AAPL's 3C charts from 1-15 min look horrible, I wouldn't try puts myself just because of the momentum right now, an AAPL short is probably more appropriate, but that still leaves us with a probable bounce in a few days in AAPL where the best equity short position lines up, I just wouldn't want to take the chance on an equity short here with the potential return being so small and the PUT position is really not very strong with momentum heading down.
This is an obvious market negative, but I'm not convinced AAPL doesn't have more upside in the days ahead as it tops in its counter trend rally.
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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