Quote:
Originally Posted by FakeNameChanged
I swing trade AAPL regularly, primarily because it's been a long time momentum leader for the whole market. It's somewhat battered recently, and I've seen a couple of print articles and talking heads saying it's no longer the leader in the tech sector. It's down about $20 since its high in late Jan. A few talking heads have even suggested that Cook's recent association with Trump was causing the choppy downward or sideways spiral. I think AAPL with be the mother of contrarian plays when it gets its footing.
Not a recommendation to buy or sell. Do your own due diligence.
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Up over $6.00 since posting, not a big deal with these FAANG stocks. One of the talking heads last night was promoting Newmont mining, down 6.6% today. It may have been Cramer, I don't remember, to be fair. He's also higher on Ford over GM, based on F-150 truck going electric. Mary Barra's leadership at GM has been suspect lately, IMO.
