From social media madness to the rocky rollout of Obamacare, our traders had you covered in a big week of CNBC's "Fast Money."
Monday saw the highly anticipated release of Apple's fourth-quarter earnings. The tech giant didn't disappoint, registering a beat on the top and bottom lines. But despite the surprise, the stock initially sold off on a weaker-than-expected gross margins projection for the current quarter.
Portfolio manager and Apple investor Ryan Jacob of Jacob Asset Management picked apart the forecast, saying, "I think a lot of the discussion of gross margin is more a byproduct of the iPad and iPhone refreshes, so I think it should be somewhat expected."
OptionMONSTER's Pete Najarian agreed, saying, "I look at this gross margin, I think it's an overreaction." Najarian recommended buying the weakness, saying, "I think this is an opportunity. ... I'm very bullish going into the end of the year." Jon Najarian called the iPhone sales number "tremendous" and said he thinks the stock "finishes a lot closer to $570 by year-end than $500."
Triogem Asset Management's Tim Seymour saw some positives in Apple's quarter but was cautious about the lowered forecast. "When you have that kind of guidance that's not so great, I get a little concerned as an investor," he said. Apple eventually turned positive during the hour, and found itself back in the green for 2013.