Yesterday I suggested to my beloved Gold and Platinum members to go bearish on Apple and Amazon. So far, so good! And, at the moment, both of them are sporting superb bearish engulfing candlestick patterns.

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Yesterday I suggested to my beloved Gold and Platinum members to go bearish on Apple and Amazon. So far, so good! And, at the moment, both of them are sporting superb bearish engulfing candlestick patterns.

The last major economic data point of the week just came out: the Consumer Sentiment data. It fell well south of expectations.

Earnings season is now underway, and as usual, it begins with the banks. I suppose they are always first, since the accounting is so simple. (AKA: Government Handouts MINUS 0.01% interest paid to customers EQUALS profits).
