>>>We’ll start today’s edition of Market Masters with a single-stock focus and trend analysis, then we’ll dive into credit spreads on volatile stocks, and finish up with some Tesla technical analysis — and it’s going down at 11:30 AM ET!<<<
We covered Tesla yesterday, and sometimes the most important signals in the market aren’t the ones shouting at you — they’re the ones whispering.
And that’s exactly what I’m seeing with Apple (AAPL) right now, and it’s got my full attention.
Apple is still doing pretty much nothing, and has done nothing since mid-July. This is like the least amount of movement I’ve seen on Apple in a long time.
For a stock that typically gives us reliable trading swings and consistent action, this current behavior is honestly kind of dull. But here’s the thing — when Apple gets this quiet, it usually means something big is brewing under the surface.
The September Parallel That Has Me Watching
This compressed volatility reminds me of what we saw back in September, right before Apple made a significant move. The similarities are striking, and they’re making me think we might be sitting on the edge of another major directional shift. When volatility compresses like this, especially in a name as active as Apple, it’s often the calm before the storm.
The pattern we’re seeing isn’t unusual in the broader market context. Look at what happened with Microsoft — we didn’t break higher initially. Instead, we saw a big flush, came all the way back up, then experienced another big flush. But after that double-bottom action was done, we got a massive rip higher.
What This Could Mean for Apple’s Next Move
Based on what I’m observing, Apple might need another flush before we can see a big rip. This kind of compressed, sideways action often precedes exactly that type of pattern — a sharp move down to shake out weak hands, followed by a powerful rally that catches everyone off guard.
The key here is patience and preparation. This dull price action might feel boring, but it’s often these quiet periods that set up the most explosive moves. If we do get that flush I’m anticipating, it could present an excellent opportunity for those ready to act when the setup completes.
I’ll be monitoring Apple closely for any signs that this compressed volatility is ready to break. Sometimes the best trades come from the setups that put you to sleep — right before they wake up the entire market.
Jeffry Turnmire
Jeffry Turnmire Trading
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I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.
I’ve been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it’s the Eagle Scout in me.
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P.S. My Top Market Predictions ahead of FOMC
Before Fed Chair Jerome Powell takes the stage for what seems to be a definite rate cut…
I want to prep you for what to expect from the market for the rest of this year…
