Daily Archives: July 7, 2024

Showing articles 1 - 2 (2 total)

17Jun12:49 pmEST

Three Card Monte Market

Continuing with one of the recent market themes of prominent  leaders lagging, and laggards trying to pick up the slack, we have the likes of AAPL AMZN FB GOOGL NFLX, not to mention biotech and healthcare plays, clearly in the red and not bouncing much intraday.  On the other hand, we have some of the beaten-down high growth names catching a...

17Jun10:43 amEST

Big Apple a Replay of Big Blue for the Big Hustler

The news out of China this morning almost seems ancillary to the main issues facing AAPL stock. We went short Apple yesterday inside Market Chess Subscription Services, not because we knew issues would arise out of China today, but rather because the stock remans in a clear downtrend--Lower highs and lower lows--since last summer for one of, if...

 
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