ES not staying above overnight high. It is time for the Ramp Express so I dare not call it a failed breakout yet, but it is still possible for a sell into the close. My guess is the ETFs got retail withdraws today when the market did not make a heroic recovery.
All the big names who have reported good quarters but scaled back future guidance have been whacked by the market. Anybody willing to bet that Apple will be any different UNLESS Cook can say he is stealing the DOD contract from Amazon.
Glad to know I am not the only one!
From Coolbizone the wave counters twitter just now-
"Market is always a challenge and never certain for its future moves. This up move so far is an O/lapping mess, it could be just a Wave (iv) up and another (v) down below 2612.67 to come yet? Sold long trades . Wait for clarity?"
Earlier he had given up on the sell off because it had not made a five wave formation.
Sorry, I could not think of another reason why Cook was at the White House. They do have a long history of retail cloud storage but I am sure you are correct not commercial size like Amazon, Google, Microsoft and the dozens of smaller competitors.
Trades with cats wrote:All the big names who have reported good quarters but scaled back future guidance have been whacked by the market. Anybody willing to bet that Apple will be any different UNLESS Cook can say he is stealing the DOD contract from Amazon.
charts looks sick weekly /daily … wag… miss.. mind the open gap AAPL Daily <200d again. barely can hold 50w SMA
Totally agree Apple is in the trade war cross hairs but that doesn't explain an invite to a state dinner where all the Capital Democrats were shunned especially as Cook sure wasn't a Trump supporter. Something has to be up.
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