Selling Apple? ($ AAPL)

credit: lifehack.org

credit: lifehack.org

Admittedly, it is a fairly untimely moment to publish this post –which I wrote on Friday–, minutes away from the press conference where they will tell about the use for the gigantic pile of cash they’re sitting upon, but anyhow… Apple continues to rise through the roof. Recently I’ve heard a ton of comments on how it has risen from $ 500 to $ 600 in a month, market cap being higher than the whole IBEX 35 or the entire U.S. retail sector.
This is usually a good think, but market analysts will invariably feel an itch that there may be a bubble and an excess of positive news may be just advancing sharp declines. When we look at the data of the last days there seems to be, indeed, reason for concern.

Leer más de esta entrada

Anuncios