March 6, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Stock Buying On Hopium

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.  The chart of AAPL stock is being used to illustrate the point.
• The chart shows AAPL stock has fallen to a critical level – the bottom band of the support/resistance zone.
• The chart shows where the stops of less informed investors are.
• If the stock market starts falling, Wall Street’s hunt and destroy algorithms will go into action and take out the stops of less informed investors.