Whilst the main equity indexes closed broadly higher, there was again notable weakness in Apple (AAPL) and Disney (DIS), which settled lower by -0.5% and -0.4% respectively. Both stocks were clear early warnings of trouble in early August... and are arguably to be treated similarly right now.
*INTC was the first stock I identified in mid May.. when it maxed out at $35. AAPL and DIS were the two key Dow stocks that confirmed the initial INTC warning.
Suffice to say.. considering the broader market, today's net daily declines for AAPL and DIS are a very poor performance.
*for now, I am in hurry to get involved.. but AAPL and DIS will be primary short-targets in the next down cycle. I would imagine shorting them within 1-2 weeks.