More to come? AAPL reaching it’s all time high comes just when S&P 500 Index reaches it’s all time high too! Before we all get excited be aware that it’s not happening to all companies, so choose well. Here’s the recommendation from a Bloomberg article here.
> Majority of earnings in US
> Positive free cash flow (good cheap companies)
> Geared towards disinflationary global environment
Volatility feels high but it’s “back to normal”
They have a video that discusses the current market so be sure to catch that one. They talked about the volatility that we are having so it’s not a straight up march to more all time highs. I myself believe that AAPL will continue to grow (a fund manager even said it will be a Trillion dollar company) but it will not happen overnight. I’d keep watch on valuations and AAPL’s PE stands right now at 17.12 so it is fairly valued. Earnings season still on the way so we could likely see some boost on company earnings performance but I say the majority of the move had already happened, so be on alert, be sure you set your stops to take profit.
Meantime, I’m going back to reviewing Dr Van Tharp’s Peak Performance course … been doing self-tests relating to stress and I’m all perked up discovering where else I should improve! So everyday living got it’s stressors, but we all just have to protect ourselves more with focus on health and nutrition, exercise, recreation… I can’t wait to get back to the course. Just amazing,,, don’t stop me now!
ll
