Apple to Unveil Tablet-Based Device in 2010

" odds that the as an. Joining us now to breakdown what that means for the spot its papers investment research equities analyst Ryan Detrick. Life you know this tablet thing has been a whole growth for these type of companies for a long time. I don't know if you remember the Newton I think that was supposed to be like the ultimate tablet product what do you think it means for Apple now that -- around."

" Well thanks for having Charles but obviously the Apple what can you say they just always tomorrow products that people want and looking at this new product it seems like here's a niche there. Number one concern I have as it seems like. Portable I was reading was one -- earlier this year blimps are later this year now seems like you're push -- back to potentially earlier next year. So when you look at that -- look 45% doing extremely well -- shapers of the technology and try to do also Apple's definitely name want to own. But the one caviar does win this comes out as one sees -- brewers are leaking. The market wants -- out soon when -- one comes out that's the big concern for me right here and around we've got a chart -- for the stock as your firm and -- stock and would you recommend the cell abide still. Or not in the stock but as I mentioned we definitely think is -- owned. One that -- as we follow technicals along with -- number one thing my Apple people do love it analysts love it. The options market lot of calls bullishness on that doesn't mean it's limited down with too much optimism but it could mean potentially some better opportunities out there the latest that we do think -- keep going up at -- of 45%. Probably continue to go do well -- the market does well but definitely good holding for your overall core portfolio."

" Speaking of sentiment. You know -- it -- there might be a big soda tax congress is debating it looks inevitable we're talking huge taxes maybe. 100% up to 200%. We've got a couple of soda companies in -- fifty Pepsi and Coca-Cola are there's some major implications if there are such tax levied on these products."

" I think without question -- would be what I read was to look no almost a trillion dollars in taxes over the next two years help behavioral health health care issues that we have in this country so favorable effects of beer in the wind and the soda companies. They can't be good news. Now -- when you look at what the markets doing here we're seeing consumer discretionary doing very very well where consumer Staples and revered course consumer staple of course the big Coke Pepsi. The drug names and they did well last year now this year -- probably be more and more aggressive names like Al Hansen retailers that are out there -- avoid these with a negative news also just the structure of the market this present better price appreciation rights this year not that they're bad names but you can make more money in prime more aggressive things here."

" Even though you're technician looking at those charts it looks like a bolt on the cusp of perhaps a break out. Would you ignore it in the news that you know could hurt the bottom line if the stock was breaking out."

" Absolutely in fact -- Schaeffer is with the -- that when you have negativity you have skepticism like -- of Texas coming -- potentially if those shares from buck that trend that is very agreeable if you -- negativity in the Stockton well that shows just cries some more money on the sidelines just waiting to come in so if those can buck the -- go higher that's actually contrary buying signal absolutely."

" Okay let's go to the last one here Johnson & Johnson -- this morning big news. They're making an acquisition the company called cougar Biotech we've seen a big amount of consolidation particularly large cap farmer from wild Tex what does this mean for Johnson & Johnson stock in the industry large."

" Well obviously when you see the ministry -- see bigger firms buying smaller firms that's very bullish because you know that this consolidation along fundamentals are getting strong -- Jonathan got this nice to see -- moving into the oncology cancer area. My wife of 32 years old diagnose that cancer last year so personally hits me when I see these big firms doing this I hope you're so -- she's doing well now but I know there's so much potential there. And it just makes me feel good and a bigger firms looking to buy its smaller ones never worked together and trying to cure this disease."

" Thanks a lot Ryan in the in gob bless your wife I'm glad to hear she's so much better. Thank you appreciate throw some good -- now British are funny with the."