jenny

Should Apple Investors Feel Good About Yesterday's Rally?

Given the rally's we see, I dont know, every single week, I hardly doubt anyone is getting too excited over 12.5% gains. Of course it's great news, but most (I would hope ALL) investors realize these are short-lasting in our given economy. Every other day it's Wall Street is up, Wall Street is down. The swinging comes at no surprise anymore. Irregardless, Apple has shown its relatively recession proof. Checking one month sentiment (predictwallstreet.com/...) I can see that its fluctuations into bear territory have been somewhat temporary and it is recently becoming more bullish. I think the overall market is def bogging it down, but Apple is still faring relatively well, all things considered.