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Apple and Market are Doing the Volatility Shuffle

Started by Zach Bass · 10 months ago

The past few sessions in the markets have been a roller coaster ride. After each of the major indices bounced off the 200 Day SMA last Tuesday there was rampant selling, which caused all the markets to be severely oversold in all chart timeframes (60 minute, daily and weekly). We caught a sl ... Continue reading »

4 comments

  • jtarar

    1 year ago

    Zach,

    Thanks for all your excellent advice. I've been paying close attention to your suggestions and trust me, it has paid out bigtime, I owe you so much and I can't thank you enough. For AAPL, no indicators seem to be telling the truth. What are your thoughts for long term 1 yr +. Where do you see this thing going?
    reply
  • Zach Bass

    1 year ago

    I'm bullish on Apple based on fundamentals. How can one not be? I just think the next few months are going to bring sideways actions that will make a lot of people nervous.
    reply
  • investor1990

    1 year ago

    Nice rally here. What do you think? AAPL to break past 190 this week? T is experiencing a nice run through 40. Do you think this continues after the new iPhone announcement?
    reply
  • Zach Bass

    1 year ago

    There are negative divergences building as we continue this selling. The MACD hasn't budge to the upside with this advance in price. The tells me the air is being sucked out. I would be careful with longs in the near term.
    reply

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