Apple breaks out of a three-month base
Apple closed above the top of the range it has been building since June, on the best volume in six weeks. The setup is clean; the question is whether the index cooperates.
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Newsletters
Tagged “Technicals”, newest first.
Semis pull back: normal or the start of something?
The semiconductor group fell about three percent, its worst day in a month, after leading the market for two weeks. The pullback looked orderly, but I'm keeping an eye on it.
Read newsletter →Options expiration Friday: pinned all day
A quarterly options expiration with the index pinned to a round number from the open to the close. Not a day to read much into, and I didn't.
Read newsletter →Tesla delivery chatter and a chart that hasn't decided yet
Delivery estimates for the quarter are all over the map, and the chart reflects it: a wide, choppy range with no edge in either direction. A note on why I'm staying out.
Sources:Roundup of delivery estimates
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