Daily Archives: December 12, 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...