Last night Apple announced a rare cut to its sales forecast due to slowing iPhone sales in China. The World’s second largest economy, China has released numbers showing that parts of its economy are slowing and that is putting pressure on markets globally. With respect to Apple specifically, today is sure to be a volatile… Continue reading Close Your Eyes And Start Buying Apple
Bitcoin The New Gold? Wall Street Strategist Says Yes. (MarketWatch) Tesla Rolls Out First Model 3, And It Goes To Elon (Bloomberg) Apple To Introduce Mirror Like Finish For iPhone 8 (BI) Nobody In Hong Kong Wants A Tesla Anymore (QZ.com) Weekly Sector Rotation Report (Optuma Blog) Benzinga Fintech Summit Coming To San Francisco (Benzinga)… Continue reading Dogg Days Of Summer
Dan Loeb Makes His Biggest Bet Yet in Nestle (Bloomberg) Punkass Pharma Bro On Trial For Securities Fraud (Reuters) Apple and JPM Chasing Venmo (WSJ) Gold Traders Start Their Monday With A Mini Flash Crash (Business Insider) Facebook In Talks With Hollywood To Produce TV Shows (MarketWatch) $100 Billion Dollar Back Pain Industry A Hoax?… Continue reading Top Stories In What May Or May Not Be Fake News
“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.” – Jesse Livermore Sadly, the storied career of the undisputed greatest trader of all time, ended… Continue reading The Harsh Reality Of Trading For A Living
Paulson Client Money Vanishes (Bloomberg) Markets Face Three Big Geopolitical Risks This Week (Bloomberg) Authorities Know London Terrorists’ Identities (NYPost) Shiller Says Market To Rise 50% (NYPost) Bitcoin Close Again To All Time High (BI) A Former Wall Street Banker Is Building India’s Largest Clean Energy Company (QZ.com) Apple Downgraded (MarketWatch) Top Rated Stocks According… Continue reading John Paulson Goes From Hot To Not
Bridgewater’s Dalio Says The Magnitude Of The Next Downturn Will Be Epic (MarketWatch) Is Trump Boosting The Economy? Goldman Finds Mixed Signals (MarketWatch) The Sad New Life Of Exiled Ruth Madoff (NYPost) Oil Surges 2.5%, Soothes Cyber Nerves (Reuters) The Secret Hit Making Power Of The Spotify Playlist (Wired) The Game Plan For The Week… Continue reading The “Stock Market Storm” Is Coming
When analyzing the chart of a stock you often will come across a gap, or an empty space where the stock made a significant move. These empty spaces occur between one trading session and the next due to a material event that affects the stock such as an earnings announcement or merger agreement. In order… Continue reading Using Continuation Gaps To Project Price Targets in Apple.