AAPL candles don’t lie

Daily Pit Stop [fstp, logo, header] May 6, 2024 Pitchforks are an little-known and underutilized trading tool ... but they can be used to predict market directionality with 80% confidence. Master the art of pitchforks with Licia Leslie's masterclass on Thursday, May 9. [Click to get your ticket!]( [ag views, logo, header] AAPL candles don’t lie After the blowout on the 100 billion dollar stock buyback Apple Inc (Ticker: AAPL) is stumbling across the finish line today with 2 red candles in a row. In the Ticker Highlight Show Licia’s highlight some ranges for AAPL. The red candles were not favorable. [ded] With a big part of the market rally leaning on AAPL Friday, I have to wonder what is propelling stocks today? The big question is how far AAPL falls after the earnings pop. I like AAPL to $175 with put calendar strategy we came up with in Trading Desk. - AG  [logo, pit profits] Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [logo, fvix, header,] VIX Looking to Head Lower Hey Traders, In today’s video, we’ll cover: - Where the VIX landed after the weekend - The stocks I’m watching and how they’re reacting post earnings setting up - What to expect this week [yt]( [Click here to watch the video!]( - Mark  [fpri] 2 Critical Market Moving Events Last Week Hey Income Hunters, I mentioned 2 major events last week to keep an eye on: - Janet Yellen from the Dept of the Treasury announcing the 2nd and 3rd quarter Treasury bond issuance schedule Janet Yellen announced an increase in debt issuance with the reason being that tax receipts came in lower than expected … Translation here is Government income is not enough to cover expenses. Lower tax receipts is a real bad sign when the US economy is considered to be near full employment with 30% YoY increases in stock prices & 5.5% nominal GDP growth … Yellen's announcement suggests the US is going to need much higher deficits, stock price increases, and nominal GDP growth just to sustain the interest payments it owes on its current debt … All of which will require MUCH higher levels of liquidity injections between Yellen (Treasury) and Powell (The Fed). - Powell quickly followed up Yellen’s announcement with his surprise, more Dovish than expected announcement, which I also called for last week … [More on that in the full article here …Â]( - Bill  --------------------------------------------------------------- Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. 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