Joe consumer is tapped out, AAPL is not impervious to inflation, increase in wages, increases in input costs, record $1.1 t credit card debt in USA, record worldwide debt, global slowdown on the horizon, $7 a gallon gasoline here in CA, 6.5-7% 30 year loan rates something's got to give! I would look to short aapl over $140 and add 10% to my position each $1.50-$2 price increase. There are no safe havens don't fool yourself! Bear market rallies are to be sold not bought!
Note
NO POSITION YET, WATCHING
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.