When is the Apple Car (EV) coming? Maybe in 2028? Jan 23 Stock Market Update

$ASML$SNOW

Market

“Code named Titan T172, the fully autonomous car from Apple is now going to be Level 2 - driver assisted and likely come in 2028” 🥸 

NASDAQ and SPY continue their strength, but Dow falls thanks to poor earnings

NASDAQ has been resilient, but we will know more this week and next as earnings roll in. The DJI in the meanwhile fell thanks to poor earnings from $JNJ and $MMM

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Communications and Technology continue to show strength

$ORCL Oracle, $VZ (Verizon) and $PG (Procter and Gamble) outperformed.

Video of the day

Today’s video is on quantum computing - and a leader in the space IONQ ($IONQ)

Deep dive of the day

Today’s writeup is on Applied Optoelectronics, a small cap $500M semiconductor company, showing strength.

Good setups for swing

ASML post earnings (tomorrow) should get to All Time Highs at $895

SNOW is expensive, but setting up well to get to $220 before earnings (37 days)