Of course CNBC is screaming APPLE BEAT!  But wow, overall Iphone sales down 10.5%!  (what they say outloud is that sales are up in China).

I hope it stays elevated until the open tomorrow. I'm going to buy some puts (if it holds). 

That just means they have no good uses for cash to increase future growth. Not exactly a great sign.

That is one way to engineer EPS growth though....buy down the denominator.  Makes more sense when interest rates on cash are near 0%. With rates around 5%, it's a questionable strategy. 

This screen provided some great trades today (my favorite factor is PEG).

Check out META in AH hours though - someone just pulled the plug? 

Apple beat by less than 1%...if I'm reading it right. Lol. It's pretty amazing they can get that close. Seems like a rounding error.

Confirmed. The beats on bottom and top line were by about the thinnest margins possible. It's like US unemployment numbers reported this morning....when they come in right on target time after time after time you kinda start scratching your head. 

I like how you put BB's on your RSI.  Kinda does the trendline thing automatically and you could set alerts on a cross of the midpoint (alerts on indicators on indicators...I'm gonna try it).

I heard in the background today that Trump said something about "naked short sellers" and maybe that was causing the dash for trash in GME and AMC?  Not confirmed...just something they mentioned on the YT show I have on in the background. 

I sold calls on it in one account because of massive unrealized gains.  I shorted it in other accounts because of 31 PE and mediocre growth to support a multiple like that (and also because the STS got hit yesterday and this seemed like maybe just a death wiggle today).

It's priced like a mega cap tech stock! 

WMT - what are you thinking on this one?  Perfect short opportunity on 1st pullback after break?  Or an STS trap play / false breakdown that triggered on the close yesterday? 

INDA uptrend today is basically a straight line.  

My AI pattern finder tool thingy just picked out an ascending wedge with 5 touches on the 2m so I wouldn't touch it right here, but maybe it's going to give a buy opportunity down around $52.85.   Breakout area on longer term charts is 52.61, so I'm probably just being too picky.  Also a demark 9 on the 78 and those tend to work out pretty well in the short term. 

Here goes AMC. The dash for trash is heating up!

The Treasury essentially promised to print a crap ton of dollars yesterday for buybacks to dilute the dollar and strengthen Asian currencies...so I'm not surprised to see asset prices in USD get squirrely to the upside.  It could build and get crazy again - I almost always underestimate the power of money printing to inflate asset prices. 

PDD - I put this on my watchlist last night and gave it a color code meaning that I should add it ASAP.  Then I missed it. Damn!  Guess I don't have the luck of the Irish today (I think it's based in Ireland). 

GME - the degens are back! Nap time is over and looks like we're back to pumping trash. Buckle up! 

Yep, very slow moving but significant trends. Only the Gen X and above on here will likely remember how much Americans were envious of Japan in the early 90's. They were CRUSHING it all over the world and their kids seemed to be IDEAL - all of them were getting into ivy leagues and other American colleges. I remember many of us were wondering how it would be possible to compete with them...they were like robots. They played concert piano, violin, spoke multiple languages, got straight A's, took calc in elementary school, etc, etc.  So what was the outcome of that American envy? It spawned that generation to become the 1st generation of helicopter parents in America. A very Japanese style of parenting that everyone envied in the 80's and 90's.....but the American style was slightly different. They adopted the helicopter style but mostly left out the discipline. As a result, we got Millennials and Gen Z.   As it turns out, neither style of helicopter parenting turned out exceptionally. Trends matter. 

TLT -  starting to work.  Everything else from yesterday going according to plan.  Treasury told us they were going to embark on a massive buyback plan and the Fed said they are massively cutting asset sales.  DXY weakened. FXY strengthened. Bonds caught a bid. Sometimes it really is that obvious.  Will it last?  I'm sure Janet and JPOW have fingers crossed because everything that happened yesterday was specifically designed to rescue JPY (and other Asian currencies). 

I'm treating CCP stocks like heroine - it might be fun, but it's not worth it in the long run. I learned my lesson. Abundance mindset - there are plenty of opportunities every day without chasing communist country stocks. 

I've admittedly been an inflation hawk despite following a bunch of nerdy economic types that have been pounding the table for many months now about the fact that we don't have demand driven inflation.  Things are now starting to unfold the way the econ nerds predicted so I'm glad I didn't completely waste all those hours watching YouTube because it kept me balanced (I didn't go wild into energy names thinking oil was going to keep flying, etc, etc). I still blame it all on the Government. They caused the supply shocks  (unnecessarily, IMO....and I think many studies now back that up...because we need to study the obvious these days). And, if they didn't print so much money, the supply shocks would have mostly resulted in substitution instead of price inflation.

Anyway, the econ nerds don't see good things ahead.  Most of them say we're already in a recession and have been. Gov transfers are simply masking it.