The Apple News Could Just Be The Start Of Bad News For Earnings Season
Danielle Shay (on twitter @traderdanielle), Options and Trading Specialist at Simpler Trading joins me today to share her thoughts on why the news out of Apple this morning regarding lower expected sales in China could just be the start of the rough earnings season. After months of talking about how much China is struggling we could finally be starting to see it trickle into US companies. Starting with the high flaying FA(A)NG stocks that lead the markets higher they are now leading markets into bear territory. Overall it’s all about sentiment and right now the sentiment is short the bounce.