“AAPL continues to fade. It’s down another 1.5% today.
But there’s a bigger story.
Bloomberg, Business Insider
Says Dow: Not saying that $GDX (blue line) and $AAPL are similar behavioral phenomena…well, actually, I am.
We wrote about something similar a couple of weeks ago.
For years during the crisis, Apple was basically an asset class of its own (like gold). While the rest of the market was moving in tandem, Apple was ripping higher, divorced from market gravity….”Twitter