Why MKM's J.C. O'Hara Thinks Apple Shares Are Oversold

Why MKM's J.C. O'Hara Thinks Apple Shares Are Oversold

Assessment

Interactive Video

Business

University

Hard

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The video discusses the recent rally in the stock market, focusing on the S&P 500 and NASDAQ 100 futures. It questions whether investors should buy the dip, considering the selling pressure in the third quarter. The analysis includes a detailed look at Apple's stock, highlighting its oversold condition and potential for a bounce. The video also presents a trading strategy for NASDAQ 100 futures, emphasizing the importance of risk management and the potential for a near-term bounce.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors should be considered when deciding whether to buy the dip in stocks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the NASDAQ 100 futures perform on the day mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does it mean for a stock to be considered 'oversold'?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the 20-day moving average in the context of the stock analysis?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What trading strategy is suggested for Apple based on its current market conditions?

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