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Friday, March 15, 2013

AAPL bottoming finally?

From a low of $425 on Monday, to a high of $444 as of Friday the 15th of March, AAPL looks to be putting in a rally attempt after falling from the highs of September.

There is a possibility that we can start seeing money coming out of stocks that have had a good rally in the past three months, and redistribute those gains into lagging names like AAPL.

In the stock market today we are seeing the S&P and Dow push to new highs yet again, but signs of the rally weakening are starting to show.

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