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VOLUME FLOW: SEMI'S ($SMH) AGAINST THE BROADER MARKET ($SPY)VOLUME FLOW INDEX: Both $SPY (broader market) and $SMH (semi-conductor industry) are currently in a neutral trend as measured by their 13 Day EMA envelope (top box). Both are also residing in similar places within their longer term downward trends. It is only when we take a look at volume as measured by the Volume Flow Index (VFI) that we can uncover some relative differences that could prove meaningful in the near term. Volume has yet to breach zero line (white horizontal histogram) to the upside in broader market ($SPY, see left lower box). Volume has breached the zero line in the semi-conductor sector($SMH, see lower right box), as illustrated by the yellow vertical line. This would indicate good 'force' behind the recent semi-conductor rally as measured by 'volume follow through' which I would consider a measure of 'conviction'. This could be indicative of a near term preference for the semi's amidst an overall run to defensives in the broader market OR it could just be that semi's are a little bit stickier than the rest of 'growth' and still have some downside wood to chop. Given the semi's association with 'Growth' this divergent volume trend seemed counter-intuitive to the prevailing narrative so I thought I would share. (Not financial advice)
NASDAQ:SMH
by Firewalker_Charts
Is Apple about to be 'bitten'?Apple is one of the companies whose stock price is overvalued, and the company is facing several severe issues: 1. Big tech layoffs. If US tech is doing quite poorly and companies are laying off people, they probably won't buy new equipment or software. The fired tech workers probably won't be buying stuff for themselves either, and neither will those that see their colleagues fired. 2. Apple's production in China faces significant problems due to lockdowns or because the 'employees' are revolting. These disruptions hurt the reliability of Apple, as well as its image. Unfortunately, many employees are working and living in awful conditions, which is being exposed. Many ESG funds that hold Apple could end up having to dump their shares based on these concerns. 3. Some US politicians are increasingly worried about the connections between Apple and the CCP. With Apple 'threatening' to remove Twitter from its Appstore while supporting the CCP in an era where tensions between US and China aren't great, we could see Apple face more pressure to move away from China. That could increase their costs significantly while also disrupting production even further. 4. As retail consumers are affected by inflation and high-interest rates, they will spend less on buying new stuff, and many devices/apps aren't necessary. At the same time, Apple has been raising its prices due to increased costs (of production), which might further incentivize customers not to purchase their products/services. As if these weren't enough, some of its new products aren't that much of an upgrade to the previous versions. 5. As the world is moving closer toward open source and open technologies/marketplaces, the 30% tax on the Apple app store looks worse and worse by the day. Based on the above, the free market and politicians in the US might try to break Apple's monopoly, which could initially lower its revenue. 6. Current Apple valuation is 3.4x that of the entire crypto market (stablecoins excluded). This is just too large. AAPL is trading below all its major moving averages, has broken its old uptrend, and has plenty of room to move down toward that major gap at 96$. Most major US companies have fallen more than 30% and have filled many significant gaps, yet Apple has not. Therefore it is possible to see the stock price go down to those levels in the next few months.
NASDAQ:AAPLShort
by BitcoinMacro
1
"Cryptocurrency Turmoil: The Ups and Downs of Coinbase and Other"Cryptocurrency Turmoil: The Ups and Downs of Coinbase and Other Digital Asset Companies" Coinbase is a company that helps people buy and sell digital coins called cryptocurrencies. It became a public company in April 2021 and was worth a lot of money at the time. But lately, the value of cryptocurrencies has been changing a lot and it's made it hard for Coinbase to make as much money as it used to. Another company that helps people trade cryptocurrencies, called FTX, had to close down because it was having financial problems. This made people worried about investing in cryptocurrencies and caused the value to go up and down more than usual. Some people try to make money by betting that the value of a company's stock will go down, and they're called short sellers. They've been trying to make money by betting that Coinbase's stock will go down, and they've had some success because the stock has gone down a lot this year. Other companies that are related to cryptocurrencies have also seen their stock go down and have had more short sellers trying to make money off of them. There is a tool that helps people see how much demand there is for borrowing a company's stock to sell it, and it's called "utilization." Utilization for Coinbase has gone up recently because more people are trying to borrow its stock to sell it. Short sellers have to pay a fee to borrow the stock, and this fee has gone up a lot for Coinbase recently. There are also other companies, like MicroStrategy and Marathon Digital Holdings, that have seen their stock go down and have had more short sellers trying to make money off of them. The fees to borrow their stock have also gone up.
NASDAQ:COINShort
by maraxrara
Nasdaq Fractal Blackswan Cycles 📈📉The average citizen lacks any real understanding of Central Banking all they know are uneducated talking point from 🐑 that have the same or less power over their lives & the system as a whole that gave rise 2 them at leverage while they are none the wiser they are referred to by the architects of the system as... 🤓👉 ( working class / human capital) Scandals like Enron, Madoff, & now FTX are just bi-products of easy money policy that gives risk to excessive risk seeking behavior by the 🐑 which the FED understands most be corrected out of the system in order to maintain the 100 yr + trajectory they have done with the United States of America & ensure the survival of the livestock in the farm so the country has a stable to growing labor pool to remain an ongoing concern. There is a reason Steve Jobs didn't care what the peeps in the mailroom complained about and that is cuz its not their system and they have no idea how lucky they are to even be part of it 🧐 This cycle with FTX is just one more demonstration of just how much The Federal Reserve is the market & really knows what they are doing. As painful as the de-risking process the Fed puts the country through can be we can see on the macro that it is indeed a necessary evil to flush out back actors that form during easy 💰 policy cycles ♻️ & before they can grow even larger & more damaging to the system as a whole 🤓 Bear 🐻 markets end in mass graves 💀 so these events are 🔑 2 bringing aboutthe depression phase of the cycle & bottoming out the market before the Fed engineers new growth 📈 Patiently waiting for 2024 💡
NASDAQ:NDX
by Kazonomics
7
AAPLs always fall from the treeDo any apples ever stay on the tree? Alot if mass holding this bitten apple up. It’s only a matter of time before it falls from the tree. Lots of imbalance below and smart money concepts on the weekly/monthly looking tasty for leap puts. Not investment advice but I am loading… Musk vs Apple, CCP, 30% tax. All signs the Apple is connected by its last fiber. The slightest mention of US regulation against Apple sue to its monopoly will send the Apple tumbling towards equilibrium or discount zone. Trade safe and have fun!
NASDAQ:AAPLShort
by Verum0
Nasdaq 100 will keep falling. Here are some key levels to trade!The chart shows my macro plan on the Nasdaq. I believe with fed rate hikes today we will start again another decent lower in the markets. The Nasdaq has great potential to see a nice relief bounce off of the Golden Pocket noted on the chart. This small rally will most likely be stopped in its tracks at the descending trendline (if it even gets that far). After a solid rejection at the trendline the Nasdaq will head lower into the .786 fib retracement and into a major uptrend support line. If this line holds and the fed has stopped hiking rates it is very possible that the Nasdaq could breakout of the descending parallel channel.
TVC:NDQ
by farmtrader15
1
Tesla - Breaking out of a wedgeTesla - Short Term - We look to Buy at 177.90 (stop at 163.33) The medium term bias remains bearish. Broken out of the wedge formation to the upside. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Preferred trade is to buy on dips. Our profit targets will be 237.00 and 262 Resistance: 200.82 / 237.40 / 265.25 Support: 169.91 / 166.19 / 150.83 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NASDAQ:TSLALong
by VantageMarkets
AMD ~ Heavy Demand Area AMD, the semiconductor leader, and monstrous Tech Company has taken a very big hit on its stock in the past 12 months. AMD Has issued guidance worries on demand woes and earlier, supply woes. No matter these shorter-term issues that are going on within AMD, and in the Macro-Outlook of the Economy, AMD is attracting and will be attracting many buyers at these much more fair-valued prices. As AMD has continued to fall it has hit a significant Trendline that has acted as strong support for the past year's downtrend. Along with this trendline tap, AMD continues to enter a major demand zone from pre-covid levels. The High $40s to $60 will remain a very demand-heavy spot for AMD as many buyers step in. Long Term buyers and bounce Buyers are anticipating for a bounce off these trendlines, and possibly a bottom near this solid demand zone. AMD's p/e ratio has fallen dramatically to around 20, resigning a fair price to the company's stock rather than the high $100s. Many Buyers will be seeing value at this price. My thesis is that this can be a smart Long-Term Entry for scale-ins on the company's stock. Buying at these demand levels will carry lower risk/reward with AMD reaching fair value, and a huge demand zone. I personally believe years out, this is a perfect acquiring zone to start!
NASDAQ:AMDLong
by ZachSap
4
GOOG: Inverted Cup with Handle Google is playing out an inverted cup and handle with a conservative price target of $73-76. The price target should be lower, around $71.50, but I shaved a little off because there is some old support from the Jul-Oct 2020 period that should buoy the price, at least for a bit. The daily EMA ribbon flipped bearish in April and since then a precipitous 38% downslide has ensued, the most recent retest of the daily EMA on Oct 24th yielded another crushing rejection. Price should be ready to run again to the downside as it recently slipped through a support/resistance line unrelated to the pattern around $89.40 and has since completed a pullback and been rejected.
NASDAQ:GOOGShort
by TheProfligate
1
Tech will continue to rise and build baselooking for $xlk index to continue bullish momentum into next week and at least hit B leg. Notice the rising bear flag into the previous highs. I would like to be out before the apex complex and give way to another direction or even if a continuation direction. Price action expected to move to $140 area. There is a base building, and likely will need a handle to support. At that time, possible bearish position will be created. Not trading or investment advice. Just for my education, learning, and trading experience.
AMEX:XLK
by moneyflow_trader
$MIRM september accumulation 👁‍🗨*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Mirum Pharmaceuticals announced a shelf offering of $10 million today. This created an excellent buying opportunity which we used as our first entry. My team will be using the rest of September to build our position. We are expecting a bullish run before the end of the year, but if one happens sooner, we will of course act in our favor and do what we think is best. Entry: $22.80 Take Profit: Somewhere above $32 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:MIRMLong
by SimplyShowMeTheMoney
Apple - All eyes on the Apple earnings tonightAfter some other companies have already reported their earnings for the 3rd quarter of 2022, today, eyes are on Apple Inc. as it is poised to announce its own results after the market close. We do not know what the reaction will be; however, we do not think it really matters as the broad market is failing to deliver expectations. We believe it is just a matter of time until something breaks in the stock market, and with the FED decision coming out next Tuesday, that event might be around the corner. For that reason, we stay on the sidelines, as we outlined about two weeks ago, waiting for the right opportunity to get back into a short position. Illustration 1.01 Illustration 1.01 shows the daily chart of Apple stock. It bears a resemblance to the MSFT chart before the drop (after the earnings report). We would not be surprised to see Apple show a similar reaction to the earnings release. Therefore, we voice a word of caution to investors. Technical analysis - daily time frame RSI and Stochastic are bullish. MACD is also bullish but stays in the bearish area. DM+ and DM- are neutral. Overall, the daily time frame is slightly bullish. Illustration 1.02 The image above shows the daily chart of Microsoft stock. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ:AAPLShort
by Tradersweekly
19
Meta - Meta Platform joins the party! Yesterday, the price of Meta platform stock crashed nearly 20% after the close when the company reported its earnings for the third quarter of 2022. With its abysmal report, Meta joined the party of underperforming companies in the current earning season. Revenue was down 4% from a year earlier, while costs and expenses rose 19%. Revenue = 27.71 billion USD (-4% YoY) Costs and expenses = 22.05 billion USD (+19% YoY) Revenue from the family of apps, including Facebook, Instagram, Messenger, Whatsapp, etc., decreased approximately 3.6%, while revenue from the reality labs fell by about 49%. That is no surprise to us since we warned about the earning season for the third quarter being weak. Indeed, we stated that downgrades in outlooks and misses in estimates would reinforce our thesis about the market progressing into the second phase of the bear market. With that being said, we believe Meta platforms Inc. still has a long way to go before reversing its primary trend to the upside. Illustration 1.01 Illustration 1.01 shows the daily chart of the Meta Platforms stock. The red arrow shows the price drop after the company published its earnings for the 3rd quarter of 2022. Technical analysis - daily time frame RSI, MACD, Stochastic, DM+, and DM- are bearish. Overall, the daily time frame is bearish. Illustration 1.02 The image above shows the resemblance between the current and previous earning seasons. Technical analysis - weekly time frame RSI, MACD, Stochastic, DM+, and DM- are all bearish. Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ:METAShort
by Tradersweekly
38