It's not just about supply as demand is the more important driver in today's market.
Let's see what the charts look like.
Some of the worst buys you can make are when a stock appears to be dropping for no reason.
There's only one major equity index in a bullish trend right now.
I find it almost alarming that amid the AI craze of the past quarter, this firm's acceleration has clearly slowed.
Apple investors will have to decide, among other things, if this reflects larger problems in terms of valuation and/or potentially declining consumer activity.
Let's check the charts and indicators in case a pullback or correction is ready to begin.
The market started the summer as a 'voting machine' with FOMO and animal spirits vividly on display -- it has ended the summer as more of a 'weighing machine.' The secret to making money in extreme times of high valuations lies in contrarianism, not conformity.
Honor sell signals as charts and breadth weaken.
Let's check the charts and indicators to see.