Apple’s Turkey Trot

Most of the high-fliers got hit so hard yesterday that we can only assume that it was intended. Underscoring the fact that DaBoyz have everything perfectly under control was the deftly engineered short-squeeze in Apple, which rampaged $30 against downtrending broad averages yesterday.  Seems the company is selling more of those ridiculously overpriced new iPhones than the bozos who analyze and predict such trends had estimated. Some real negatives for Apple persist despite this latest iPhone binge, and so we might expect the stock to eventually take yet another fierce header once all of the shorts’ necks have been wrung.