As you can see by the chart, I have labeled every time AAPL has deviated from its current trend and what follows right after.
This has been a consistent pattern over the last decade and I believe today is no different.
Powell reaffirmed his fight for Price Stability yesterday and will continue to do so until the mission is accomplished.
50 Year High Inflation, War, FED hiking into a slowing economy, QT, Supply Chain shocks, Sanctions/Embargoes, Energy soaring, Gas at $4 in every state in America for the first time in history.
This is not Price Stability.
It is a funny thing really,
One of the most famous quotes in Investing is, "Don't fight the FED",
But everyone only seems to listen when this suggests higher prices.
Markets work in both ways.
I called something similar back on January 20th, you can see it here:
I think we potentially are finally seeing it play out.
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