Wednesday, August 15, 2012

AAPL/GOOG

Yesterday I wanted to add to AAPL, but didn't as it violates my rules for position size, I did add a equity model portfolio short and an options model portfolio put for GOOG, I see both are triggering some alerts I set for some areas nearby I considered to be key. And on the other side, patience hopefully pays as USO is now moving in to the area I was hoping for yesterday and today.

 AAPL 1 min chart

 GOOG 1 min chart

USO now above the pivot area, the higher it moves the better, just as long as the charts start turning negative, then we'll have a potential entry/add to.

Financials coming up next being they were hanging with the SPX.

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