Category: AAPL
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The Common Sense Approach to Swing Trading Apple: A Measured Move
One of my favorite swing trade setups is the earnings breakout. I know, we have established that in post after post. What you guys really want to know is how does The Market Speculator plan to trade Apple! I’ve got your back fellow swing traders. Trading Apple, and making a…
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My AAPL Stop
I’ve been asked by a few people what my thoughts are on my AAPL short. Of course, I wish I had covered when I had a 5 point gain. I entered short at $176.08 and it is currently at $179. My stop is set at $181.
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Chart: APPL
Earlier today, I mentioned that I felt there was a good chance AAPL would hold it’s rebound from the lows of the day and print a long tail at the close. Sure enough, the stock closed near it’s high and looks ready for another leg higher, assuming we get confirmation…
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Today’s Trade: AAPL and ADM
I bought 200 shares of AAPL at $100.25. I went over the chart on Friday. ADM (Archer Daniels Midland Co.) reports earnings tomorrow. I will likely place a buystop at $39.75-40.10, depending on how the stock looks at the close today. If the stock clears this level (which is an…
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How would you play AAPL
As most of you know (and if you don’t, and you are a trader, you are slacking) Apple broke out to knew highs on significant volume after earnings. The question now is, how do we play this brekaout? The stock was over $100 in after hours when it reported Wednesday…
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Today’s Trades: HES, VDSI and AAPL
I sold 300 shares of HES at $57.55 (entry at $55.91) for a $492 gain (+2.9%). I bought 200 shares AAPL at $$91.05. I had been looking to see how AAPL would handle a pullback to the peak of the double bottom formation it recently broke out from. The hammer…
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Trades and Vanity Performance Stats
I sold 1000 shares of QID at an average price of $53.86 (entry at $55.50) for a $1640 loss (-2.9%). I covered 200 shares of AAPL at $92.05 (short at $90.10) for a $395 loss (-2.1%). I covered 500 shares of STLD at $41.08 (short at $39.08) for a $1000…
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Trade Updates: QID, VLO, HAL, LEH, STLD, AAPL
I was stopped out of my 350 share position of HAL at $30.44 for a $388 loss (-3.7%). I sold 350 shares LEH at $72.71 for a $231 gain (.9%). The total gain for the 700 share position was $696 (+1.4%). I was hoping for a bigger gain, and decided…
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Trade Update: QID, VLO, AAPL, SSRI, STLD
I sold 1000 shares of QID at $57.21 (entry at an average price of $55.55) for a $1660 gain (+3.0%).I covered 500 shares of SSRI at $29.79 (entry at $32.24) for a $1225 gain (+8.1%). Yesterday I went short 500 shares STLD at $39.08. I am still long 200 shares…
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Trades: AAPL and VLO
Today I shorted 200 shares of AAPL at $90.10. Sunday night’s post explains the setup. Yesterday I bought 400 shares of VLO at $60.24. I sold 200 shares today at $61.29 for a $210 gain (+1.7%), and am holding on to the remaining 200 shares. I’ll post a chart later…
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New High Failure Trade and AAPL
One of my favorite short plays is the “new high failure” trade. There are three elements to this trade: 1) That stock makes a new high2) RSI peaks at a lower level than the previous high3) Take a short position if and only if the stock dip below the previous…