Watching Apple (AAPL) At A Crucial Level

Watching Apple (AAPL) At A Crucial Level

Apple (AAPL) doesn't need much introduction so I will skip that part of the analysis.  And exactly because everybody knows the company, follows it, and it carries a 1.9% weighting in the S&P 500 it is worth watching closely.  Case in point,...
Technology Sector vs The S&P 500

Technology Sector vs The S&P 500

As I scoured the S&P 500 sectors over the weekend in search of the'easiest' hedge/short I came accross the technology sector (as measured by the SPDR Technology Sector ETF XLK) and noticed the following: 1. While the XLK is currently still 10% off the 2007...
Apple (AAPL) Chart Getting Back On Its Feet

Apple (AAPL) Chart Getting Back On Its Feet

I have had a position of short calls at the 400 strike on the book for the majority of 2011 and am closing them today for good profits.  While the trade has another 30% of profits to go, I am seeing the chart of AAPL starting to look good again and hence prefer...