Obvious Ominous Weekly chart on AAPL
Markets going down, indicators looking bad, all time highs, trade war with china, that most of the HUGE FAANG stocks have all had poor earnings, that the iPhone market is saturated... Can't help but think that it is such a crowded trade, and that this is the last hope of big money holding up the market. So much that when the bottom does fall out, it will get nasty quick. Only challenge I see with shorting this is that it is sooo obvious, and that AAPL has so much cash and buy backs to continue to prop itself up.
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