The way AAPL trades in to the close and tomorrow will be very important for determining market timing. I would not be surprised to see AAPL underperform the market, if the market can manage a gap fill.
Here are the charts.
AAPL's gap from this a.m., it's not that big so I'm not sure if it is worth filling.
The 1 min chart's trend has been mostly in line with price today, actually even a bit more negative in position.
There is a small positive divergence here, we saw one earlier too, it didn't amount to much.
Here's the 2 min chart's trend.
The 5 min is very ugly, leading negative
As is the 60 min trend. Perhaps this is the Dan Loeb selling as he no longer holds AAPL as a top 5 position.
For now, I'm keeping my puts open
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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