AAPL earnings too strong to take the market lower today.
FOR ONE STOCK TO HAVE SUCH AN IMPACT ON THE MARKET IS SCARY!!! This should not be happening. It should be addressed. This is disaster waiting to happen.
Now investors/traders not only have to worry about what the market (SPX and indices) are doing but also what AAPL is doing. Talk about monopoly.
I don't like trading stocks because too many things (e.g earnings) can go wrong regardless of how excellent the technicals indicators line up). That is why I trade ETFs (SPX preferably). But for AAPL to still have such an impact even with all filters in place defeats the suppose.
AAPL crash = market crash.
AAPL to infinity = market to infinity.
Not good. Should not happen.
FTSE-DAILY
SPX-DAILY III
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-5MIN
