Techs down. Apple dropped even though its Financials were phenomenal

APPLE is down as well as Facebook. SPY was down yesterday and stopped out my FB position. And today I closed APPL for a loss as well. Going back to the books and rules.

Apple announced financial results for its fiscal 2021 first quarter ended December 26, 2020. The Company posted all-time record revenue of $111.4 billion, up 21 percent year over year, and quarterly earnings per diluted share of $1.68, up 35 percent. This is phenomenal!!

New set of RULES to apply immediately:

1.  

1. Continue to maintain the Global perspective:

            - US ISM as a general leading indicator, 6 to 12 months leading, determines S&P500

            - US ISM Sectors Performance as a leading indicator, 6 to 12 months leading

            - US UMCSI as a leading indicator, 6 to 12 months leading, determines S&P500

            - S&P500 as a leading indicator, determines GDP

            - US New Building Permits as a leading indicator

            - European ISM as a leading indicator

            - China ISM as a leading indicator

            - GDP is lagging leading indicators by 6-12 months

            - Non Farm Payroll as a confirming indicator of world view, is lagging 6-12 months

            - Durable Goods as a confirming indicator of world view, is lagging 6 months

            - Industrial Production as a confirming indicator of world view, is lagging 6 months

2. NO CALLS or PUTS until account is up by 15% from January Losses.

3. Only trade Stocks or Commodities until account is up 15% from January losses.

4. Do only SPREAD TRADE Hedging, One stock long and another stock short.

5. Each position does have a maximum 10% capital limit.

6. Stop Losses are calculated per ATR and set at 10%.

7. Soft target to be realistic and at a 3:1 ratio with the SL.

8. Find the right Super Sectors to trade

9. Select the Industries

10. Select the Stock

11. Sit back and let run