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Market Starts To Sag As Dollar Catches A Bid...AAPL Short Call At $202 Works Beautifully

|Includes: SPY, Invesco DB USD Bull ETF (UUP)

Per the nightly video in the Research Center as well as the Intra Day Stock Chat, it was expressed that AAPL trading above $200 at $202 was a perfect short play based on the even number play.  Sure enough, the low of the day on AAPL is near the $198 level, a beautiful short.  The markets gapped slightly higher on the back of the earnings while the economic news was pretty ugly.  Still, the earnings from AAPL and TXN seemed to keep things higher.  Once the market opened, the markets belong to the US Dollar.  Sure enough, the dollar has gotten a nice bid and the markets have moved lower based on that.  Keep an eye on that dollar as it has been the driving force behind the markets since March lows were put in.