Learn the trade here. Make it on tradeMONSTER

Options Trading News

October 12, 2012  Fri 8:11 AM CT

AAPL: SEE CHART GET CHAIN FIND STRATEGIES
I think that we have so many hedge funds trying to lock in gains that they are taking precedent over the mutual funds that want to bolster them.

Meanwhile, new money seems paralyzed because of the political polarization that makes people feel that nothing can be done until we know more about the election and the "fiscal cliff." It's almost as if we decided that we liked the certainty of an Obama victory, the pre-debate situation, more than we like the possibility of a real horse race where we don't know the winner.

TheStreet.com logoHow polarized are we? We got a terrific jobless claim number yesterday, and there was enough doubt sown about the validity of the labor numbers last week that nobody seems to believe, let alone care, about the new trajectory.

It was a nice change of pace to hear Goldman CEO Lloyd Blankfein talk on CNBC about what could go right if we avoid the fiscal cliff, but it would also be really terrific if the Tooth Fairy existed and Santa was part of the fourth-quarter GDP.  

Meanwhile, lurking and lurking is Apple, which simply won't allow animal spirits to seep into the market despite the excitement that we have seen from Sprint, Realogy, and Workday.

Funny, I reiterate that if Apple were to rally and go higher that would solve a lot of our short-term problems.

Disclosure: Cramer's charitable trust is long AAPL.
Share this article with your friends


Related Stories

AAPL

Cramer: Meeting unmet needs

September 12, 2014

Sometimes a stock goes higher because the company it represents is solving unmet needs. And that leads to a discussion about Apple.

AAPL

Cramer: Second IPO flood on way

September 8, 2014

AAPL

Cramer: Own Apple, don't trade it

September 4, 2014

They are doing it again. The analysts, the bloggers, the Apple-ites, they are drumming up excitement for the Sept. 9 meeting that is almost impossible to surpass.

AAPL

How to get the hedge you want

September 1, 2014

When traders look for protection, how much to hedge is a key question. That is one of the reasons that we introduced our Hedge Zone system.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Swing Trading w/ Jon Najarian and Ron Ianieri

Education & Strategy

When to listen (and not talk)

Success is often built on listening. I just spent a few days on vacation with the family, with a number...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER