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by Gavin M.
Apple has been in a holding pattern since Friday. It's amazing considering the S&P has returned to new highs and some of its peers are actually posting better gains than it. I am not too concerned about the reasons why Apple hasn't gone limit up but it has been quite a predictable trade.
Above you will see that this was a quick 10 minute trade at the open as it dropped from 127.70 to 126.95. Since I do not have bionic hands that operate in microseconds, I was only able to scalp about 15 cents or so on this with 50 contracts. Again, it pays for my wife's Pilates class.
In trading, it's not about how much you can out-make the other guy, it's about how much you can make to call it a day!
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Traders from Equity Sense will be writing on this blog on positions and other market-related things.