Ultimately - the goal for Wally is to prop this crap up into next Weeks FOMC.
It's looking tenuous at best.
The ES needs to remain out of Bear Market Territory above 3850, and the NQ needs to hang on to 12K+ ahead of Eron's next Fraudulent Hall of Mirrors report Wednesday.
Unfortunately, Apple gave us a tasty taste of what lay ahead. - Uncertain Economic times, Layoffs, and reductions to CAPEX. Of course, this was couched by Timmo. It'll be "some teams" who will be affected."
Apple employs 150,000 people, it would appear a banana bunch of them will be working from home permanently - how many? Timmo would not kiss and tell, it'll be a large amount for certain.
Eron's provided guidance as to Tesla's ability to move forward as a "Going Concern" - with his unequivocal admissions of reality at the Cash Furance in Berlin and Austin. We'll see if Wally gives it the Thrust up to 770+ ahead of the paperweight plunge to 660 and perhaps far lower into Month's end.
IBM is not a Falcon Heavy lifter due to its lack of mass, it's been a Good / Bad / Ugly whipsaw Monday for the Indies, BULLs could not be enticed to Buy. They abdicated their bullwhips and buggies once again sending driverless carriages everywhere.
If you enjoy buying grossly overvalued stuff, load up. Although 50% OUTRIGHT COLLAPSE in NET MARGINS... isn't typically something that has the desired effect on Price.
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