By In this week’s edition of The DecisionPoint Trading Room, Carl opens by reviewing the “Magnificent 7+”, a.k.a. the mega-cap darlings plus Tesla (TSLA). He discusses Apple (AAPL)’s demise and later discusses possible support levels. The bias is bearish in all three timeframes, but these groups within Financials are seeing momentum and strength: Insurance. Erin, meanwhile, runs through the weakness in Technology and gives viewers some ideas on hedging.
This video was originally recorded on August 7, 2023. Click this link to watch on YouTube.
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