Apple is a short but this is a healthy move in the markets albeit fast move down on the indexes etc. Many of the other stocks NXPI, AVGO etc will fall as well...add high quality to shopping list and wait to see accumulation and confirmation of uptrend if buying these...for now however these are positions for puts. Short term keep eye on them as capitulation could come at any time and funds will step in and buy so when trading puts in a long term bull you have to pay close attention to change in direction
Note the death cross has come in clear and caused death
yes, seems toast. TSLA and other large names are going to gap down now..i wonder if this is total capitulation as it will bring indexes down too much, and its only a week to close august month. on monthly things look depressing
Vince
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Well the long term aspect is the USA is bankrupt and they are playing games and support markets with manipulation so the key is to play the markets on movement and hedge against the rest