Tuesday, April 26, 2016

APPLE Crashes and PONZO Updates....04.26.16

Once again it appears the Barron's gurus may have demonstrated stunningly bad timing in their analyses as Apple's earnings and sales were WAY DOWN leading to a current 8.5% selloff in after hours.and thereby following the historical selloff range of $8 mentioned over the weekend.  
Whether this is now a great time to pick up some cheap Apple shares remains to be seen.
Guess which way the markets will open Wednesday.?
Meanwhile the Ponzo charts are pretty much following suit from last week although TLT is showing momentum cracks and a riskier downside consensus longer term.....which will largely be dependent on the FED's rate program of course.