/biz/ - Business & Finance

Some analysis. Smaller specs buy "cheapies" at the low of the year. Quite a few get blown out after the drop, but the ones that held on sold out once they got close to break even causing that recent dip along with some short term shorts. Meanwhile large bulls are loaded to the gills (horns) at ~2340 and reloaded again about 2440, putting their average around the mid-upper 2300s. So with Friday's close we're at the lows of last year with the recent bulls sitting on a comfortable profit and earnings on the way (also of note is that this is already pricing in Aapl's downward guidance).