Off your game?

Read our free Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Your email will always remain private.


AAPL had a buyable gap up (BGU) in today's trade on a strong earnings report. In prior instances of gapping up on strong volume, AAPL failed to hold the low of the gap up day, even when giving a 2% undercut of the gap up day's low.

Here is its recent history of gap ups on big volume:

Its high volume gap up on 7/20/11 on strong earnings failed to hold due to a market than came apart in August 2011.

Its gap up on 4/21/10 failed to hold due to the flash crash of May 2010.

Its gap up on 10/20/09 failed to hold due to a weak market. The market then went higher but AAPL based for months.

Today's gap up is buyable because the market is in an uptrend that was confirmed today by strong action in leading stocks, strong price/volume action on the part of stock and commodity indices including precious metals at the Fed's announcement that rates would stay low through at least late 2014, extending its previous pledge by more than a year.

With tailwinds at its back, AAPL is a proven leader and should continue to lead.

Some members may wish to use a 2% undercut of today's low at 434.8 as their stop.


SAVE had a pocket pivot (PP) in today's trade. SAVE provides deep discount airfare. Industry group rank is 34th out of 202 groups. Earnings and sales have strongly accelerated over the last few quarters. Institutional sponsorship has climbed steeply over the last 2 quarters. Overall rating is 95.

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy