Prediction: Day 12

Before we get into tomorrow's prediction, I want to talk a bit about how today could have seriously been a disaster. I would have been in the negative today if it wasn't for the fact that scottrade wouldn't let me short.

I was lucky this time, but need to think through how to prevent this from happening again.

There was some external factor pushing Apple and companies related to it up, while the rest of the market was just acting normal. How can we catch this case? We need to look at pre-market for other stocks that follow Apple's usual trajectory. One of these is NVDA. Today NVDA was doing exactly what Apple was doing so we wouldn't have caught that.

Google, however was following the market trend today, rather than Apple. Normally, it is very similar. So if we looked at pre-market of Google, then we would have noticed that something was off.

The goal here is that we are trying to look for an indicator to prevent us from acting on our initial prediction, because something appears to be off balance.

With that being said, tomorrow just feels weird. A lot of stuff has happened in the past 2 days. The general trend still feels negative, so I am predicting that Apple will go back into the 90s at some point, however, I don't know when. We still have a lot of days left in the qtr, and now that this rate cut is over, where is all the good news? We need some good news or things will keep heading lower. However, I feel this burning in Apple to do just the opposite, but I don't think it will last long because eventually the bad news overcomes the hope during the waiting period for the next big announcement.

In summary, tomorrow feels very risky and I wouldn't do anything until I see how things are going. Today, I capatilized on sudden huge fluctuations, which always tend to go up a lot, then down a bit. So you can watch for those and profit there.