AAPL, Market, and Trades
This afternoon a rumor is circulating the market that AAPL may announce a stock split at their shareholder meeting tomorrow. I pass the rumor along for anyone wanting to jump in and play with a few profits. According to CNN, the shareholder meeting will be a non event but rumors are what AAPL has to go on right now. http://tech.fortune.cnn.com/2013/02/26/apple-shareholders-cook-dividend/?source=yahoo_quote
I am not planning to initiate any new trades this afternoon. With the market looking bullish from some angles and bearish from others, I’m content to sit it out and wait for more predictable entries. There are some trade setups like that are rather tempting but right now the odds on most trades are more like 50/50 instead of 70/30. I’ll wait til the odds are more in my favor.