The stock market today should be luring investors to drive up the prices and grinding sideways. Overall, it is still slightly bearish before September 17th. If Broadcom's financial report doesn't perform well, the large tech stocks will experience another big drop. The data announced at Apple's conference is not as good as what the institutions said. Historically, Apple's share price usually rises before the conference but then drops after the conference. You can take a look at the candlestick chart before previous Apple conferences. That's why I bought NVDA puts in advance last Friday and also bought Apple puts yesterday. I will hold them until September 17th and decide whether to sell or keep them based on the actual situation after the conference. So in the short term, I am bearish. These are just my personal opinions. If you don't like them, please don't criticize. I also hope that all stock investors will have smooth operations in September.
The stock market today should be luring investors to drive up the prices and grinding sideways. Overall, it is still slightly bearish before September 17th. If Broadcom's financial report doesn't perform well, the large tech stocks will experience another big drop. The data announced at Apple's conference is not as good as what the institutions said. Historically, Apple's share price usually rises before the conference but then drops after the conference. You can take a look at the candlestick chart before previous Apple conferences. That's why I bought NVDA puts in advance last Friday and also bought Apple puts yesterday. I will hold them until September 17th and decide whether to sell or keep them based on the actual situation after the conference. So in the short term, I am bearish. These are just my personal opinions. If you don't like them, please don't criticize. I also hope that all stock investors will have smooth operations in September.
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