Apple (NASDAQ: AAPL) reported earnings last night and it didn’t go well.
Stocks opened today deep in the hole, with the Nasdaq (INDEXNASDAQ: .IXIC) leading the decline.
In today’s stock market video we discuss the impact of AAPL earnings and the current state of the market. Here are some highlights:
– AAPL’s Negative Pre-announcement Weighs on the Market
– Small Caps Nearing Overbought Levels
– Market Breadth Metrics Confirm Bearish Price Trends
Stock Market Today Video – January 3, 2019
Twitter: @DanRusso_CMT
Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.