Friday, November 23, 2012

Apple a Telltale for 2013?

– Posted in: Tutorials

A short position we’d initiated two weeks earlier in the E-Mini S&Ps had gotten stopped out this morning, producing a $4600 gain for anyone who traded as instructed. Although there were good technical reasons to infer that the stock market’s weakness would resume after Thanksgiving, if the rebound in Apple continues, it could conceivably turn the broad averages sharply higher as the new year begins.