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Just pointing out that yesterday's high was tested twice last night. The opening pullback was clearly stopped at once again a MAGIC number, this time the Central Pivot.
Next up for me, will VWAP stop or confirm the bounce?
The tech giant got a rare downgrade this morning from Nomura Instinet analyst Jeffrey Kvaal, who says that iPhone X sales as well as other positives for the company are already baked into the stock price. He lowered the rating to neutral.
The tech giant got a rare downgrade this morning from Nomura Instinet analyst Jeffrey Kvaal, who says that iPhone X sales as well as other positives for the company are already baked into the stock price. He lowered the rating to neutral.
agree, big fruit is overripe...will lead the overall correction..
fehro wrote:It's all AAPL's fault.. mind yGAPs.. evening stars, dark clouds.. way way too early..
Big piece by BofA Merrill up on Zerohedge showing the fund managers rotating out of tech and FAANGs and into the safe (er) stuff for year end. Same piece shows their rankings of what can go wrong and their best guess for when the market turns. It is no longer a question of which year, it is which quarter.
Looking at the levels in the GAP. A 50% retrace is now seeming possible. as it is within 1 deviation band.Again, if the House passes the tax bill this afternoon I would think New All Time Highs would be a potential.
[ADD edit: the stock that the SEC halted was CRCW]
LFIN
Following last night's chaotic appearance of LongFin CEO on FastMoney… In what we suspect will be the first of many, The SEC has suspended trading of shares in LFIN due to "potentially manipulative transactions in the company’s stock.”
[BUT IT IS STILL TRADING PER STOCKCHARTS THIS MORNING - ??] http://www.zerohedge.com/news/2017-12-1 ... coin-mania
Last edited by Al_Dente on Tue Dec 19, 2017 1:46 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
The tech giant got a rare downgrade this morning from Nomura Instinet analyst Jeffrey Kvaal, who says that iPhone X sales as well as other positives for the company are already baked into the stock price. He lowered the rating to neutral.
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Al_Dente wrote:Fern Boss: soxl and labu drop 1 point and more in ONE MINUTE
Who needs that? (asking for a friend )
Yes, not pretty! SOXL has been strong the last couple of days, but LABU has been lagging till this morning.
Have to watch for the MA lines to cross back positive for new opportunity!!!