Power Lunch called and wanted to know my take on Apple earnings a hour before the announcement. Simple, for a stock like this to continue to defy gravity, it has to surprise everyone. That is the risk of high flying stocks. It's not good enough to simply do well when the valuations are this high. I suggested that in order to keep the party rolling (I'm not saying to buy or sell this stock), Apple needs to both surprise on iPhone sales AND show huge growth in services revenue. Well they did both and the stock was strong. By the way, of course I'm so excited to be on Power Lunch with Michelle Caruso-Cabrera (she was the very first person to interview me 10 years ago on Closing Bell) I said "headset" not "handset" - oh well, better passionate than dull. . .