I dipped my toe in some extra Apple yesterday and woke up to a slamming this morning.
Sorry for those that bought with me.
I was in the middle of some more “Do I have cancer?” yearly checkups and missed the open as I now often do. It is the close that I care about.
Apple opened and traded in the $76 range. Ouch.
It has now clawed it’s way back above $81 again. WTF?
Now that I am reading the news, it’s crap and really old news, the good traders bought that news.
A preannouncement would have been real news and the stock would not have rallied. If the market stays firm, my Apple trade will still work out. I am sticking with it for now.