Thursday of July option expiration historically had a bullish lean and it played out today. We had traveled a long distance in a very short period of time. After today the stats start to weaken, especially next Monday. The trend remains up and any dip may get bought into next Tuesday’s AAPL earning. However, internals seems to be weaker compare to the last time we are in this area. A good short opportunity may come along late next week as earnings wrap up and we refocus on the Eurozone mess and the slowing world economy.
