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Speaking on
CNBC's Fast Money, Jon Najarian said that
AppleAAPL usually trades lower ahead of a major event, like a new product release. He believes that it will trade lower again because there will be a shortage of the sapphire glass and the company might not be able to offer the larger version of iPhone. He added that
Apple is also releasing new Mac Book Air.
Brian Kelly commented that at the moment no one thinks that
Apple could trade lower and when that happens the stock eventually trades lower. He expects to see a decline in price after the announcement, but he would wait for a reversal day before selling the stock.
Pete Najarian believes that
Apple is going to $110 in the short term and after that happens he would consider selling.
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