AAPL keeps hitting high..almost $210 pre-market. It would be nice to see it breaks $216 to bring the market up...
SPY...at the beginning of november, SPY went below ma-50 but then formed a reversal doji and went up from there. Volumes on down days prior to that doji was very high. Sometimes ma-50 can be broken a little bit abd then goes above. The drop below ma-50 sharply can shake out the longs and stop loss. Most seller are out on the shake out and new buyers can move in. Is this the same this time?/ will see.
AMZN...last quarter AMZN jumped over $30 after earning. The business momentumn is there but the stock dropped from $147. Good earning can bring it back to high.. $130 opton makes sense??