I also like AAPL and GOOG as equity longs.
Here's AAPL, not too different than GOOG...
At first I thought the AAPL divergence was just the 15 min leading positive on the right side, now I suspect it may be an entire "W" base from early March.
The 2 hour AAPL chart positive in March and leading positive since, especially at the recent lows.
The other charts in AAPL look good, 5 min, 15 min,etc. I'm waiting for the same thing in AAPL as GOOG...
improvement on the 1 min chart that suggests market makers are loading up for a move shortly.
Like GOOG, I'd like to see the market or at least the QQQ improve around the same time.
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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