Saturday, March 28, 2020

Apple - The Sell Down with Dow Jones








The Dow Jones crashed -916 points again yesterday as whole market reacted to the sellers side. Many stocks started to tumble and most of them weren't sparred. Apple was a stock which followed the Dow Jones closely and hence when it collapsed, it's good to short this counter and also boeing since the stock had some really bad news which needed bailout and I thought it would be wise to also take a short there. Both profited and together with the bearish sentiment in the market, it only drove both stock down further. Looking for more profits next week.

Ronald K - Market Psychologist - A Stock Market Opportunist