The SPY Trust, officially known as the SPDR S&P 500 Trust ETF, is an exchange-traded fund designed to replicate the performance of the esteemed S&P 500 Index. Comprising 500 prominent U.S. large-cap stocks across diverse sectors, the S&P 500 Index serves as a widely recognized benchmark within the financial industry. By analyzing the chart's price movement, we...
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"The stars are aligned"
✨That is what tech pundits and insiders like to say on Apple’s first retail stores in India which will open in Mumbai and Delhi earlier in April, 2023, a move that would get the Cupertino-based company closer to the market with one of the youngest populations in the world.
✨As India’s...
EPS: $1.88 vs. $1.94 estimated, down 10.9% year over year
Revenue: $117.15 billion vs. $121.10 billion estimated, down 5.49% year over year
iPhone revenue: $65.78 billion vs. $68.29 billion estimated, down 8.17% year over year
Mac revenue: $7.74 billion vs. $9.63 billion estimated, down 28.66% year over year
iPad revenue: $9.4 billion vs. $7.76 billion...
Here's a Technical outlook on NASDAQ!
Fundamental Drives
-Easing Inflation Data ( CPI data is 6.5% lower than the prior month's data of 7.1%)
-Possible Slower Rate Hike in the future or Stop hiking interest rates in the upcoming months by the Fed
Price Action Analysis
NASDAQ has already breakout of the upper trendline with an impulsive candlestick. After the...
Great Run for the retailer of the world.
The trensdline support at $85 is crucial.
most likley it will stay within the guard rails of the 25 years. Though the momentum indicators are very weak. Might be it will just laze around the current levels.
As you can clearly see on the chart, the AAPL price has been bouncing back-and-forth between 2 lines (“support” & “resistance”) dating all the way back to 1981!
However, with these 2 lines quickly approaching a point of convergence as the AAPL price approaches a new ATH, something’s gotta give.
And so I ask - what happens next?
Netflix - NFLX - we are expecting Netflix to fill the next Gap over time. Netflix earnings may be the catalyst to get Netflix to the next level. NFLX always seems to win over time. Are you planting financial seeds into NFLX?
Hello Fellow Stock Global Trader/Investor!
Chart Perspective
AAPL has broken out of the substantial support/neckline area. The breakout of the Double Top Pattern could indicate a possible trend reversal. Furthermore, The Trend is moving below the EMA 200 Line, confirming a bearish trend. The MACD Indicator made a death cross, signifying a potential downside...
Hello Fellow Stock Global Trader/Investor!
Chart Perspective
Nasdaq retested the EMA200 and the bearish trendline with an impulsive bearish candlestick, indicating a bearish sentiment. The recent, Breakout of the Complex Double Top Pattern is a clear indication of upcoming bearish sentiment. Recently, The MACD Indicator made a death cross, confirming a possible...
Far too many people got burned over the past 24 hours by betting the FARM on the Fed coming out Hawkish.
I was chatting with a guy on Twitter last week about his call for a deep selling phase (possibly reaching COVID lows) in the US markets. His followers got burned by today's move (some really badly).
You have to shift with the market trends and prepare for the...
Traders and Investors, FAANG index has reached an FCP zone which is also a previous structure level. This can create a good bounce up (BULL) opportunity for all FAANG stocks.
Facebook (Meta)
Apple
Amazon
Netflix
Google
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Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on...
🔥 Hi friends! 434 days from ATH to 2015 year lows. Zuck lost almost $100 billion in 13 month!
Why do I think that META should grow by 182%? The answer will be in the end. Now we gonna talk about the main reasons why the 1 trillion company fall to 270 billion capitalization.
🔥 First of all, if you want to undestand why META fall so deep, you should pay attention...
315 has been a very strong resistance to break for TSLA. On the chart you can see that the top box was built from the top of the breakout gap of Oct25,21 and the pivot point high of Nov4, 21, then we cloned it to establish the bottom box whose floor was the target of the correction, which was met to perfection.
Last Friday TSLA broke below an almost symmetrical...
NFLX has proven in recent weeks to be the strongest stock in the FAANG family of stocks. It has held above a long-term trendline linking the 2013 and 2016 lows.
Comparing the ratios of the SPX and each of the FAANG stocks, NFLX is the only one that has held above the June 2 high.
This is a short term trade to take advantage of a bounce and then decide according...
