We’ll Sit Out the Short Squeeze in Apple

Yesterday’s session amounted to a tiresome holding pattern for most of the issues we track. Perhaps bulls were discombobulated by the unaccustomed spectacle of Apple shares getting viciously goosed by DaBoyz?  My hunch is that it’s distribution, as today’s AAPL tout makes clear. The stock is shortable nonetheless, having rallied back to an important Hidden Pivot that used to be support, but only if you really know what you’re doing.  Want to learn how to really know what you’re doing? Click here to enter the magical world of Hidden Pivots and ‘camouflage’ trading.