Fed said the economy is weaker than they thought but they might taper in October if the economy is strong enough
More uncertainty as investors worry about the economy & tapering
Apple raised Q4 revenue expectations after selling 9 million iPhones over the weekend
Look to buy Apple around 490 if it stays above, for end of day expiration
It dropped below 490 yesterday so it wasn't safe to buy yet
However, it tried to build support @ 490 after 3pm EDT
It's still weak but it can become a strong support today
China will lift ban on Facebook
Look to buy FB around 47.0 or 48.0 (higher risk) if it stays above, for end of day expiration
Netflix's “House of Cards” wins an Emmy award
Look to buy Netflix around 300 if it stays above, for end of day expiration
Netflix looks weak but managed to stay above 300 yesterday
Yesterday's drop from 320 to 300 could also provide more reasons to buy its stock at a lower price before it goes up again
No comments:
Post a Comment