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Big headlines like this, usually portend to a reversal. Look at the Amazon headlines around $1 Trillion, or the Winklevoss headlines when Bitcoin was at $25000.
by partiallypro 8y ago
Big headlines like this, usually portend to a reversal. Look at the Amazon headlines around $1 Trillion, or the Winklevoss headlines when Bitcoin was at $25000. I suspect Apple will be bouncing in the coming days/weeks. That's why traders make fun of Barron's front pages, etc. If you don't believe me, you haven't traded often.
Both companies are going to keep doing great, but as I said in a prior post, I do wonder how resilient Apple's revenues will be if we have a downturn in the business cycle.