Top of mind for investors when considering Apple is the whipsaw relationship between the United States and China.
The best thing a trader can do right now is stay out of the way, protect capital and wait for better action.
This week is do-or-die for the market, as the bear and bulls continue their tug of war.
For several years, nobody listened to those of us who actually did know that there was a fairer way to treat the public.
Statistically lotteries are for losers only.
The most worrisome thing during a horrendous week was the news flow really didn't justify such poor action.
As of today, I am going to be trading gamma, not delta.
The level of trading volume has been subdued and suggests we are looking at a large triangle-like pattern.
The longer prices remain at these levels, the greater the impact upon the 50-day average. Here is what we need to see to reverse it.
We are probably tuning up for a run right back to 2800 in the S&P 500 over the rest of the week.