The Gamble With News

So AAPL presents details of its new products and its stock whipsaws like crazy!  Of all the predictions you may have read about the reaction to yesterday’s announcements, I’ll bet none of them predicted such a muddle of a day. 

This is why you really have to pick your poison when it comes to how to deal with news, how, when and whether to trade through it.  

Today’s video is recorded before the close so the OVI charts are from yesterday (Wednesday closing).  At the time of writing MCD is forming a classic Railroad Track, so look out for that tomorrow morning to see if it closes that way.  

In the meantime, for all FlagTrader members, the full stock name now appears as a tooltip as you mouse-over the stock symbol in the results table.  This functionality will also be deployed for OVI Traders Club and OVIcopilot in the near future. 

  

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