Apple picking season isn’t over
Apple could hold the key to the NASDAQ’s next move, and based on where AAPL could move to after earnings could signal a short if we reach a key level.
Apple could hold the key to the NASDAQ’s next move, and based on where AAPL could move to after earnings could signal a short if we reach a key level.
With the last of FAANG earnings and heading into the much anticipating November FOMC Meeting, the elastic overbought levels could contain the chop in the indices but there are trends elsewhere worth watching.
Facebook announced today they’d be changing their name to Meta. While that may fit their future ambitions, it doesn’t change their current pattern, and might be something worth getting some bearish exposure to.
As we approach the final day of the month, several of the themes we’ve been discussing have come through fairly well. Between the path of least resistance in stock indexes to the range in the 10 year, it’s worth recapping. We start there, then move into some potential seasonal patterns for November.
In this video, we talk about the extreme swings we are having as we make our way through this volatile earnings season. As we look at the charts, we try to decipher the levels and where we might go once we get past earnings.
In this video, we talk about the extreme swings we are having as we make our way through this volatile earnings season. As we look at the charts, we try to decipher the levels and where we might go once we get past earnings. Lastly, we set up a fade trade in NFLX and go over the reasoning to look at the idea.
When am I going to get bearish in the indices and what is the setup? It’s all explained in this update.
Indices, energies, oil stocks, and the 10 and 30 year bond setups as well as uranium.
Well, they aren’t saying to buy the latest SPAC.