SaxoTV

Berger: Sharp reversal in US equities takes bite out of Apple

653 views
August 13, 2015 eq, eq3, eqeq, eqeqeq, equitieis, equities, equities 2014, equities 2015, equities europe, equities in china, equities oracle, equities over valued, equities prices, equities saxo, equities saxo bank, equities strength, equities trade, equities trading, equities v bonds, equitiy, equity, equity analyst, equity bubble, equity clients, equity correction, equity decline, equity falls, equity index, equity index trading, equity market, equity market 2014, equity market 2015, equity markets, equity platform, equity portfolio, equity portfolios, equity research, equity rise, equity risk premium, equity risk premiums, equity sell off, equity strategy, equity trades, equity trading, equity us, equity valuation, equityes, equtiies, equtiy, s&p 500, saxo tv, stickas, stocks, tradingfloor.com, us, us dollar, us economy, us jobs, usa, usd, usdeur, usdjpy
Serge Berger gives us his analysis of the sharp reversal in US equities this week, partly triggered by the Chinese Yuan devaluation. Many traders were watching the 200 day moving average and markets turned extremely bearish once the numbers starting to fall below that level.

However, Serge explains why he thinks there's a great chance of a rally at the end of the month having tracked a seasonal trend for stocks to rise mid to late August.

Finally Serge looks at what this week's reversal meant for Apple, investors got very nervous and started a charge for the exits but while there are still jitters around the tech giant, Serge remains long-term bullish.