-
Sell off on a strong AAPL earnings release
This sell-off looks strange on paper, but in fact AAPL was the last big unknown regarding the markets.
From now on we can start worrying about the next QE unwind... which in most probability will be gradually postponed, especially if Trump continues to play hard on the international front. It is indeed easy for China to dump US Treasuries, boosting rates higher and creating havoc in US equities. China's pride disguised in national security issues will force them to do just that... so that a lesson can be taught to Trump who took possession of a strong equities market. This is by far the strongest black swan that nobody expects.
The 20DMF is now hesitating at the short signal level.
Pascal
![Name: NQ100.gif
Views: 155
Size: 30.6 KB](http://www.effectivevolume.com/attachment.php?attachmentid=41469&d=1501688587)
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Forum Rules