Good Day. We've seen recently in the markets, an over-exuberant reaction to the possibility of the Fed inexplicably changing course, in the face of generationally-high levels of inflation, that threatens to become endemic, and create longer-term problems for the US (and other global) economy.
Mr Market may have realised they could have got their bets 'slightly wrong'.
And these past few weeks, we've been tracking Apple - taking profits, and exiting completely in anticipation of THIS move.
Forget cognitive bias and your emotions - sometimes you can be bearish on the broader market, and yet still bullish on the stock. If that's the case, depending on the weakness of the broader market, it may be time to sell, take profits and wait for the next opportunity to scale in.
Let me know what you see in the charts above.
Order Flow, Liquidity, Market Structure = all the confluences we use and need to know, when trading.
Check our profile if you're interested - we look to post regularly here, and we're also posting frequently on our other platforms. Cheers.
Best,
Figuring Out Finance
Mr Market may have realised they could have got their bets 'slightly wrong'.
And these past few weeks, we've been tracking Apple - taking profits, and exiting completely in anticipation of THIS move.
Forget cognitive bias and your emotions - sometimes you can be bearish on the broader market, and yet still bullish on the stock. If that's the case, depending on the weakness of the broader market, it may be time to sell, take profits and wait for the next opportunity to scale in.
Let me know what you see in the charts above.
Order Flow, Liquidity, Market Structure = all the confluences we use and need to know, when trading.
Check our profile if you're interested - we look to post regularly here, and we're also posting frequently on our other platforms. Cheers.
Best,
Figuring Out Finance