SMC Update 3-8-21

03/08/2021


Comments (8)
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RichB
RichB

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.

dciwinski973
dciwinski973

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+.

Jeff
Jeff

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!

beaexp28656
beaexp28656

Thanks for the great update. Glad to see you on the path to full recovery!

mikepowell.vietnam107
mikepowell.vietnam107

Thank you Sir for sharing your marvelous projections! I sincerely hope you you progress forward from your illness. Best wishes to you!

ronitzinn71183
ronitzinn71183

Should we suspect TLT lower projection if Ndx is low?

ronitzinn71183
ronitzinn71183

Did TSLA invalidate the projection? Find it hard to believe it will go down after 20% day rally

ar5412829
ar5412829

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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