Well we found out today that there is no recession at AAPL. I'm probably going to sell my protection puts because I just don't see AAPL falling much if at all. The general indices have broken out and because of that I'm anticipating a broad mkt move higher into the start of May. This will help AAPL hold. So, as for my other half of the position, I'm going to see what tomorrow brings. I may blow out of it for a small gain or hang on for further upside.
FCX performed just as planned today. However, I'm targeting the $110 to $108 area for entry. FCX loves to sell off after earnings, and the best part of it is that it loves to recover fast.
thats all for now.
Subscribe to:
Post Comments (Atom)
Nice apple
ReplyDelete