dkurzhal

Apple Short for pre-election sell-off.

Короткая
NASDAQ:AAPL   Apple Inc
Apple is a gift at these prices (115+)... to short.

Historically, September - November has been a horrible time to be long in the market during an election year (going back to the 1940's).

To say AAPL has been a little frothy this week is an understatement. This should be seen as a gift to either book profits and/or short at this price and time. We had a taste of what could happen last Friday, the next 7 weeks will most likely be much worse.

This weekly chart shows what happened at this time just before the last election.

Target 90.
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