A major sell side firm changed their fundamental opinion of Apple (AAPL) Thursday to "Neutral" from "Buy." It was only Sept. 23, when I last wrote about AAPL and wrote that "This stage of the 2022 bear market may be when shares of AAPL get bruised and turn into cider. A cautious stance is warranted."
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The Monday after Thanksgiving is usually a down day, and that tradition played out today.
Markets are forward looking, not backward looking.