One Option Trading Blog http://ift.tt/1HTzNuP Posted 9:30 AM ET - Yesterday, the market opened in positive territory and the S&P 500 made a new all-time high. Apple earnings were scheduled after the close and bulls had all the ammunition they needed to force a breakout. As the day progressed, profit-taking set in and the breakout did not hold. Stocks are a little soft this morning. Apple posted a 27% increase in revenues and a 33% increase in profits. They increased their dividend and the stock is up three dollars. Apple knocked the cover off the ball and the stock was barely able to make a new …
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