9:00am (EST)

The market traded in a tight range on Tuesday as Wall Street awaited Apple’s (AAPL, $418.99, down $7.32) earnings announcement after the close.  The stock is a heavy component on the indexes and will sway market direction today and perhaps why traders were a little hesitant to take positions overall.  Expectations were super low Apple would beat expectations but they did.  We will talk about their earnings in our midday update but it should be good news for the bulls and today’s session. (continued…)