|Bid||956.08 x 100|
|Ask||956.45 x 100|
|Day's Range||952.61 - 973.31|
|52 Week Range||663.28 - 988.25|
|PE Ratio (TTM)||32.30|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
If large cap tech experiences continued challenges in regards to its upward momentum, look for a reset in US equity prices that may well shave as much as 5% off index levels.
Ten years ago this week, the iPhone went on sale. Only four people outside of Apple already had iPhones: Steven Levy, then of Newsweek; Ed Baig, of USA Today; Walt Mossberg, then of The Wall Street Journal; and me, then of The New York Time
Technology has been on an epic rally of late. Stocks like Micron Technology, Inc. (NASDAQ:MU) and Advanced Micro Devices, Inc. (NASDAQ:AMD) are up 140% or more in the past year. When momentum stocks are rallying this fast, they tend to appear perpetually ready for a dip.