VIX, AVGO, QQQ, SPY& AAPL Enjoy Good Time Right?

TrendSpider
04-14

Hello everyone! Today i want to share some technical analysis with you!

1.

$Apple(AAPL)$ “If all you ever did was buy high-quality stocks on the 200-week moving average, you would beat the S&P 500 by a large margin over time.”

– Charlie Munger

AAPL first 200-week test since 2018. 🍎

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2.

$SPDR S&P 500 ETF Trust(SPY)$ Boy, that escalated quickly...

SPY 479 area looks more important now than ever.

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3.

$Invesco QQQ(QQQ)$ This log channel support on QQQ has provided some incredible entries since its origin in the 2008 Global Financial Crisis...

Last week, we almost tapped it again.

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4.

Is $Broadcom(AVGO)$ good value here?

Shares now trade at just 37x TTM earnings—the same multiple seen in 2022, when the stock traded at $15/share. 💸

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5.

The $Cboe Volatility Index(VIX)$ has only breached 60 a handful of times—and each marked peak panic and major reversals.

Was last week the volatility climax, or is there still more fear to price in?

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