FYI, Rick Ackerman commenting here on gold (and Apple)

Just a heads up that a guy I’ve known of and respected for many years has been commenting on this post from Monday about the negative divergences to inflation: Not inflation friendly I note it because if one of the typical gold bug knuckleheads had shown up here I’d be disappointed. But a guy who goes his own way and calls it as he sees … Continue reading FYI, Rick Ackerman commenting here on gold (and Apple)

The news of big Tech’s death has been greatly exaggerated

Big Tech is alive and well See? MSFT (I hold it) GOOGL (I don’t hold it) AMD (I hold it) AAPL (I hold it) And so on… Nobody knows the future, but as of today these Tech captains are fine. And it’s not just them. The Healthcare sectors are okay too. The market has recently rotated from the reflationary stuff to the steadier stuff that … Continue reading The news of big Tech’s death has been greatly exaggerated

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NFTRH+; Look-Ahead to a Future Buy Area on AAPL

AAPL got way too hyped on iPhone 10 anticipation and broke its uptrend channel on the commotion. Upon release, AAPL has done nothing but decline in a classic ‘sell the news’ event. Now back in the channel, AAPL can be expected to eventually make its way back to the channel bottom and a clear shelf of lateral support. Pending the market view at such time, … Continue reading NFTRH+; Look-Ahead to a Future Buy Area on AAPL

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NFTRH+ Trade Setup; Apple (AAPL)

AAPL is down 2.6% today, apparently with some pre-earnings jitters going on.  This happened in AMZN last week as well.  I know, because I was nonplussed while observing it. Understand that this update is for those who want to play casino patron ahead of earnings.  As we know, the market can greatly reward or severely punish these marquee names on earnings.  That said, here’s the … Continue reading NFTRH+ Trade Setup; Apple (AAPL)