Quote:
Originally Posted by FakeNameChanged
Apple has been compressing for a month, and it looks to me like they're gearing up to make another run. If they break above 150, they make take the NASDAQ along with them. Volume is about half from when it started that last run.
August, seasonally has been the best month for AAPL over the last ten years. And these past two weeks it has not impressed anyone. That doesn't mean it will continue for year eleven.
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AAPL, down almost 3 bucks earlier today, now up a buck-fifty. It's over 150, on good volume; the last two weeks to make August the best month over the last 12 years, I said eleven above, and that was wrong.
I think this could be the catalyst to get the QQQ's back in black, if Apple can sustain a run.
