oh yeah oil is now $43, and dont forget about me telling about the us government liquidating its oil reserves at 50 cents on the dollar or less
ON NOV 3 EXXON WAS AT $87.34..........GET THE REALITY.....live the reality today nov 11 exxon closed $81.61
ok, so i didnt tell you about the bottom today, instead i said nothing, good timming on your post about bottoms
yeah, he got margin called and goldman sold his shares, the ceo of vrx wanted to put more collateral up but goldman wanted sell
3,200,000 shares optioned off for puts at $100
if it opens lower it will open around $115.30 then recover quickly, apple ordered more parts in q4?.....i think this year was different as i remember chat about why the iphone 6s and plus were available to order 2 weeks before the hardware launched date as apposed to the previous years online order availability date.
theres a new support level at 115.20, this support is new it was around $113 before. resistance is at $122.90 and it is less in size then the new increased support at $115.20...so if tomorrow apple trades down to $115.30 buy in for a quick bounce to at least $117. todays trading action started trading down because of 200,000 shares that sold in the morning , the price triggered margin calls which kept the selling pressure sustained. the one day price change is unsustainable , when a bounce occurs it may only last a minute if a true recovery is in place ill be back at $122.80 giving the sell signal.
apple ramped up orders for parts in the 4th quarter to get the phones ready for the first quarter which is always the biggest. so thats why the drop in orders for parts happened and not to mention the quarter is not even half way done.