Every bull market has its 'badge', a stock that captures the imagination of the vast majority of market participants
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Many stocks are entering my buy ranges again. The question is how much short-term risk do individual names have?
As you know, last Friday, December 14, was 90 degrees from the high of the year.
On Wednesday, Apple suffered its worse one-day loss since 2008.
As you know, I have been looking for 1430 on the S&P 500 (^GSPC) as a potential major top occurring before the end of August.
While Apple (AAPL) tested 180 degrees down from the recent swing high as shown on the earlier Square of 9 Chart...
Nationalism/localism is on the rise and citizens want to know where corporations stand.
Carriers are weary of giving Apple too much sway in the market. Too bad they turned to the wrong partner.