Don’t get me wrong, the company is fabulous and earnings was rock solid in this economy but rallies end in euphoria. In my opinion so far the distribution is completed and the price is going to fall.
Do you remember Amazon when it was around 3.5K and we had beats and 4K price targets everywhere?
The same situation is happening right now as consumers suffer due to...
DAX is creating a big iHS on the daily. It moved in tandem with other major indexes but recently DAX was stronger than DIA and specially SPY. The economy is not in favor of a bull run yet and this bear rally will soon come to an end. It seems they want to test summer highs and even print 14k to hunt some serious stop losses which may push the price even higher but...