Professor Bierman here, and I'm here to tell you that AAPL - Apple’s pretty much a “fake stock” at this point. Yep, they had a stock buyback… but BIG DEAL! It’s nothing more than a wet band-aid on a gaping wound. Apple missed the A.I. boat.
Warren Buffett, their biggest shareholder, is unloading shares. There’s *crickets” in terms of anything remotely exciting in the product pipeline. And the market now sees things the same way.
Hence why the algos saw Apple defecting in the other direction from virtually every other bullish tech stock. They smelled blood and they pressured it down, like Whack-A-Mole… and as I write this they still haven’t let their jackboot off of Apple’s throat.
You can see it right here…
What does this mean to you?
It means that over and over, the algos are creating virtually “one sided trades” where they push price UP or DOWN for extended periods of time. They suck away almost all volatility, even out of a titan like Apple! That’s how all-powerful these algos are. And little do most people know…
These algo “hijacks” provide us with the most intense plethora of opportunities in the markets today. More from me on this soon!
Thanks for reading!
To your success,
Professor Jeff Bierman, CMT
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