Get started

Apple

Goldman Sachs - Are Banks The Next Dumpster?Goldman Sachs is another one of those stocks that's traded like a can of dog food for a very long period of time that the masses are really drawn to, much like Target, Disney, and Paypal, of which you can find calls for that I've made in the linked section below. GS is relatively significant in that it's one of the 30 components of the Dow, which is one of the big three indexes. The Dow had previously been the leader in strength, and for a long time, but in the last several weeks has become the leader in weakness. Although it looks like a minor blip on the radar, I feel it's something of a harbinger of doom. And the problem for Goldman Sachs can be seen clearly on the monthly: Clearly insofar that the bounce from the 2018 high should have lead to new highs. Instead, the distribution block from the market highs served as resistance. 14 months later, it took out July's low and we can now safely theorize that lower prices are in order. Weekly bars show us that a failure swing has formed and July's price action was just a local stop raid. So, what could a catalyst be? Arguably, there doesn't need to be a catalyst. It's just that JP Morgan is long 15,800 puts with a strike of SPX 4,225 expiring September 29 that have never been in the money since they were purchased at the end of Q2. And so when one index falls, all indexes falls, and the arbitrage algorithms naturally take component stocks down with them. There's also the economic disaster China under Xi Jinping and his Chinese Communist Party are facing. When you have a disaster hit the world's "Central Kingdom," nobody is an island and those macro equity flows will cause significant turmoil in other markets. For the U.S. market makers, this simply represents an opportunity to kill longs, buy everyone's losses at the bottom, and rip it back to new highs while you short sell and chase the entire way because Reddit and Discord and Xeeeeeter told you to. But "the best laid plans of mice and men often go awry." What looms over the head of humanity is the CCP's 24-year persecution of Falun Dafa's 100 million practitioners in Mainland China, which was launched by former Chairman Jiang Zemin on July 20, 1999. Although Jiang is dead now, the persecution still continues. Xi hasn't been a part of the persecution. Xi, to the contrary, has been killing the participants of the persecution in his "Anti-Corruption Campaign." But much of the world has gone to Shanghai to do business with the Jiang Faction and that requires swearing vows to the Red Cult's Flag of Blood and leaving collateral. This is going to be a roadblock to the future for the U.S. "systemically important banks" that cannot be passed, and the impact is going to be significant. So, here's the trade on Goldman Sachs. The target the algorithm is set up to pursue is definitely $275. Shorting from $320 actually really isn't that bad. Getting $45 on a put will do rather well for you even if you can only afford one. Although optimal entry was definitely the $350s. But the truth is that you aren't likely to be able to long $274 profitably. I'd say the first place you can look for a reversal or a meaningful bounce is $223. Humans won't believe it until they see it. But once you see it, it's too late. It only counts if you do something for yourself while the cards are still face down. Just like poker, the river is coming, and there won't be any "running it twice."
NYSE:GSShort
by LordWrymouth
Apple -> Now Getting Long!Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪 Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside, breaking major resistance. On the weekly timeframe you can see that Apple is already approching previous resistance which could be acting as support and considering that this level is the previous all time high I certianly do expect at least a short term bullish rejection. However on the daily timeframe everything is still looking quite bearish - therefore I am waiting for a break and retest of the $183 daily structure level before the daily timeframe is also ready for more bullish upside. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
38
Short Trade in AAPLApple has been a top performer all year. The uptrend has been a thing of beauty – steadily marching higher since January. But that ride is over. The stock fell 10% in a week and still failed to attract buyers. It finally broke down last week before reversing higher. But that rally failed. And AAPL is again breaking through short-term support. Traders may consider selling short AAPL stock here in a bet that it will go lower still. This is a very low-risk trade since you could place a buy stop at $182 and risk less than 3% on the trade. Given the high price of the stock, it may be easier to simply buy a put option, like the AAPL $175 put that expires on October 20.
NASDAQ:AAPLShort
by rossgivens
APPL show a large triangular APPL show a large triangular This chart shows the weekly candle chart of Apple's stock in the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the recent high click through of Apple's stock has broken through the 1.618 position of the bottom up golden section in the figure, and then fell down, showing a large triangular oscillation and consolidation pattern overall! So for a period of time in the future, the bottom of the graph should be used to determine the bullish and bearish divide of Apple's stock, with the 1.382 position of the golden section above it and the short range below it!
NASDAQ:AAPL
by Think_More
Snowflake - Is It Time To Stop Gambling On Chop?Snowflake, a Nasdaq company, has earnings looming post-market, which has IV on weekly calls and puts juiced to 150%. Yet people are still gambooling on the next big instawin. The problem is you'll blow your account and won't need TradingView anymore and won't be able to have any fun in your community. Really, a far better proposition if you want 5 and 8:1 odds on things that are like 10 or 20:1 against to hit is to deposit on a sportsbook and put the same risk into a 3-bet parlay on late season MLB. If you're right you'll even get paid the same day and not have to mess around with charts and bars all day. Snowflake is one of the tech sector dump casualties, but has never bounced. The monthly shows very clearly we're simply sitting in $90 worth of range spanning almost a year and a half. And while $90 in range is pretty good, the problem is that it doesn't pump. There will eventually be a change in market structure and the most likely target is under $110. Weekly bars show us that the May low has been taken out before earnings, and this is a factor that is not consistent with bank/fund sponsorship to take out the highs. Which hints to us that the largest players who can move the market of a company that is still valued at $49 billion while printing $650~ million in quarterly revenue are probably targeting the bottom of "the flag" and not the top. While the failure swing at $190 forms a double top and becomes a target, the problem is that everything is set up, with Jackson Hole as the Federal Reserve and the world's most critical financial policy decision pending on Friday, to continue to correct and correct violently into the fourth quarter. Nasdaq Futures - The Trend Is Your Friend, Until The End Moreover, a lot of the worldwide economic situation is being heavily driven by what's going on Mainland China with Xi Jinping and the Chinese Communist Party he still hasn't thrown away. Word in the Western media is that the regime's de facto state run corporations, for whatever reason, are sitting on something like $3 or $4 trillion in real estate debt that's about to explode in their hands. There's still the problem of natural disasters like the Beijing floods, economic calamities like the International Rules Based Order jawing and chattering about "de-risking" from China, and the impact of the virus that has claimed many, many more people than the few hundred thousand the CCP has officially reported to John Hopkins for the official trackers. Worst of all is the 24-year persecution and organ harvesting genocide against Falun Dafa's 100 million spiritual practitioners looms over the head of the Party. Even though Xi isn't responsible for the persecution and hasn't participated, it was done by former Chairman Jiang Zemin and the toad faction nested in Shanghai-Babylon, Xi is the one with his head in the prisoners' box because he's now the Chairman of the Party. And on top of that is an epidemic of arsons masquerading as climate change that have burned to death tens of thousands of hectares of trees and forests and their associated plants and animals. This world is out of control, but it's not allowed to stay out of control for long. And while it's on the brink, you're being told to get long by furus, Discord, Telegram, Wechat, Stocktwits, and Reddit, and are happy to take the bait, because you don't see the danger. So here's what's up for SNOW on earnings. A really likely theory is that it doesn't do much at all because the option sellers will just hold the price where it is in advance of Jackson Hole, let IV decline, collect all the premium from you as everything expires worthless on Friday and laugh. And somewhere along the way, Snowflake will have a $12 retrace to bring in breakup traders and take out short sellers to $165. But this $165 will be another form of optimal short entry to target the $100 mark before Q4 expires. If there's to be upside on this stock, based on the length of time and range of the chop and the specific price action amid the overall market and macro conditions, it would be a lot more likely to come after the lows get taken. Be careful.
NYSE:SNOW
by LordWrymouth
Is AAPL Worth Considering for Dividend?Introduction: As a trader, you constantly seek investment opportunities that offer promising returns. While Apple Inc. (AAPL) has long been known for its innovative products and market dominance, it's worth questioning whether it is equally attractive regarding dividend investing. In this article, we delve into the breakdown details of Apple's dividend and explore whether AAPL is worth considering for dividend-focused traders like yourself. Call-to-Action: Worth Considering AAPL for Dividend Considering the breakdown details of Apple's dividend, it becomes evident that AAPL is a stock worth considering for dividend-focused traders. Here's why: 1. Consistent Dividend Increases: Apple has a track record of consistently increasing its dividend payout, reflecting its commitment to rewarding shareholders. 2. Competitive Dividend Yield: With a dividend yield of , AAPL offers a competitive return compared to other dividend-paying stocks in the market. 3. Potential for Future Growth: Apple's commitment to dividend growth suggests that there is potential for further increases in the future, which could enhance your investment returns. 4. Strong Financial Position: Apple's relatively low payout ratio indicates its ability to sustain and potentially increase dividend payments in the long run, supported by its strong financial position. In conclusion, while Apple's primary focus may be on its product innovation, the breakdown details of its dividend program make AAPL a compelling option for dividend-focused traders. By considering AAPL for dividend investing, you can benefit from consistent dividend increases, competitive dividend yield, and the company's strong financial position. So, why not explore the potential of AAPL as a dividend investment opportunity? Disclaimer: It is essential to conduct thorough research and consult with a financial advisor before making any investment decisions.
PYTH:AAPLLong
by bryandowningqln
AAPL | Informative | Aug 21 to Aug 25NASDAQ:AAPL If the price of NASDAQ:AAPL breaks above the bullish trigger of 175.10, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target prices could be set at 177.20, 178.10, and 179.72. Conversely, if the price of NASDAQ:AAPL breaks below the bearish trigger of 173.48, it may suggest a bearish signal, implying potential downward price movement. In this case, the target prices could be set at 171.96, 170.52, and 169.50+. *Personally I expect a bullish price action during the week.
NASDAQ:AAPL
by shkspr
Tesla - What To Expect Until September?I heard something rather enlightening on Twitter recently, and it was someone who quoted some sort of analyst as pointing out "Tesla is its own market." I think that's really correct, and really apt, especially in light of a recent analysis of the new JPM collar that dropped on Friday, where I anticipate a very violent and very major drop in the markets until Q3. SPX/ES - An Analysis Of The 'JPM Collar' The point is that Tesla can (and has; and will) go up or go down regardless of what the indexes are doing This call is also a continuation of a very successful call I had on Tesla posted in February. Things took several months to pan out to the downside and then to the upside, but everything came to fruition: Tesla - $250 Is Coming... Don't Lose Your Legs In the Bear Trap The key thing with Tesla, especially for the long term holders who think this company has a $3 trillion valuation in it like Apple does, is the Q4 dump to almost exactly $100 was anything but bullish. But fortunately, this "bearishness" has manifested in a significant bounce, and, in my opinion, the Party hasn't yet stopped here. Speaking of "The Party," you have to be very careful with Tesla because Elon Musk decided to root a huge bulk of his company's production with a Gigafactory in Shanghai-Babylon. This leaves this company open to exceptionally enormous geopolitical and fundamental risks as President Xi Jinping faces the possibility of having to dump the Chinese Communist Party overnight, any night, because of the battle against both the remnants of the Jiang Zemin faction inside China and the "International Rules Based Order" that's rooted itself in Taiwan. To put it plainly, the IRBO wants to take over China using someone it has groomed from The Republic when the CCP falls, with the idea being to take down Xi with the Party. The "Jiang Faction" is significant because it's the architect and conductor of the 24-year-long persecution and genocide of Falun Dafa's 100 million practitioners. The sins are grave to the extreme and can (and will) be weaponized to put an end to the threats to Cathay. With Tesla, I believe it's going to dump, and with some fury. And during the process, you'll hear a lot of FUD about blah blah fundamentals this, blah blah "can you believe how this ponzi is dumping people who bought $250 will be generational bagholders" that on social media. You need to ignore all of that, because the day Tesla breaks $100 is the day Tesla is finished. Moreover, Tesla is about to give you a buying opportunity in the $180 range. Remember that whole adage about "buy the dip"? You're about to get the opportunity, again, but it won't feel very good because things will be scary and it will seem like everything is going to zero, and tomorrow. Seriously, read the JPM collar post above. Once the dust has settled, if the April lows remain intact, then the next target is the equal highs printed in July to September before the enormous sell off, amounting to nearly another two bagger. But perhaps what Tesla really is aiming for is something Musk can get high on. If by early September you see the price bouncing and try to short, it'll more or less turn out as bad as it did for NVDIA bears. No matter how you complain about P/E ratios and market cap and comparisons to Ford and Toyota, the reality is, this is what a bearish market structure actually looks like in action. The banks sell on red and buy on green. You buy on green and sell on red. It's a painful reality, isn't it?
NASDAQ:TSLAShort
by LordWrymouth
6
APPLE Trading Opportunity! BUY! My dear subscribers, This is my opinion on the APPLE next move: The instrument tests an important psychological level 174.49 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 180.67 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
NASDAQ:AAPLLong
by AnabelSignals
1
TSLA — Bulls, This Is Your Chance to Punish The Club-Footed OnesTesla over the weekend said its first much anticipated Cybertruck came off the electric vehicle maker’s production line in Texas. The debut of the long-delayed, futuristic-looking pickup truck comes in the lead up to Tesla’s second quarter 2023 earnings call. Tesla CEO Elon Musk first introduced the Cybertruck in 2019, but vehicle production has repeatedly been delayed. The truck was initially scheduled for production and delivery in 2021, but Tesla has pushed back the timing since then, citing shortages in sourcing components. In July 2022, Musk set a new production schedule for summer 2023. During Tesla’s first quarter 2023 earnings call, the executive also promised to host a delivery event for the Cybertruck towards the end of Q3. Musk said at Tesla’s 2023 annual shareholder’s meeting in May that the automaker could deliver between 250,000 to 500,000 units per year once production begins. Mass production is scheduled for the end of this year. Analysts will be on the lookout Wednesday during the automaker’s Q2 earnings call for firmer details on production, delivery and specs. While Tesla has attributed Cybertruck delays to standard supply chain issues, leaked documents have revealed other fundamental flaws in the vehicle’s basic design and engineering. In January 2022, a whistleblower leaked 100 GB of files to German outlet Handelsblatt that showed preproduction prototypes had serious braking, powertrain, suspension, sealing and structural issues. The report, which detailed unfulfilled promises from Tesla, reminded many of the first Cybertruck reveal event, when the vehicle’s designer cracked the supposedly unbreakable armor glass windows. As of November 2022, the Cybertruck had over 1.5 million reservations, according to a report from Electrek. Tesla customers have been able to put down a $100 refundable deposit to pre-order since 2019. Tesla originally estimated the truck would start at $39,900 for the single motor and rear-wheel drive model, which would have a towing capacity of 7,500 pounds and more than 250 miles of range. That model is now expected to start at about $50,000, according to Kelley Blue Book. The dual-motor, all-wheel drive version could start at around $60,000, and it should have a towing capacity of more than 10,000 pounds and over 300 miles of range. The priciest version, starting at around $70,000, will have three electric motors and all-wheel drive, a towing capacity of 14,000 pounds and battery range of over 500 miles. Tesla usually changes prices in the middle of a model year, so these prices may shift again before the end of 2023. Cybertruck buyers may be eligible for the U.S.’s $7,500 federal EV tax incentives. Tesla’s pickup truck launch will bring the automaker into another profitable EV segment in the U.S. The Cybertruck will have to compete with electric pickups like Ford’s F-150 Lightning, which is available now with a starting price of around $60,000. Other upcoming pickups include the Chevrolet Silverado EV and the Rivian R1T. The Silverado EV Work Truck starts at $77,905 and can go 450 miles on a charge. Delivery is expected in the fall of 2023. The Rivian starts at $74,000, with deliveries for certain trims starting this summer. Technical picture in Tesla stocks NASDAQ:TSLA indicates that bearish trend is over, and this is the last chance to jump on the footboard of Tesla rocket. Bulls, This Is Your Chance to Punish All The Club-Footed Ones
NASDAQ:TSLA
by Pandorra
1
Palantir - Fear Worshippers of The All Seeing EyeI have to say that Palantir is a really difficult chart to read. On the one hand, looking at monthly bars, it's the kind of pattern which indicates new highs are in store. Weekly bars are about the same. Nothing about this says you can short. And its only that there's some divergences on the daily. But those divergences are really meaningful. However, at the same time, although it's up some 220%+ from the bottom, the bottom did take out the IPO low, which is not bullish. And these high prices are coming at a time when the Nasdaq and the SPX may very well have topped, which I address in my latest call: SPX - The Sound of a Shattering Iceberg Palantir is a company that is ostensibly a key component of the panopticon surveillance network that underlines the International Rules Based Order's version of the Chinese Communist Party's social credit system. At least, this is what rightists would tell you. If you asked the people behind the West's implementation of social credit, they would say they just seek to advance an enlightened society while keeping stability and security under control, and big data collection is crucial to that. Well, if you ask CCP members, they would tell you the same thing, just coated in Marxist jargon. And therein lies the problem. Mankind needs to return to its 5,000 year old traditions, which were reared and established over China's long dynasties, instead of trying to go Big Atheism and reinvent The Wheel. Regardless of if Palantir at its current $37 billion valuation is a part of the future or a part of the past and gone with the wind, the last three months of trading have been totally one directional. Which makes wanting to get short very deadly. However, conditions for a short setup that is at least a scalp were formed with the July high on the 19th. The reason for this is that price swept a key level and was met with a stiff rejection, taking a pivot. All on its own, in the stock market with the way it just likes to go uppy or grind sideways, this makes shorting or puts hard, still. But what we saw is daily candles double bottom at precisely $16.00, with Friday's trading session being yet another big green gainer on the back of such a bottom. And so, as Buffet said, one should be fearful when others are greedy, and greedy only when others are fearful. So the trade is to short somewhere between where we closed on Friday and over $18. When another dump occurs, where it dumps to will tell us everything about the future. If Palantir is truly bullish to more upside, it will preserve the June low at $13.56. If it's really bullish, it should even preserve the July low at $14.62 If it's bullish, but is going to take until 2024 to go higher, we can expect prices under $12. If it's bearish, prices under $11 are the target, with an all time low on deck and about to hit everyone on the face. Which do I think is the most likely? Frankly, probably a dump under $15 and a new high in August. There's no other way to put it or look at it at the moment. For things to be different, you'd need something like a banking crisis to intervene in the markets, a prospect I undertake here: Charles Schwab - The Harbinger Of The Next Crisis? I believe that, all things considered, the risk side of the trade right now is people who are longing this top, regarding it as a dip to buy, expecting more highs. Because people have capitulated, become greedy, and have taken their eyes off the clock. You should remember that you're just standing in an equities bear market rally while central banks have their key rates pinned over 5% and no intention to cut. This is bad news for stocks, and yet people are being told indexes are set to make a new all time high. Repricing to the downside can come violently, aggressively, be gappy, and will give those on the wrong side of the trade no chance to get out. Be very careful.
PLong
by LordWrymouth
4
Apple - So, You've Been Taught To Buy That Dip...Apple has really been, perhaps arguably, the key reason the bear market rally has been as extreme as it has in 2023. Looking back to January, there really has not been even a single genuinely bearish day. But with Q2 earnings as a catalyst, we now have signs of a genuine and significant reversal pattern, and at an all time high. It's very evident on monthly bars. Weekly bars are even more obvious, showing that today, we took the July low, and there's no luft to the bounce. Long is a bad trade and short is now a good trade, is what we're being told. "The trend is your friend, until the end" is a saying with a lot of wisdom. If you can figure out you've ran into "the end" in the first few hours, then you really will be a lucky person. A lot of people may be about to blow their accounts trying to buy that dip, which they've been conditioned to do so like Pavlov's dog and his bell. Apple is a company that's maintained close ties, all these years, to the Chinese Communist Party. You should always remember there is a difference between "China" and "the CCP." China is a 5,000 year old country with a culture of dynasties that were imparted since the Great Flood by the Divine. The CCP is a 100-year-old Red Demon whose existence was arranged to destroy humanity, the Earth, and the Cosmos itself. Xi Jinping has ruled both China and the CCP since 2012, and it's both a blessing and a curse for him. If Xi isn't intelligent enough to go Gorbachev-style and overthrow the Party in the middle of the US night, then Xi will go down in history as the leader of the rogue regime at the end, and will be responsible for everything it has done in history. This includes the 24-year-long persecution of Falun Dafa's 100 million spiritual cultivators. Although the persecution was started July 20, 1999 by former Chairman Jiang Zemin and conducted by the toad's faction all these years, and Xi has been killing and bankrupting the rogue faction's minions in the Anti-corruption Campaign, the problem with being tagged as the CCP's leader is that the head is always the first thing you cut off with the guillotine. So, here's the thing for Apple. I expect Apple to take the $176.93 July low, probably sometime next week, based on how the markets are reacting. From there, we may see a retrace. What this will indicate is that Apple's market, for the first time in 2023, has finally shifted bearish. What this is the canary in the coalmine for is a significant correction. You can actually see this kind of pattern play out strongly in Amazon's monthly bars, which I comment on in their earnings pattern below: Amazon - Greed, Just Like Speed, Kills I anticipated that SPX was due for numbers as low as 4,420~ in the below call: SPX - The Sound of a Shattering Iceberg And so the setup with Apple is this: Short any bounce, with a target of $174. Then, don't get greedy. Anticipate a bounce into the August 18 options expiry. But that bounce may be no better than a flirt with $190. From there, you can consider it a "Godshort" with a target below the 2022 $124 low. And what I want to say is that if Apple has topped, everything is topped. Everyone is greedy and blinded by greed, buying highs without fear. Buying highs without fear. Buying highs without fear! "We are fearful when others are greedy, and greedy only when others are fearful" is something Warren Buffett is notable for stating. And although Buffett doesn't qualify as any kind of a good man, the Truth is the Truth, even if a toad states it. Be careful. Things are about to change extremely quickly. Can you keep up? Can you enlighten to it? Missing the chance, there may be no further opportunities.
NASDAQ:AAPLShort
by LordWrymouth
Nasdaq NQ - Is It Time To Sell The Rip?Greed quickly became extreme at the end of July, and the beginning of August has severely punished bulls, who are still buying the dip and buying the dip. The July high on Nasdaq happened to occur along with the Dow and the SPX in that all three indexes swept out the January '22 pivot that amounted to a rejection that ended that unprecedented bull market. Looking at monthly bars, you can see how extreme this '23 bear market rally has been, and how far the Nasdaq is above its long-term trendlines, how the COVID points were never tested on SPX or Nasdaq, but were raided on the Dow... And you get some perspective on the weekly bars. Here's some key problems for bulls: 1. Equities don't like high interest rates. Big money is needed to move markets and that money likes to seek safe yield. When rates are really high, bonds are really cheap to buy, and money tends to flow into them instead of equities. 2. This means equities rallies in high interest rate environments are bear market rallies by definition. Smart money pumps and sells equities to fuel a buying spree in bonds. 3.With Fed rates pushing 5.5% and there being no chance of cuts until inflation goes from 4% to 2% sustained on a long term basis, ask yourself what really is the bull case that's going to lead to new all time highs? When you're dealing with multiple fundamental factors that are bearish, but price action is bullish, you absolutely have to be cautious, or else you're likely to get gibed. Moreover, geopolitical problems are really serious. The biggest problem is the situation in Mainland China with a Chinese Communist Party that is about to fall while the Western propaganda outlets report on absolutely nothing of significance. All the talk about "Taiwan War" is to make a pariah of Xi Jinping and his faction of Chinese nationalists. What all the globalists are really preparing for is how to take control of China when the CCP falls. To do this, they need to position a man that has been groomed to take control of the country, and this will be done using the Republic of Taiwan as a proxy. But "the best laid plans of mice and men" is an issue. Overhanging all of humanity's head like the Sword of Damocles is the 24-year persecution and organ harvesting genocide of Falun Dafa's 100 million spiritual practitioners by the CCP and former Chairman Jiang Zemin's faction. Although Xi has been killing toadJiang's toad faction for over a decade with the Anti-Corruption Campaign, the problem is that Xi is still the Chairman of the Party, and all of its sins in 100 years hang over his neck like a noose. If Xi is smart, he'll overthrow the Party Gorbachev style. And if he isn't, he'll go down with it. But either way, when the Party goes, the persecution will become the #1 issue that all of humanity will have to face, for the sin is extreme. Equities markets will not be bullish those days, and you truly will be in a new paradigm. So here's the short term price action on the Nasdaq. End of July and early August price action confirms that the top, for now, is in. This means that dips are no longer buyable. It's only that you can short the rips. This will remain true until a certain downside objective is met, and when this becomes true, that downside objective is pretty much exclusively where an old low is. We have two areas of concern for lower prices. One is the June low at 14,250. Although I don't expect the market makers to take this point before September, it certainly is possible. More significant is the 14,850 pivot from the end of June. This number happens to result in a raid on the psychological 15,000 level, there's a gap nearby, and it can serve as a useful level to bounce for heading into the end of August. Keep in mind that August's monthly options expire on the 18th, which leave a solid 9 trading days remaining before the end of September. While you might feel that these targets are too far away to be realistic, keep in mind that dumping to 14,100 from where markets closed on Friday is really only 8%. 8% on QQQ amounts to like $25 and isn't that big of a deal compared to what some other three digit stuff does in a single day. And maybe you really don't believe it either way. But take a look at Apple, the most important stock on the market. It's showing you all the signs that you'd ever need to see that it's either topped or will raid $200 once before going down: Apple - So, You've Been Taught To Buy That Dip... Same with Microsoft Microsoft - Is The Top Already In? Same with Netflix Netflix - I Hope You Like Catching Knives The scary thing about tops is that the first time you get the sell off, the sell off tends to hurt longs, scare them out, and then you get a bounce that flirts with old highs. And that pattern leads to the "sell low, buy back higher" phenomenon. Which results in people buying the tops, hard, and permabears missing their chance to be short and missing the entire move down. But if you understand what's going on, you can capitalize on the early downside, the early bounce, and Godshort the top and ride the trend down. It's hard to do because of human emotions and the interference of long periods of time. But the wisdom is right here to do it. A potential timeline for the downside to finish is literally as early as Wednesday, because August CPI is on deck for Thursday. Another option is that CPI leads to the blowout under 15,000 and the bounce is into the end of August. Beware the JPM Collar. Expiring September 29, they're long on SPX puts with a strike of 4,200. Just ask yourself if America's most keystone systemically important bank is going to be expiring worthless like retail traders do.
CME_MINI:NQ1!Short
by LordWrymouth
SPX - The Sound of a Shattering IcebergLast week's SPX call was pretty accurate in terms of levels. What was wrong was only the order of operations and timing. ES SPX Futures - Welcome to FOMCmageddon I had felt it made sense for the market maker to sweep out the lows before taking the highs, but the plan was the opposite, and this actually adds credence to the theory that the markets are topping. Something to keep in mind about calls for new all time highs, that we're hearing everywhere now, is that equities generally don't moon in high interest rate environments, and every central bank that matters in the world except for Japan is playing with 3-5%. And nobody is cutting. Warren Buffet said to "be fearful when others are greedy" and it's really a piece of wisdom you ought to take to heart, right now. Something I would like to tell you is that tops and bottoms are, 100% of the time, hindsight calls. There is no way to actually accurately predict a top and a bottom before it unfolds. What you can do as a trader, however, is anticipate that certain levels are the target, and look to see if price action and other covariances and fundamental factors confirm the theory if price trades to that level. Then, using risk management and some rational logic, one can take the position, and shift their bias. If you can read the map and execute, you'll make a lot of money. Otherwise, you can only make money if you're lucky, and few are particularly lucky, since we're all just mortals. There's some problems with the "more uppy for more longer" theory. A core factor is that the beginning of July marked a quarterly shift, and the entire month has been even more up. There are now only August and September remaining. If it's not SPX 5,500 coming this year, the reversal is probably going to be violent, it stands to reason. Another really crucial core factor is the geopolitical situation between the International Rules Based Order, which Washington ostensibly heads, and the Chinese government under Xi Jinping. A really noticeable characteristic of all the clamoring in the propaganda machine is that they never go after "The Chinese Communist Party," they always go after "China" and Xi. You should always remember this adage: "China is not the CCP." You should always remember that when someone is attacking the world's only 5,000 year old culture and nation, the world's largest and most rich in natural resources and talent, they're likely to be Fabians. Although Xi is, and has been for a decade, the leader of the CCP, the most notable thing about him is that he has never persecuted Falun Dafa's 100 million practitioners, who have been subjected to organ harvesting genocide under the edict of former Chairman Jiang Zemin starting July 20, 1999. In fact, Xi has actually protected Falun Gong in Hong Kong, hitting thugs who target the practice's spiritual cultivators with the Anti-corruption Campaign, after the National Security Law and John Lee were installed as Chief Executive. It's notable that John Lee has been denied entry to San Francisco for the APEC economic summit in November by Joe Biden, on that account. All of this is to say the geopolitical chatter you hear on "China" is a disaster waiting to happen with "Taiwan." Speaking of Taiwan, I really believe that TSM (Taiwan Semiconductor Manufacturing Corporation) is a significantly potent long to hedge with if the U.S. equities market goes sideways: ]TSM - Taiwan, Your Semiconductor Long Hedge But "Taiwan War" does not mean that Xi is going to invade. The CCP is heavily weakened from the pandemic and in no position to be attacking an island that will become the Ukraine proxy war, but on a whole other level. If Xi were really an idiot, the IRBO and the Jiang Faction would have been able to kill him years ago. Instead, the CCP is about to fall, and what the IRBO is looking to do is depose Xi and replace him with a submissive and groomed toady from Taiwan, Maidan Revolution style (see Oliver Stone's film Ukraine on Fire). If Xi is smart, he will weaponize the persecution of Falun Gong to defend China and himself, because Wall Street and the world government have been continuously going to Shanghai to train Marxism with the Jiangling toads, which means bloodying their hands in the persecution as "insurance." Google the Neil Heywood story and give it some sober thought. Back to price action and trading on the most important index right now: other risks are that both the Nasdaq and the Dow also took out the same pivot, and reacted in identical ways: Another is that the VIX, which is already anomalously low, but won't print a single digit handle, has printed higher lows, followed by a breakout and retracement: While 10-Year Treasury bonds, important because they represent the "Risk Free Rate," meaning huge, long term money can park cash here instead of taking risk in equities, look like a nightmare. (Rates up = bonds down) It looks like a nightmare because Jerome Powell again said during the Q&A portion of the FOMC press conference that the inflation target is 2% while it's still 3.8% (What's 90% among friends?), that rate cuts aren't coming, and further pausing is totally contingent on economic data being spectacular in favour of deflation. (Is not happening). And all of the above is confirmed by the US Dollar Index's higher time frame candles showing the dump under 100.00 was really just a raid, and we're about to get our upside to 108+ on. So, here's what I expect to happen as soon as Monday: I believe, based on the price action that unfolded Thursday and Friday of this week, that the market makers will take advantage of Monday, July 31 to print the high of the month, breaking the 4,630 level to roughly 4,650. This will kill all the short traders who entered early and shorted Friday, and bring in a great number of breakout traders. I am anticipating (the key word is anticipating!) this will be a major bull trap and price will reverse. The confirmation will be if price does retrace and takes the 4,544 level. If so, this is no longer a dip to buy, and entering shorts on retrace will be difficult because the market makers are likely to reprice aggressively away from their trap at the top. It may seem like a dump to 4,544 compared to 4,557 isn't very significant, being 13 points after all, forming just another "higher highs lower lows" expansion pattern. But what taking 4,544 shows, in reality, is that the biggest money now wants to take sell stops and begin to capitalize on "The Big Short." The first target for August, if this pans out, will be the 4,411.25 level. It looks really far away on the chart, but it's only 200 points. Only 5 percent. Compared to last year's volatility and ranges, it's not really that big of a deal, especially for a while month. You've just been Pavloved to follow the ring of a bell. Moreover, the 4,411 level is also July's low. A factor that I believe may lead to the destruction of the markets is latent malignancy in the banking sector, with Charles Schwab being the standout problem, I chronicle below: Charles Schwab - The Harbinger Of The Next Crisis? A lot of people are going to kill themselves buying the dip and getting stopped out and buying the dip again and getting stopped out again, if this all transpires according to the thesis. And people who don't use stops are going to get gapped down on. And those gap downs will be runaways that don't come back this time. Equities bulls are going to get gapped on like every day and have Barstool Sports Dave Portnoy '22-style meltdowns. However, if all of this does not transpire and price continues to reach over 4,700, then we can only say that the target the market makers really aspire for is ALL the liquidity over the 2021 all time highs circa 4,800. What we have is dueling possibilities, one far more likely than the other: topping being a lot more likely than a new all time high because the the environment is one where the Fed Funds Rate is going to be 6%+ by year end. But we need price action to confirm the theory. All of the above is my gift to you, as readers, followers, and even trolls. Our human race and this Planet Earth may really be in for an "early autumn" this year. The implications will shock not only the equities markets, but every aspect of our daily lives. I wish you all a bright future, but you have to believe and execute before you can see and harvest fruit. It's up to the individual to cultivate their hearts and minds accordingly.
CME_MINI:ES1!Short
by LordWrymouth
9
Apple -> Correction Already Over?Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Apple 💪 Starting on the monthly timeframe you can see that after Apple broke out of the clear triangle formation in confluence with the bullish moving averages, Apple created a strong rally of 30% towards the upside, breaking major resistance. On the weekly timeframe you can see that Apple is already approching previous resistance which could be acting as support and after the retest of the 0.382 fibonacci retracement level we could see at least a short term bullish bounce. But Apple stock is still creating bearish market structure so there is also a chance that Apple stock will just break below the current support level - If you are looking for longs though I would simply wait for a break aboce the bearish daily trendline and then enter a long position. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
23
SIGNS OF WEAKNESSHi Guys, MrBanker is here. SP500 had been in a long uptrend starting from June 2020. During this period, the trend was succesfully tested 7 times. However, that trend has changed after exactly 19 Months. - This was the first sign of weakness in the trend. Additionally, the price-action broke below 200D EMA since FEB 2020. - This is the second sign of weakness . Currently, there is a trading war between bears and bulls, therefore, 200D EMA is tested again to validate a bullish or bearish trend. I cannot judge the direction of the trend based on this analysis but there is an obvious bearish sentiment in the markets. Trade Safe, MrBanker
TVC:SPXShort
by Mr_Banker