Daily Archives: May 5, 2024

Showing articles 1 - 2 (2 total)

19May3:40 pmEST

They're Trying to Mask it From You

While ARKK and many downtrodden growth stocks catch a bid today we have shares of AAPL (below on daily chart) hitting their lowest levels since July 2021. With a $2.22 trillion market cap, and the trifecta of ETF component weightings (DIA QQQ, and SPY), Apple is as serious as serious gets for this market. We know Buffett is still in the name,...

19May10:09 amEST

Oh, Have Another One!

I know I am dating myself with  Toll Booth Willie references (about thirty years ago at this point). However, it is worth driving home the point that the transportation stocks, which got many bulls quite giddy as summer approaches regarding pent-up demand for travel and general post-COVID animal spirits, have actually gone in the other...

 
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