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Unfortunately, $AAPL is going to trade with the overall market. We need to see what the market is going to do and $AAPL will follow suit.
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You are right. Yesterday’s charts of AAPL and DJIA look very similar.
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Last I checked, it was around 5% by market cap of the S&P 500.
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Good stock to hold during tough times. Earnings have not dazzled, though IMHO.
I like $SYY though Stochastics show its overbought. Price to book and price-to-cash-flow are both well below industry average..
Perry, I would not worry to much about overbought on Stochastic alone. The reason is that it been trending down hard somewhat a long time over sold on Stochastic that the trend made a quick change from bearish to bullish in a short amount of time that created an overbought. It would be better to look other Indicator for added more weight on…[Read more]
With oil coming down that really helps Walmart.