“I like to listen. I have learned a great deal from listening carefully. Most people never listen.” – Ernest Hemingway
As we discussed in yesterday’s post, we have a very busy week ahead.
It’s going to be all up to AAPL and then then FED to save the week but as we have been discussing, after Boeing, you now really have to pay attention to the price action in names like Tesla, 3M, Intel, Google, Caterpillar and Apple next… we can’t stress enough how complacent the market is here at highs with all these unicorns rushing to IPO.
Remember to keep an eye on Crude, as it will likely have to join in to see some follow-through either way across the board and on the DXY, where we will still maintain our non-consensus view.
Shorter-term, all about AAPL, then the FED and NFP. As we said on Sunday, real action is most likely stacked-up towards the back-end of the week.
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Wishing you a great day ahead.