I do not know about AAPL, but market turned bullish from yesterday morning. However, volatility will make ups & downs and temporary pull back.
Dip the market when extreme fear is there. Lucky, I had Sat & Sun to analyze nicely to decide what to buy.
This is a rare event for Bank stocks, KRE (long term swing) ETF dropped to $41 to the lowest after Mar 2020 (which was $27) and the second best DPST (short term 3x swing) $7 (now $9.86 almost 40% up) in 2 days. Even though I missed buying lowest bottom, purchased bulk ETFs.
Moody’s very delayed downgrade on US bank is a waste and does not work anymore!
BTW: This DIP rotation was Bank shares (KRE & DPST) and last time DIP was Chip set (After that SOXL jumped 97%).
It does not mean I am completely bullish, but short term 1-4 months bullish as first leg of correction comes to an end and market IMO can not cross 4440 (SPX) above.
I do not want to sell some of the bank stocks that I purchased deep low. Today, when FRC came to $20 and below, started DCAing. Same with PACW and NYCB…etc. Still do not know whether it is right or wrong, but time will tell me.
I keep KRE and DPST for trading purpose, esp now along with TQQQ/SOXL.
I mainly DCA SQQQ to cover the bank stocks holding as a hedge !