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Bullish Consolidation or Stalling and then Sinking?


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#11 dTraderB

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Posted 02 August 2018 - 10:53 AM

OK, now that APPLE has reached the trillion record, let's get real 



#12 K Wave

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Posted 02 August 2018 - 10:56 AM

My bounce target of 7340 on NQ reached...now we see if bears take ball back here...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#13 dTraderB

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Posted 02 August 2018 - 10:57 AM

BTW, I don't think APPLE is worth 1 trillion or near that 

AMAZON, yes, and Bezos' will trounce Cook with AMAZON surpassing APPLE and moving far ahead.

and TESLA not worth even $200

 

Check back in a year to see how the above pans out.



#14 redfoliage2

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Posted 02 August 2018 - 11:08 AM

BTW, I don't think APPLE is worth 1 trillion or near that 

AMAZON, yes, and Bezos' will trounce Cook with AMAZON surpassing APPLE and moving far ahead.

and TESLA not worth even $200

 

Check back in a year to see how the above pans out.

Apple has been losing market shares in China and I think it will keep losing there as the competition getting higher and higher there.  To me it's a bubble that will be smashed by the rising rate.


Edited by redfoliage2, 02 August 2018 - 11:14 AM.


#15 K Wave

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Posted 02 August 2018 - 11:31 AM

Apple has been losing market shares in China and I think it will keep losing there as the competition getting higher and higher there.  To me it's a bubble that will be smashed by the rising rate.

 

Apple is now number 3...

 

Huawei has moved up to number 2 in smartphones

 

https://www.bloomber...-for-first-time


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#16 dTraderB

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Posted 02 August 2018 - 01:50 PM

TIM ORD on the sidelines, a good place to be in this choppy & directionless market during the past week or two.
Maybe, there will be a breakout by next week - up or down

https://stockcharts....ust-1-2018.html



#17 dTraderB

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Posted 02 August 2018 - 01:51 PM

A good rally so far, except the lagging DOW.. 

The close is critical ...