AAPL had an impressive run with the bearish market upswing, even the most beatdown stocks finally gained some traction; however, they've been unable to turn the corner. End of March (the quarter) is upon us so this could have been some nice window dressing price action by the hedge funds to help show some progress in returns. In any case, who cares "why" the markets move -- the focus is "how are the markets [acting] and [reacting] to price action."
The Risk On in the markets are discounting everything, even the fractures in the economy, which everyone in the administration keeps saying "strongest ever" but fail to talk about the continuous expanding of the M2 Money Supply, etc. I digress.
Those March 15th lows are going to be retested by the high beta QQQ / NDX stocks, so be prepared to take advantage.
The Risk On in the markets are discounting everything, even the fractures in the economy, which everyone in the administration keeps saying "strongest ever" but fail to talk about the continuous expanding of the M2 Money Supply, etc. I digress.
Those March 15th lows are going to be retested by the high beta QQQ / NDX stocks, so be prepared to take advantage.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.