Volume Dynamics Specialist
Posted 31 July 2018 - 10:47 AM
The way I see it, the China/US trade report was "FAKE NEWS"... there's nothing done there. I could say it was a nothing burger, but that wouldn't even do just to nothing burgers...
Just a ploy to put a bid under AAPL for earnings...
AAPL will report
China will crap all over that news when they open...
Volume Dynamics Specialist
Posted 31 July 2018 - 11:10 AM
SPX should test 283X from here:
Snippet from Today's SPX Forecast:
Now also be aware that once 2812 is broken to the upside, there is a "slip zone" overhead that could see a fast move up to that 283X area... We are bearish, but still have respect for the fire hoses of cash flowing into this market
Member
Posted 31 July 2018 - 11:34 AM
Looks bearish to me, I say the report will not be good.
Member
Posted 31 July 2018 - 11:44 AM
AAPL is priced for perfection, the May numbers are priced in, bought 1 Aug 3 190P.
Volume Dynamics Specialist
Posted 31 July 2018 - 12:06 PM
Or it could be an ABC up to 204...
I'm going to sit it out...
Plenty of time...
Down through mid-August in markets.
Volume Dynamics Specialist
Posted 31 July 2018 - 02:21 PM
Or it could be an ABC up to 204...
I'm going to sit it out...
Plenty of time...
Down through mid-August in markets.
204 takes them to $Trillion Market Cap...
I wouldn't rule it out...
Member
Posted 31 July 2018 - 02:45 PM
Or it could fill the May 1 gap at 168.
Member
Posted 01 August 2018 - 01:07 AM
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
