Here’s my prediction for the Apple earnings scheduled to come out around 4:30pm eastern. Tell me what you think.Â
Technical Outlook: Another morning sell-off, another afternoon rally. The bears are not holding on to their shorts for long, and the dip buyers are patiently waiting for the afternoon to roll around before jump starting their long positions. Yesterday saw a 10 point pop off of the lows of the day, and 5 points in
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The market resiliency continued into last week with a positive return for the eighth time in the past ten weeks. There are some cracks beneath the surface though, particularly with earnings starting to disappoint on a large scale - most notably with Microsoft (MSFT) and Google (GOOGL). Tech is starting to lag some - with
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Learn to consistently profit in your trading by signing up for a Free 7-Day Trial to the SharePlanner Splash Zone! With your membership, you will get each and every trade that I make with real-time text and email alerts (international too) as well as access to my chat-room that I trade in each day. Click Here to
There are two major trends in the Apple (AAPL) chart and none of them help their cause at all. Overhead you have a declining level of resistance that continues to reject price hard,and underneath price you have an area that price continues to be drawn to following the aforementioned rejection pattern. See for yourself…
Technical Outlook: After a five minute, seven point dip yesterday, the market ended up rallying 21 points off of the lows of the day. The dip buyers remain in full control of this market. However, key resistance looms overhead and could be, with all the diverging signals, a selling point for the bears to be