Is Market Contagion a Good Time to Buy Stocks?

The debt situation in Greece and Europe in general is still dragging on the domestic and international stock markets with some justification. The U.S. economy is showing continued signs of strengthening, however and is supported by growth in manufacturing and discretionary spending, especially in electronics, and a stiffening of the housing market. Notably, Apple will sell millions of iPads to make up for a shrinking market for the iPhone and could be a good buy especially if shares of Apple are being sold off due to the overall selling contagion spreading from Europe. Most of the iPads will be sold in America and as the economy strengthens and people have more discretionary income to spend. There is some budding evidence that iPad will be a monster hit especially after introduction of the 3G models. Keep an eye out on the stock price of AAPL to find a good entry point, but don't buy until the stock price recovers which it appears to be doing now.