Trade Update April 1st, 2013 11am: AAPL had a heck of a month in March after making new 52 week lows and seeing its peak to trough sell off from Sept hit roughly 40%, the …
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MorningWord 3/19/13: Yesterday at this time, I penned my morning piece, titled, ” Treacherous Set Up For Bears, $SPX = Flight To Quality”. As a trader who came in to the day net short, I should …
Continue readingMorningWord 3/18/13: Since Super Euro Banker “Extraordinaire” Mario Draghi said the now infamous words back in late July, the Euro Stoxx 50 is up about 25%, but understandingly under-performing the SPX since the European Sovereign Debt Crisis has gripped the region …
Continue readingHere is a summary of what I will be discussing tonight on Options Action on CNBC at 5pm: AAPL is up 2% today as I write and it is most likely the result of speculation of what …
Continue readingMorningWord 3/15/13: I’ll start this post as I have on many occasions over the last few weeks. AAPL is desperately attempting to put in an intermediate term bottom. Since gapping below $440 on March 1st, the stock has spent …
Continue readingLast year AAPL’s price action from Jan 1 to Sept 21 resembled a mania despite the first full year that the company was lead by new CEO Tim Cook. Cook set out quickly to establish …
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