Dan Ives Sees ‘Bright Green Light’ Buying Opportunity for Apple, Microsoft, and Google

The Apple Inc. logo is seen in the lobby of New York's flagship Apple store on Jan. 18, 2011. Mike Segar/Reuters

After the U.S. Federal Reserve turned more hawkish and announced it will do whatever it takes to fight rising inflation, the markets rallied.

Many were left puzzled by the strong response in the markets as higher rates tend to negatively impact earnings, but Wedbush analyst Dan Ives says it makes a lot of sense.