The markets have rolled over in dramatic fashion thanks to Apple Inc.(NASDAQ:AAPL). Members ofInTheMoneyStocks received a short alert this morning and nailed the swing trade. short top. While many have called for a short over the last few weeks and months, Chief Market Strategists haves said the stock was going through $500.00. Once it got through, the master level was given as a short. Sure enough, Apple collapses, taking the market down with it. While the markets are lower on the day, all eyes are on whether or not a buy program will hit late in the day like yesterday. Regardless, leading stocks like JPM, GOOG, AMZN, XOM, CVX were all lower today while the markets were higher. AAPL was the only thing holding the market up. It was a great signal of a reversal. Start profiting with the elite pros today by taking the seven day free trial to the Research Center and Intra Day Stock Chat. Get swing trade alerts and proprietary analysis that will make you rich.
Last modified on Wednesday, 15 February 2012 16:42
GarethSoloway:
The #FastMoney guys yesterday were bullish.Today saying "I knew this market was overbought, due for a drop" lol.Too funny.Good comic relief
GarethSoloway:
Quote From A Member: "Gareth great read on markets. Very impressive! Short QQQs, JPM, TGT and still have some DE in the tank. thx! :)"
HLF calls - up 175% - holding a trailer.HLF 60 min chart was really nice looking earlier in the week - and you liked the daily. Many thanks to you, Nick and Gareth both.