'Fast Money' Recap: Apple's Big Lift

Stock quotes in this article: AAPL , TXT , APA , CAT , IOC  

NEW YORK (TheStreet) -- The markets could be headed up Tuesday on the strength of Apple's(AAPL Quote) crushing earnings report.

At the close of trading Monday, the Dow Jones Industrial Average had jumped 96.28, or 0.96%, to 10,092.19, while the S&P 500 had gained 10.23, or 0.94%, to 1,097.91. The Nasdaq had added 19.52, or 0.90%, to 2,176.32.

Melissa Lee, the moderator of CNBC's "Fast Money" TV show said Apple soared to all-time high of $204.60 in after-hours trading on a earnings report in which she said Apple beat on every metric in its report.

For a breakout of some stocks from a recent "Fast Money" TV show, check out Dan Fitzpatrick's "3 Stocks I Saw on TV."

3 Stocks I Saw on TV

Peter Najarian said the only area Apple could improve on is overseas sales, which accounted for only 46% of its total sales. He said that could be an incredible upside opportunity for Apple.

Joe Terranova said he was impressed with the 70% jump in Mac sales as an indication of the strength of consumer spending.

Guy Adami said that if the trading volume on the stock hits north of 50 million shares Tuesday, it may be time to take some profits or short the stock.

Jim Goldman, a CNBC reporter who was listening in on the conference call, said Apple's numbers were "phenomenal." He said Apple is even offering revenue guidance is in right in line where analysts are expecting.

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