Tomorrow is a huge day for AAPL....and the entire market....HERE IS WHY
Everyone has forgotten about the impact of the 'sequestration'....the markets were on the sidelines to see what the heck was going to happen....hence a relatively positive reaction by Wall Street on both Friday (03/01/13) and today (03/04/13).
Today was a 'tester' for the market....please look at the daily charts and dare me if I am wrong. The markets came up in the last hour today and it will be an up week all week long.
Yes, Apple ended up down but it was much due to the month long haircut. This week, the markets will end up significantly (if the US does not decide to do a pre-emptive strike on Iran, which is likely to happen before June 1st)...and AAPL will end up about 460 or 470 by weeks end.
Please understand that Apple is still a risk only because of a TON of issues going on right now at the company. The biggest reason? Major investors are physically LAUGHING at the iWatch....they laughed and then sold their shares and then they shorted the shares!!!! There are major reasons to be concerned about Apple but there is a major correction occurring this week to the upside. So hold tight until month end...and then, it is anybody's guess. But by end of March Apple should be at the 525 range.
What is your basis for your statements? For weeks now Apple and the market have been going in opposite directions. Why would this situation change tomorrow? I don't know where AAPL will be by the end of the week but if is at 460 or 470 then you obviously have insider information and simply can NOT be trusted.