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

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.

What was the percentage increase in the NASDAQ 100 futures during the recent rally?

• 2.0%

• 3.0%

• 2.4%

• 1.7%

What does a 30 reading on the RSI typically indicate?

• Overbought level

• Neutral level

• Oversold level

• Stable level

Which stock was used as a case study to explain the concept of oversold conditions?

• Amazon

• Alphabet

• Facebook

• Apple

What is the target level for the NASDAQ 100 futures in the discussed trading strategy?

• 7100

• 7000

• 7300

• 7200

What is the proposed risk level or stop for the NASDAQ 100 futures trade?

• 6600

• 6650

• 6700

• 6750