SMC Update 3-8-21
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Comments (8)
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Two and a half weeks ago when Apple was trading around $130, Peter projected a downside AAPL target of $117. I sold my AAPL shares. Today AAPL declined to $117. Peter has a rare talent built on 50+ years in the stock market. Thank you, Peter.
One could see this drop in NDX correspond with the SP500 going to around 3600. I believe that level would still not invalidate the SP500 target of 4000+.
The voice is getting deeper, looking better, so you are on the mend. Good to see/hear. Prayers continue. My 401 K which only allows me two transactions per month and settles at the end of day, , also limits me to a bond fund,, sp 500, small caps, and international. I am going to take it that the Nasdaq is leading the sp 500 down and to wait for a long/mid term low. I am looking for a low(ish) time to average back in. Thank You!
Thanks for the great update. Glad to see you on the path to full recovery!
Thank you Sir for sharing your marvelous projections! I sincerely hope you you progress forward from your illness. Best wishes to you!
Should we suspect TLT lower projection if Ndx is low?
Did TSLA invalidate the projection? Find it hard to believe it will go down after 20% day rally
Thanks Peter. Wish you Speedy recovery. While we are comparing intra day and closing price projection. Which one takes precedence. Closing price or intra day projection.
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