This is where we can learn something about the underlying tone of the market, the more upside momentum we can get, the better. This is also what I would consider very fertile ground for selling longs in to any price strength and selling short in to price strength, I know it goes against all emotions, but you get a better entry and you have less risk.
I'm updating AAPL next, as a market Bellwether it seems to have a message for us, this is one I would definitely sell/short in to strength.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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