Apple Inc. (AAPL)

Allow me to explain for those who are still perplexed. Inflation and fear of Fed rate hikes caused an orderly sell off for 6 months. Now recession talks have killed oil, and with it, inflation eventually, big time. Oil is crashing today, leading to the indices to go down, except the Nasdaq because cheap oil is good for tech. Oil going sky high was just a scam anyways, unless Putin stops all oil to Europe. But, China and India buying from Russia means there's more oil from OPEC and other sources not being bought. It's a zero sum game. Oil tanking, inflation going down as a result + a bullish Falling Wedge pattern on the 3 month chart = massive rally coming. Consider yourselves warned.

$spy
$^gspc
$amzn
$uvxy
$aapl

Historically, the stock market usually sells off in a bear market about a year (give or take a few months) BEFORE a recession actually hits. WHEN a recession actually hits, the stock market selling accelerates with massive seller capitulation, worse than now. It's then that you be a hero and can buy for much, much cheaper. Since the bear market started 6 months ago, we have anywhere from 6-12 months more selling in a bear market (lower highs, lower lows), until the recession actually hits in early or mid 2023. The selling isn't done yet because the recession hasn't even come yet, meaning don't be a hero now and try to catch a falling knife, or you will get hurt, badly. All rallies are to be sold or shorted. You just wait, the recession WILL come.

Putin and Xi aren't done destroying the supply side with his war against Ukraine to wipe it off the map and steal their land, and Xi's zero COVID lockdowns. It can be argued China's getting cheap oil from Russia so they can continue these lockdowns to hurt the West/US in a silent economic war. The Feds only option is to destroy the demand side of the SUPPLY = DEMAND equation to bring the two in balance. The Feds HAVE to induce a recession to fix inflation.

An even scarier scenario is Putin stops all oil and gas exports to Europe. Global oil prices will sky rocket above $200. Russia will continue to sell oil to India and China at discounted rates, which is fetching higher oil revenues now than before the invasion of Ukraine! Global recession follows in months.

The 1970s and 80s oil shocks and inflation led to an entire decade of the stock market being stagnant, whereas in Japan, their stock market has not recovered for over 40 years! FORTY YEARS!!! Even in the good US of A, after the 1999 pump and dump, the market didn't recover for around 15 years. It recovered in 2008 only to fall even deeper before recovering a few years later, after the Feds went to basically zero rates.

In other words, as long as the Feds keep raising rates in a high inflation environment, the euphoric rallies of the past will be used for selling the rips and new bag holders tricked by big banks like JPMorgan so they can dump on you.

By the time this is all said and done, I wouldn't be surprised to see $spy in the low 300s or high 200s (.i.e. the S&P $^gspc in the 2800-3200 range), and the Nasdaq in the 5-8K range. $amzn, $aapl, etc. will not be immune.

$AAPL $145 COMIN NOW

SHORT SQUEEZE IS ON!

141.35 NHOD 142.68 NEXT

HIGHER HIGHS/HIGHER LOWS READ CHART SHORTS U KNOW WHERE IT GOES

EVER SEEN AN $APPL SHORT SQUEEZE?

LOL HERE IT COMES

#EducationIsKey

Where are the buyers? They are nowhere to be found, so going lower...

.

$^dji $^gspc $aapl $msft $amzn $goog $meta $snap $tsla $rivn $amd $nvda $twtr

Da Vinci8 days ago
$AAPL conversation
Will Wall Street “Paint the Tape?” For end of the quarter.

They did last two weeks in March!