Agreed. It will be interesting to see if sectors like the
Financial can keep the S&P afloat while tech and AAPL lags and
maybe then tech takes back over much later in the year or early
next. Something I will be watching.
For fun I went back to look at the last time AAPL closed below
its 200 and while not exact in a way so far it feels like it is
rhyming. Will be something to continue to watch.
AAPL is one sick puppy
Posted by kalinm on 6th of Nov 2012 at 01:11 pm
QQQ not interested in this rally too much
Agreed. It will be interesting
Posted by tom on 6th of Nov 2012 at 01:25 pm
Agreed. It will be interesting to see if sectors like the Financial can keep the S&P afloat while tech and AAPL lags and maybe then tech takes back over much later in the year or early next. Something I will be watching.
For fun I went back to look at the last time AAPL closed below its 200 and while not exact in a way so far it feels like it is rhyming. Will be something to continue to watch.
Look at vix -fear is leaving
Posted by lamb on 6th of Nov 2012 at 02:01 pm
off-1.20
well, the price action wasn't
Posted by kalinm on 6th of Nov 2012 at 01:38 pm
well, the price action wasn't favorable to Rochdale -- who is virtually wiped out after betting it all on AAPL
http://dealbook.nytimes.com/2012/11/06/rochdale-in-rescue-talks-after-errant-apple-trade/
Denninger rightly asks: how did they manage that must leverage in one trade?