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MarcinO
Rep: 67
Posts: 5,506
I'm starting a new weekly topic.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, the AAPL earnings are out. AAPL jumps up huge, as does the ES.
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jimkane
Rep: 3,058
Posts: 33,089
586 so far...
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jimkane
Rep: 3,058
Posts: 33,089
587...


Originally posted by jimkane

So, if AAPL gets a big pop, I'm looking around 590-595, give or take. If the pop is small, then perhaps the 575-580 area. We'll see.
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jimkane
Rep: 3,058
Posts: 33,089
590... Given AAPL was in the 50's, how did I 'know' where it would likely head to?


Originally posted by jimkane

So, if AAPL gets a big pop, I'm looking around 590-595, give or take. If the pop is small, then perhaps the 575-580 area. We'll see.
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jimkane
Rep: 3,058
Posts: 33,089
595... If it blows this area out, watch out. Now up about 40 from near the close.
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jimkane
Rep: 3,058
Posts: 33,089
It doesn't look like it is even close to slowing yet. This is a super key area for a first thrust up. New all-time highs soon???

598+ and rising strongly... Seriously, though, shouldn't this be done in here now?
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jimkane
Rep: 3,058
Posts: 33,089
604+... So much for the key area I was looking at. The main line is in here, so this would be as far as it should go, but I think they are back to the game again, so all the hedge funds that have been selling are now scrambling to get back in. That could mean new highs in a day or two, who knows...
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jimkane
Rep: 3,058
Posts: 33,089
I just can't grasp running a stock up 50 in minutes...
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rat89
Rep: 0
Posts: 7,015
none of the gold bugs I know pictured this:


Click image for original size
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rat89
Rep: 0
Posts: 7,015
if they can't drive it to a new high, the retest area set up with the 1.27 just 13¢ away from the big .886


Click image for original size

Click image for original size
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jimkane
Rep: 3,058
Posts: 33,089
What a crazy finish. This market is just nuts. See everyone on Sunday.