Apple's Massive Divergence: Fluke? or Warning of Imminent Crash?
Updated
Since Mid-December the Tech-Giant Apple appears to have fallen out of favor with investors as of late with the lawsuits piling up & rampant selling, while other tech companies & etfs as a whole continue to either grind or rally higher, which makes some sense with the AI Boom (Bubble) continuing on, but doesn't make sense because apple should be benefiting from something like this because historically apple & spy/qqq have for the past 10+ years had near 1:1 correlation,
Which brings up an interesting discussion: could this be an isolated incident with a single company while leaving the overall market intact? or is this a warning sign to an eventual large selloff or even ai bubble bust/crash?
Which brings up an interesting discussion: could this be an isolated incident with a single company while leaving the overall market intact? or is this a warning sign to an eventual large selloff or even ai bubble bust/crash?
Note
Almost 1 month later and the overall market has weakened significantly, so yea looks like apple was a red flag for the q1 rally, now the question is how much more downside is there? and will the market eventually rebound?
Note
It's Late June now, after the april correction on s&p & apple er the divergence is no more and has since re-synced to reality
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