Insider time: We buy forecasts, we sell scandal

Insider time: We buy forecasts, we sell scandalRegardless of which direction the global market goes in the next two weeks, we offer one buy option and one sell stock. Buy: Oracle (NYSE: ORCL)Investors are expecting the software technology giant to update at a one-year high, as the earnings report still came in better than expected, according to options market data. Revenue grew more than 9% year over year and the company said it was upbeat for the rest of the year. Oracle's cloud business is well-positioned to benefit from strong momentum in artificial intelligence and a lucrative partnership with Nvidia (NASDAQ: NVDA).The first target is the $142.50/145.00 zone; with favourable market development  $148.50/150.00. Sell: Apple (NASDAQ: AAPL)Investors will be closely watching the fall benefit of the iPhone 15, Apple Watch Series 9 and AirPods, dubbed Wonderlust. Political background for the presentation is negative: Beijing has banned central government officials from using iPhones for official purposes. At the same time, Huawei Technologies announced a new smartphone model, the Mate 60 Pro+, which is seen as a direct competitor to the Apple iPhone 15. Let us remind you: China is one of Apples most important markets  approximately 19% of its total revenue.The market still considers Apple shares, which fell 6% last week and lost about $200 billion of their market value, to be unreasonably expensive.The first target is the $165.50/162.50 zone; with the development of a negative background  $157.50/155.00.Profits to yall!#ForexChief #market #forexnews #stocks #worldnews #profit #StockMarket #Apple #Oracle #nasdaq #nyse