TRUMP SAVES APPLE DRIVEN TECH RALLY FROM FAILING, OPPORTUNITIES AHEAD BUT DO NOT BE A HERO
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Trump Saves Rally
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- The chart shows the Apple (AAPL) driven tech rally. The rally was triggered by President Trump removing reciprocal tariffs on smartphones, laptops, servers, and certain semiconductors over the weekend. For details, please see yesterday’s Morning Capsule.
- Members of The Arora Report were already ahead of the curve as they knew there was disappointment that the rally was not bigger.
- The chart shows that due to the disappointment of the rally not being bigger, the rally was contained by the micro resistance zone.
April 15, 2025