Oh and if by some odd chance the markets sell off on apples earnings tomorrow you will just have to admit that the bull is done!!
I was just thinking that, look what happens after the pop...Everything gets sold.
Oh and if by some odd chance the markets sell off on apples earnings tomorrow you will just have to admit that the bull is done!!
I was just thinking that, look what happens after the pop...Everything gets sold.
Apple already off it's after market highs...only up a few bucks ....I think people are learning to sell every rip higher. New lows are outpacing new highs....it's up to apple tomorrow to keep this week in check. Getting close to February lows!!
Market can't even rally on Apple earnings even though they said that the market was waiting patiently for these earnings to justify any further direction ! Guess that direction is still to the downside as of now![]()
I have been bullish since Trump victory but I am turning bearish today.. one thing in my trading experience is to respect TIME SIGNALS
the follow through is just not there.. today is Fed decision and there is nothing they can say in the statemems that is going to magically levitate this higher. Inflation is coming, rates are moving higher and stocks still need to.have a real correction.. o want to see S&P under 2500.
something is clearly "different" about this market here.. equities are resolving itself to the idea that "this is as good as it gets".. how will Q1 earnings next uear be able to best this?
the macro data is already turning.. labor market will slow and shit will get real.. if S&P doesn't break 2700 to the upside by Friday.. it's over
Im thinking, fall off a cliff, then a slow sideways market for a couple of months.The markets can move sideways for years. I just don't see the markets falling off a cliff...Not yet.