Markets Don't Need Apple Anymore

Back on October 7th I posted the following article, Can The Markets Rally Without Apple and proposed the concept that it was possible for the markets to rally without the support and leadership of Apple. It took the month of October to decouple, but it looks as if now the market doesn't really need Apple.

I personally think that if the markets firm up here and head higher Apple will under-perform and consolidate in a sideways fashion and then will visit the low 400′s later on in the spring.

 

Posted In: MarketsTrading Ideas