I know that Apple ticker AAPL (chart above) is a fan favourite and yes I have seen the crowds at the stores. But do you really believe AAPL is immune from a consumer who is on the ropes. We have a nice flag forming here on the chart and I am prepared to punt this stalwart on the short side. With the recent rally highs as my uncle point.
I am short 1 unit of Apple here at $178.25 with a stop at $182.76
Good speculating to you all and never ever forget that "an investor is a speculator who made a mistake and will not admit it".
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