Am I right in thinking that AAPL rallied after the keynote at MacWorld? I’ve a feeling that shorting AAPL might be a crowded trade. If they pull a China iPhone launch out of the bag we might well see a short-covering scramble.
don’t think they will announce anything about iphones…. but i do hope so…
Am I right in thinking that AAPL rallied after the keynote at MacWorld? I’ve a feeling that shorting AAPL might be a crowded trade. If they pull a China iPhone launch out of the bag we might well see a short-covering scramble.
don’t think they will announce anything about iphones…. but i do hope so…
Am I right in thinking that AAPL rallied after the keynote at MacWorld? I’ve a feeling that shorting AAPL might be a crowded trade. If they pull a China iPhone launch out of the bag we might well see a short-covering scramble.
don’t think they will announce anything about iphones…. but i do hope so…
Short-covering most likely. This pattern is usually blamed on the PPT, but personally, I think it’s down to overzealous shorts getting their stops run and the momo crowd piling in after.
In the context of Apple Events, I think a new Apple Trade is emerging: sell the previous day and into the open, but be prepared to cover and go long into the close.
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