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The Apple chart might even be more concerning than Tesla
Tesla was always something of a bubble and had a long list of detractors when its valuation reached stratospheric levels. At the same time, Elon Musk's online persona has become a liability to the company, changing the investment thesis.
None of those things apply to Apple. Yes, there are the usual concerns about iPhone demand and production but this isn't a company that's going away.
That's what makes today's 4% drop to levels below the June low most concerning. This is mostly a... Read More
Posted: Jan 3 2023, 20:14
Author Name: forexlive
Views: 102062