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With no AAPL Black Swan Event, What's Next?
Short hopes were dashed, yet again, with AAPL's low revenues coming in "not as bad as expected." Of course, the $281 billion they have in the bank is also a plus. As I'm writing this, we have a 2 SD after hours up move in AAPL that is going to have a big impact on the Nasdaq and most of its components in the morning. Well, at least until the Fed is out. This is how I'm playing this move. . .