Invest US Stocks | Apple – Are Professional Shorts Cashing Out?

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For those who followed my call to short Apple 4 months ago, (which I posted on this blog and mentioned in several previews), now would be a good time to consider taking profits, as we can already see from the chart some signs of profit-taking by the professional shorts. It is interesting that Apple is now at a key zone, having corrected 50% off its peak. I will be watching for the right time to go long.

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Spencer Li

Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.