$bac and the ten year

If the bac / tnx yield correlation means anything, bac may be testing 12 again.

BAC should not be below 15-16, yet the pattern exists.

How I plan on playing it: as bac approaches 12, will go heavy in the money options, while also playing long dated out of money options.

Charts - $amzn

Looking to pick back up near 580.

Charts - $bac

With a break out, its quickly going to 15. Belong in the high teens.

Notes on $trxc cc - nice info

1. Explained the lack of sales from ALF-X. 

- clinical trials and the previous company had no sales force infrastructure 

2. Elaborated on the ATM

-Basically will use it when they need to

3. Financing

-will need more by early 207

4. EU public hospitals 

-purchases are made through a tender / bidding process. Requires the products to be compared prior to purchase.

5. Hosting events for private hospitals with robots in place

-seems like a continuous and consistent communication with reps 

6. Built out sales force and still hiring

Good stuff. 

Charts - $aapl

Ready to run toward 107-110ish?

A lot of resistence via the weekly:

A lot of support, and the most oversold in a long time via the monthly. (Go heavy near high 80/low 90s.)

Chart - $bac

Did not think bac would breach 14, yet here we are. In a scenario where Jamie Dimon buys $26M worth of jpm cause of this stupid, and i mean idiotic, decline in US financials.

The marriage of Technology & Liberal Arts $aapl

The marriage of technology and liberal arts. Whatever the narrative Apple management is pushing, this is who they are. But if Apple is serious about shifting the streets focus, they have to prove it. 

Apple has a tremendous services business. As Trump would say, "HUGE! Okaaay." But as huge as it is, the service is completely tied to the iOS which is tied to the hardware. By that logic, so goes the hardware, so goes the services. (Loyalty surveys of +95% be damned!)

To free itself from the street's hardware perception, it has to branch out. Let loose their powerful software cross platform. Liberate iMessage, and rethink what can be done within the App that can leverage Apple services.

Apple has done this before. A key service that got PC users into buying Macs: iTunes.

Its time to use iMessage, iCloud, (leveraging the ability to have an app store within iMessage, exposing android users to other services), to be the mobile era sales rep to the iphone, Apple Watch, ipad and/or whenevery they get serious about the IoT.