How Far Could AAPL Fall?
Apple had a bit of a setback today. Is it just a blip or the start of something bigger? We can bring a few different tools to figure out possible road maps from here.
list of daily videos
Apple had a bit of a setback today. Is it just a blip or the start of something bigger? We can bring a few different tools to figure out possible road maps from here.
TSN has been on a downhill spiral, and earnings couldn’t save the chart. It’s in the midst of an Earnings Destruction move, and I think there is more downside ahead. Here are the key levels I’m watching, and how I’m trading it.
Biggest week of the year kicked off by Powell and followed by furious short covering. Let’s review the one major signal in play into end of year.
With long positions in the NSADAQ and semiconductors, the solid close bodes well for Monday’s open. The move higher in Financials has the S&P firing on two cylinders, which is great news for the bulls.
Bulls had a strong showing on Friday. That has a decent chance of continuing into next week, but you’ve got to make sure you’re aware of these two expirations.
Technically we’re going to look at 5 setups in tonight’s video, but there’s some real trading magic to be had when you consider a top down approach that starts with an index, moves into a sector, and finally ends with an individual stock to trade.
Something I had not considered until reminded of the Pit Bull low having an opportunity to show itself today and tomorrow. Let’s look at that.
In this video, we review today’s market action and talk about the chart patterns. We have had a major move off the lows from only 2 weeks ago and the overall market sentiment has turned decidedly Bullish. I can see the reasons for the Bullishness, but I am not sure we don’t pull back in the short term. We go over levels and try to determine which way we might go and when.
We made the bullish ES/ SPX target but has the market found its seller yet? I’ll go through what I am watching to help make that very determination.
Have the markets come too far, too fast? Or are they right where they need to be?