
AAPL quote via NASDAQ here.
[Thanks to MacDailyNews Readers too numerous to mention individually for the heads up.]
So, Dow is down 200 points for the day so far.
But never mind! Electing Republicans is ALWAYS good for bidness!
…but.. um… excuse me… it looks like what happened is the opposite of what you said before…
SHUT UP! ALWAYS GOOD FOR BUSINESS!
….once again, reality has a well known liberal bias.
@ TeaBagger
it is a clear referendum over Obama’s agenda….
LOL! Last time I checked, President Obama had 50% approval to 43% disapproval (source: Gallup). In other words, a majority of Americans approve of the job he’s doing. Coakley lost because she was a terrible candidate who took votes for granted. In fact, according to Rasmussen, 53% of Mass. voters approve of Obama. So how can it be a “referendum” on Obama when most people there approve of him? It doesn’t make any sense. Use your brain, please.
way outside the mainstream hard working Americans who prefer personal responsibilities and freedom over tyranny.
LOL. Explain exactly what “tyranny” Obama is putting you through, please? Expanding health care to more people is “tyranny”? Wow, I think it’s actually pretty compassionate to save tens of thousands of lives. But that’s just me.
@ TowerTone
Are you Keith O.? Because that sounds exactly like what he said last night on MSNBC.
Are you Glenn Beck? Everything you say sounds exactly like his paranoid delusions.
Jim Cramer is GOD…….. He really knows his crap. NOT!
As usual, the village idiot is wrong again.
I love how the win was by a few percentage points and like Bush, it’s a mandate.
Obama wins by a few points and its a stolen election by a pretender.
Hubris is the best thing these ideologues have going for them.
I hope all your right wingers voted with your etrade accounts today and bought into the rally!!
Losers.
Jim,
Maybe you should be a pundit instead of a financial analyst
Of course the market plunged and Cramer probably made a fortune from all the suckers that followed his “advice”
“Are you Glenn Beck? Everything you say sounds exactly like his paranoid delusions.”
Really? Can you supply an example?
Maybe a quote and time?
I was serious about Keith as he had just made those same points as you.
Nice schoolyard comeback, though.
Really? Can you supply an example?
Maybe a quote and time?
Ok: Dec. 23, 2009, 9:57 PM.
http://macdailynews.com/index.php/weblog/comments/23436/P102/
You said the following, all of which were outright lies:
Lie #1: The economic meltdown was caused completely by the government and the banks had no control over anything
Lie #2: There was no budget surplus at the end of the Clinton administration.
Lie #3: The Chinese are “sick of Obama”
Lie #4: It’s not the government’s job to rescue a collapsing economy
Lie #5: Providing healthcare to 30 million more Americans is “raping” the Constitution (as is cap and trade)
So, Rob, since you don’t understand those points, they are a lie?
Really?
I believe those were also replies to accusations.
So, since I didn’t supply the points and only refuted them as most Coservatives would, that makes me sound directly like a Beck quote?
And you still believe that nonsense about the Clinton surplus which, like I have said before, if it existed, would have had more to do with the Republican Congress.
This really is child’s play.
Give me something serious…..or at least humorous.
Cramer just got pwned 😀
@ TowerTone
So, since I didn’t supply the points and only refuted them as most Coservatives would, that makes me sound directly like a Beck quote?
Laughable argument, TowerTone. The reason you sound like Beck is you live outside of reality and base your statements on logic from your fantasy world instead of logic from the real world.
Example: You agree with the following statement:
“Providing healthcare to 30 million more Americans is ‘raping’ the Constitution”
I claim that statement is so outlandish only someone delusional like Beck would agree with it. I claim that providing 30 million more Americans with something as basic as healthcare, thus saving tens of thousands of lives, does not constitute “raping” of our founding document. Instead, I claim that doing as much as possible to save the lives of Americans is essential to the security and general welfare of our country.
You disagree. Hence, you are aligned with the delusional Becks and teabaggers of this world.
Why did I even bother looking at the stock exchange results today, after the Republicrap win in MA? OF COURSE dimwit Cramer was wrong:
Dow Jones down 122 points today. Rah rah rah.
You have a 50-50 chance Cramer, and you blew it yet-again. Predictable prediction FAIL.
OH! So why would the stock market be DOWN after the Republicrap win in MA? Kind of obvious:
The Republidump’s 8 year rule of the White House stuck the USA and the rest of the world in the ongoing Bush Depression. Clearly, the market has no interest in Republidope rule all over again leading to more of the same old shite.
“So long as I’m the president, my measure of success is victory — and success.” –George W. Bush, on
Iraq, Washington, D.C., April 17, 2008
Rob
Providing health care to (insert whatever current number sounds good) is only raping the Constitution when it is done by taking over medical care, not by just providing insurance, as is done now anyhow, so those numbers are ridiculous to anyone serious about the debate.
Here is your Clinton argument.
I challenge you, since you called me a liar, to read and disprove these facts
http://www.craigsteiner.us/articles/16
You don’t get it, Rob.
I know a lot of Democrats and deal with many liberals, so when claims are made just to make your ‘team’ look good, you end up looking stupid. Of course that goes for Republicans, too, but you are so consistently off-base that you make all the smart leftist I know look foolish for having your type on their ‘side’.
@ TowerTone
Providing health care to (insert whatever current number sounds good) is only raping the Constitution when it is done by taking over medical care, not by just providing insurance, as is done now anyhow, so those numbers are ridiculous to anyone serious about the debate.
Absurd. Explain to me exactly how the government is “taking over” medical care. Explain to me how tens of thousands of people dead every year as a result of no healthcare are just “ridiculous numbers”. That’s just more Beck.
Here is your Clinton argument.
I challenge you, since you called me a liar, to read and disprove these facts
http://www.craigsteiner.us/articles/16
Wrong. Not sure what the author of that article is smoking, but the national debt decreased during the end of Clinton’s presidency. Observe the downturn:
Also observe the enormous uptick when the Republicans took over. Hiilarious.
I know a lot of Democrats and deal with many liberals, so when claims are made just to make your ‘team’ look good, you end up looking stupid. Of course that goes for Republicans, too, but you are so consistently off-base that you make all the smart leftist I know look foolish for having your type on their ‘side’.
LOL! I’m so “consistently off-base”? Explain how, please? Name one thing I’ve said that’s not factual. And this coming from Mr. “healthcare is raping the Constitution”? Laughable.
Well, if you can’t read it and understand it, not much I can do to help.
“Name one thing I’ve said that’s not factual.”
“tens of thousands of people dead every year as a result of no healthcare”
That was easy.
Now go stretch the truth in that statement to prove a point.
It doesn’t matter anyhow, the truth has no meaning to you.
I’m wore out and don’t care what you come up with.
But I am sure it will be on Wikipedia again so you don’t have to worry about those messy .gov sites….
@ TowerTone
But I am sure it will be on Wikipedia again so you don’t have to worry about those messy .gov sites….
LOL. You link me to a conservative blog, and rip me for using Wikipedia? How about this for a “messy .gov” site:
http://cbo.gov/ftpdocs/100xx/doc10014/March2009_HistoricalTables.pdf
Notice the budget surpluses for ’98, ’99, ’00, and ’01. Budget surplus is a specific term that refers to a surplus of revenues over expenditures in the general fund. Every president uses money from other government trust funds to use in the general budget fund. It’s included in the amount they are budgeted to spend. The CBO has scored every president the same way. Clinton was given X amount of dollars to spend in the general budget, and he ended up spending an amount less than X. Thus he had a budget surplus. It’s not rocket science, teabagger.
“tens of thousands of people dead every year as a result of no healthcare”
That was easy.
Are you kidding me? How about this Harvard study published in the American Journal of PUblic Health?
http://tinyurl.com/m2kmdx
How does the cognitive dissonance feel?
I’m wore out and don’t care what you come up with.
Typical neocon, quitting when you get slammed with hard facts. Fine, go off and hide in a corner somewhere, wingnut. I couldn’t care less.
Looks like the teabaggers and towertone idealogues are out breathlessly repeating worn-out mantras that have been tried and failed. Takes more than a few percentage pts by a self-proclaimed “independent Republican” who supports universal health care and abortion over an out-of-touch Dem to be considered a mandate.
Both political parties are corrupt, lately the Repubs slightly moreso in my estimation, and neither have a bit to do with Apple, except that it has a former Dem VP as a board member. Next issue.
Rob
A) The link I gave you had links to every point he made. It is obvious you didn’t read it or you would see why the budget surplus you keep talking about was only shuffling money around.
Here’s how you do it: let’s say your bank account is overdrawn $2000.00, so you borrow $2100.00 from the bank….Presto! Your bank account is no longer overdrawn. That’s all Clinton-and the Republicans-did to make themselves look better. Oh, and there is no such thing as Santa.
B) As I figured, those are not hard numbers, but from a study supplied by people looking for a specific point. It even says that study’s number is much larger than another. What about all the people who die that have health insurance? Hmmm.
C) I am tired because my daughter is in the hospital again, so between working, going to sit with her and raising her two boys at my house, I have little resources for this trivial crap.
And BTW, she has no insurance but has been receiving excellent care and has yet to be kicked out into the gutter (thank you Medicaid).
Nice point, unregistered Mike.
Does the barber ever nick it by accident?
@ TowerTone
I’m truly sorry about your daughter. But her case exactly illustrates my point. Don’t you realize that Medicaid is a government run program? Without that, how would your daughter be receiving care? I’m subsidizing her care with my tax dollars. And I’m happy to do it if it will keep her healthy. Healthcare paid for by the government is not a “raping” of the Constitution. It enables people to receive care who otherwise wouldn’t be able to. It is profoundly necessary.
A quote from that Harvard study:
“Historically, every other developed nation has achieved universal health care through some form of nonprofit national health insurance. Our failure to do so means that all Americans pay higher health care costs, and 45,000 pay with their lives.”
This is not a study you can just trivially dismiss. It is the core reason we need healthcare reform. Obviously people who have healthcare still die. The study clearly accounts for that. It found a 40 percent increased risk of death among the uninsured. That’s why there are 45,000 needlessly dead. If we get universal healthcare, we can save those lives. That’s like preventing fifteen 9/11’s from happening each year. It is mandatory that we fix it. Anyone with a consience would agree.
TT & Real Rob…
With the best will in the world, your little argument is the equivalent of asking who brought the matches in the house when the fscking building is on fire.
Some undeniable facts:-
• The United States has a bit of a problem with Federal debt. The deficit is a big number with a lot of zeros and – like me – it’s getting bigger. Unfortunately, it’s getting bigger much quicker than I am.
• This doesn’t include various State, County and Local debt: Ronald Reagan may have shrunk federal spending, but a lot of it was sleight of hand by moving Federal responsibilities to the State level. What they did with it, I don’t know nor – to be honest – do I care. There’s still another layer of debt.
• The interest on the Federal deficit is crippling. And the US government doesn’t even seem to making the minimum monthly payment. Even worse, over 50% of the interest is repatriated overseas to people, some of whom really do have history in terms of hating the US as opposed to some of the ludicrous nonsense I have to read on this site regarding libs and repubs “hating America”. In several generations, the definition of masochism will change to include “funding your own enemies to damage your economy and execute terrorist attacks against you”.
If either of you have ever watched The Apartment with Jack Lemmon, you’ll remember the scene where Lemmon’s doctor/neighbour lectures him on “becoming a mensch”.
In the modern US, there is a collective lack of “mensch”-like behavior: not necessarily in terms of humanity, but in terms of having the responsibility to face up to a problem and the only realistic joint solutions which are: Stop spending money you don’t have on things you can’t afford AND WHILST YOU”RE IN THE MOOD start raising some money by raising a little more in tax from everyone. Start by closing every tax loophole you can!
Rob
my point is that there is already a safety net for people without taking away choices of others
MCCFR
my point is that we have been spending way too much, Clinton was no different, and we can’t afford the currently proposed health plan.
Sent from my iPhone in a hospitol that is part of the greatest health care system in the world….and a blazing Wi-Fi.