APPLE EARNINGS AND JOBS REPORT AHEAD, MARKET MECHANICS TAKING OVER
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Market Mechanics
Please click here for a chart of Apple stock (AAPL).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. A chart of AAPL stock is being used to illustrate the point.
- AAPL is the largest stock and carries heavy weight in the indexes. For this reason, AAPL stock is very important to the stock market. Apple reports earnings after the market close.
- The chart shows that AAPL stock made a lower low below the support/resistance zone.
November 2, 2023