The Bullish Technical Signals Continue for Taiwan Semiconductor $TSM

After the reverse Head & Shoulders pattern, I see a Cup & Handle pattern emerging, which should lead the stock higher. Longer-term, still major China/Taiwan take-over concerns.

Bullish Technical Signals for Taiwan Semiconductor $TSM

I see a reverse Head & Shoulders pattern which should lead the stock higher. RSI & MACD are also extremely strong. Analyst upgrades are offsetting China/Taiwan take over concerns.

Total US Debt Now Stands at 3.6X GDP

Total US debt is now a staggering 3.6X that of Gross Domestic Product. This is a crazy high number that can only end badly. The consumer has been lightening its load, but Corporate debt and Government debt are out of control. Socialism ruins!

Slack In Employment May Help Keep Inflation In Check

US Labor Force Participation Rate by State strongest in the Northern-Mid-West. Total Unemployment at 7.3% in April suggests that Part-Time & Marginally Attached Employees still have room for improvement, potentially keeping Inflation at bay:

Apple 6.6 Year Daily Technical Chart

Technical Indicators Bottomed and Bounce Back On Extreme Price Decline to $142 and Partial Rebound to $172. The 50 Day vs. 200 Day Went Death-Cross in Dec-2018 (see stars) At $191/Share. Post iPhone Xs, XsMax, Xr Launches, and Q1 Earnings; Price Has Roller-Coastered, But Is Well Off The Oct-2018 Peak Price ($233/Share). Price Is Off $61 (26%). Still Waiting For The Elusive Super Cycle (maybe 5G). iPhone Revenues Were -15% Y/Y In The Holiday FY Q1, While Services Growth Was +27% (wo/adjustments) and Profits Were Flat At $20B. Amazingly, After All The Hubbub, iPhones Actually Grew Marketshare 0.4% in China's CY 2018 Smartphones Market, According to Strategy Analytics. I Think Tim Cook Is Right; Xs/Max Launch In CY Q3 2018 vs. X Launch In CY Q4 2017, Was A Hugh Factor In The Big CY Q4 iPhone Hole, -2.9M iPhones. I See Strong Fundamentals, With A Boat-Load of Cash Going Towards Buy-Backs. Weak-Spots: The Smartphone S-Cycle Has Peaked and Chinese Low-Cost OEMs are Here. One-Year Consensus Analysts Estimate Has Collapsed To $178.49, From $231.32 On Nov-30-18, But Downgrades May Be Over: