MarthaStokesCMT-TechniTrader

AAPL Technical Pattern: Dark Pool Rotation AFTER Earnings Season

NASDAQ:AAPL   Apple Inc
One of many things I strive to teach my students is to watch what happens to a stock immediately AFTER an earnings season. This is the telltale activity of the Dark Pools who prepare for the next earnings season weeks ahead of those reports. So when AAPL started showing signs of large-lot rotation in September and into December, that was your cue that this big bellwether had slammed into a Market Saturation Phase hard, very hard.

CEO Tim Cook warned this morning that quarter 4 of 2018 is going to have significantly lower revenues. AAPL has been making minor enhancements to its iPhone for years and running on fumes without any new exciting products coming through. And NO, the Augmented Reality it has hurriedly rushed to promote is not true AR and will not likely help the Market Decline Phase. It could take a long time to recover with no new technology emerging from this company for this year or longer.


Martha Stokes, CMT
www.TechniTrader.Courses

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