On March 6th, I mentioned Apple, Inc. (AAPL) looked compelling based on both fundamentals and technicals. That was in the mid $120s. I purchased it then and it’s now sitting at $160, but down $8 today. I’ll be watching this closely over the next couple of days to see if it begins to lag as opposed to leading as it’s been doing. I’ve been expecting the market to rollover soon as I mentioned Friday. We’re getting a reasonable sell off today. Apple is leading the way down. Stay tuned.
I’ll be filling in on the Biz Radio Network tonight for Daniel Frishberg. I’ll be hosting The MoneyMan Report from 4-6 CST. In Houston, you can listen on 1110 AM and in Dallas you can hear the program on 1360. My guests will include Dan Fitzpatrick & Bryan Perry from Changewave Investing.
