AAPL Apple Monthly Chart; Negative Divergence; Overbot; Rising Wedge

Oppenheimer technician Ari Wald is a screaming bull on AAPL. Wald says Apple stock is breaking out higher and more all-time record highs are on the way. Warren Buffett continues buying Apple stock now a major holder and cheerleader. Many market participants blindly follow Buffet explaining recent strength. However, looking at the AAPL monthly chart, the RSI, MACD, stochastics and money flow are all negatively diverging as price prints a new record high in May. The overbot conditions and rising wedge are also bearish. This indicates that actually a multi-year top is in play for mighty Apple.

If you enjoyed a long upside run in Apple, you would be smarter to get out of Dodge. Price may tag the upper standard deviation band in this 188-196 area but as long as that MACD line does not exceed the January-February high, Apple is toast. You are witnessing the price peak in Apple and these highs may not be seen for many months and years to come. If the MACD line sneaks out a new high, the multi-year top for Apple will be delayed a couple months. Look elsewhere for opportunities. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

Note Added 6/4/18: AAPL gaps higher above the upper standard deviation band to 193.42 a new all-time record high. Investors and traders are giddy over the new record highs in tech stocks and the Nasdaq indexes. CNBC commentator Jim Cramer cheerleads apple guaranteeing more upside from here. Cramer ridicules all naysayers of Apple stock. Cramer is all-in telling folks to buy with both hands. Cramer proclaims, "Apple is the greatest story ever told." The MACD line on the AAPL monthly chart is sneaking out a higher high which likely extends the long-term top to sometime between now and say, August. Take the money on this upside euphoria if you are long, or, you can listen to Wald, Buffett and Cramer instead and place your life savings into Apple stock. What do you want to do?

Keybot the Quant Turns Bearish

Keystone's proprietary trading algorithm, Keybot the Quant, flips to the short side this morning at SPX 2702. Watch volatility. Bears win big if they can send VIX above 17.10. Bulls win if the VIX remains below 17.10. More information is found at Keybot's site;

Keybot the Quant

NYA NYSE Composite Weekly Chart; Keystone's NYA 40-Week MA Cyclical Stock Market Signal

Keystone's NYA 40-Week MA cross cyclical stock market signal. Bears rule going forward below 12585. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 5/31/18: The market bulls battle back on Wednesday, 5/30/18, sending the NYA back above the 40-week MA at 12589. The central bankers must keep the NYA above the 40 with easy money to keep the stock market party going. NYA price is at 12626. Watch this chart like a hawk since it tells you where the stock market is going over the intermediate term.

Note Added 6/1/18: The drama continues. On Thursday, 5/31/18, the NYA reverses again to 12527 below the 40-week favoring a cyclical bear market going forward. All you can do is keep watching to see how it plays out.

UPS United Parcel Service; Keystone's UPS 20/50-Week MA Cyclical Stock Market Signal

Keystone's UPS 20/50-week MA cross a cyclical stock market signal. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

TNX 10-Year Treasury Note Yield Weekly and Daily Charts

The overpaid Wall Street analysts guaranteed 3% on the 10-year far into the future during April and May. Many called for 3.50%, some said 4.00% and others called even higher yields around the corner. The weekly chart told the story. Keystone called the top in the 10-year yield two weeks ago with the negative divergence and the spankdown in yields occur as forecasted. The 10-year is at 2.87% currently to the bottom standard deviation band on the daily and teasing the middle band (20-week MA) on the weekly chart at 2.861%. All of you missed out on that top call in yields. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

HZNP Horizon Pharma Daily Chart

Here is another one of the larger winning plays on the year thus far that all of you missed out on. Keystone called the bottom in Horizon Pharma in April and rode HZNP higher in May on the possie d. Profits were taken and the trade exited. The year is going very well. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

SCO Ultra Short Crude Oil Daily Chart

Here is a great trade that all of you missed out on. Nearly every analyst on Wall Street said oil is headed to 100 during May. That sentiment coincided with positive divergence on the SCO, the 2x inverse oil ETF (negative divergence on the crude oil charts). Keystone bot SCO and watched it launch. Profits were taken and the trade closed out. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

HIMX Himax Technologies Daily Chart

Here is another one of Keystone's winners this year that all of you missed out on. Keystone called the bottom in HIMX in late March/early April. Profits were taken and Keystone moved on.

Keystone has placed 37 long and short trades this year thus far with only 4 losers and currently 6 trades ongoing. All of you are missing out on the fun. Such is life. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

OPK Opko Health Daily Chart

Here is one of the best trades thus far this year that all of you missed out on. Keystone called the bottom in Opko Health in April. The long trade in OPK took patience as price bounced sideways but the positive divergence kicked in launching the stock into the stratosphere providing great profits. Keystone exited the trade. I bet you wish you were in that one. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

RF Regions Financial Daily Chart

Here is another trade all of you missed out on. Keystone called the March top in the regional banks. RF was played short and profits taken in late March. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

NVDA NVIDIA Daily Chart

Here is another trade all of you missed out on. Keystone called the recent top in NVIDIA playing the short side for NVDA in February and March and then moving on. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

GE General Electric Daily Chart

Here is one that all of you missed out on. Keystone called the bottom in General Electric that occurred at the height of analyst negativity. Profits in GE already taken. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision. 

NYA NYSE Composite Weekly Chart; 40-Week MA Cross; Cyclical Bull

Keystone's NYA 40-Week MA Cross Cyclical Bull Versus Bear Market Indicator. There are a lot of fascinating and interesting things going on in the stock, bond and currency markets these days. Epic and historic action. Keystone could easily post a couple dozen extremely important charts to watch. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

April Publication of the Daily Chronology of Global Markets and World Economics 2018-04 is Available from Amazon; Yield Curve Drama; Trade Wars Continue; Earnings Strong but Stocks Soggy; US Dollar Above 92; Euro Under 1.20; Pound Under 1.36; Oil Near 4-Year Highs; FB CEO Zuckerberg on Capitol Hill; Unemployment Rate Prints 3-Handle; Historic Korean Summit; Systems Outages Occurring at Global Stock Exchanges; US and France Strike Syria

The April Publication of the Daily Chronology of Global Markets and World Economics 2018-04 is available through Amazon. The 2018-04 publication describes and explains the stock, bond and currency market drama in detail in real-time.

The May 2018-05 publication of the Daily Chronology of Global Markets and World Economics is tentatively set for publication by Amazon on Saturday, 6/2/18.