Stock Market Outlook: Top 3 Themes to Watch in AAPL Earnings

While the three themes carry different possibilities for Apple‘s share price and potential to impact the broader market, each of them has the ability to spark volatility. That said, a highly anticipated rate cut from the Federal Reserve on Wednesday has helped to depress Apple’s implied volatility ahead of earnings.

虽然这三个主题对苹果的股价和潜在影响大盘的潜力有不同的可能性，但每个主题都有能力引发波动。也就是说，周三美联储高度预期的降息有助于抑制苹果公司收益前的隐含波动。

Apple (AAPL) Stock Price Chart: Daily Time Frame (October 2018 – July 2019)

Apple（AAPL）股价图表：每日时间表（2018年10月 - 2019年7月）

To that end, the implied price-range after earnings is just $17. Despite the relatively acute range, it encompasses one notable point of resistance around $215. The level marks the stocks swing high on May 1 and could arguably pose as the right brim of a prolonged cup and handle pattern.

为此，收益后的隐含价格区间仅为$ 17尽管范围相对较大，但它还包括一个值得注意的阻力位在215美元附近。该水平标志着股票在5月1日高位徘徊，并且可以说是长期杯形和处理模式的正确边缘。

While the signal‘s formation is far from perfect, a cup and handle pattern is typically followed by a bullish breakout when the cup’s brim is surpassed. An encouraging quarterly performance could see fundamentals align with technicals and drive AAPL shares through resistance at $215. Such a development would assist the stock in reclaiming all-time highs around $233.

虽然信号的形成远非完美，当杯子的边缘超过时，杯子和手柄图案通常会出现看涨突破。一个令人鼓舞的季度业绩可能会看到基本面与技术面一致并通过阻力位215美元推动AAPL股票。这样的发展将有助于股票收回233美元的历史高点。