Profit from Apple Inc (NASDAQ). Within 1 day. Traded 100 units each time. Capital deployed $2,000 each time.
Apple Inc have approximately $700 billion in market capitalization. With P/E of less than 13x, some may think it’s reasonable. Mini Fundamentalist don’t think this valuation is loveable at this point. Mini Watcher said market condition not bullish. We short and closed our position within one day with miniature profit.