AAPL #s horrid, but stock zooming. Little late for my party, but such is trading. We may get a nice pop tomorrow if AAPL holds up. It should set up a nice opp later this week to the short side, but here I'd be looking tomorrow using the 10 am rule either way. Today's selling was opposite of yesterday's buying, which means it was lackluster, that leads to exaggerated moves both ways. Shorts may scurry tomorrow with the way AAPL is just chugging after hours here. Keep in mind that one reason AAPL is chugging is that it has $25 BIL in cash and had a 80 BIL market cap as of the close today. That's a lot of gun powder to rely on.
This market is looney, so I'm trading smaller lots here until we get a clearer signal either way. One day up, one day down is very choppy. Watch the 10 am rule Wednesday, a breakout over the highs should be buyable. A breakdown not sure. Let's see what shakes out. See, I told ya AAPL would go up! yeah, ok, so I also said to sell it before the close, hehe! Ahhhhhhh, the life of a trader! As I write the stock continues to plow higher, up $15 from its afterhours lows. Very energized move. It'll be an interesting day tomorrow, keep the powder dry! Waxie