The market is in a consolidation mode, it is digesting yesterday high.
Normally these days â€“ pre holidays – are positive for the Market however we are not seeing large moves.
There is cash entering in the market but not enough to make the indexes trade higher.
AAPL is trading higher and once again is giving us upside signals. Last six weeks AAPL have been trading in a range and we are looking for a break to the upside. We have long vertical spreads in AAPL and equity positions that we will increase sooner than later.