From Charles Hugh Smith:
Sometimes, one chart tells us more than a thicket of charts.
Every analyst and punter seeks an "edge" by plotting and comparing innumerable indicators, ratios, correlations, and data points.
Sometimes, all this complexity pays dividends, but if it did so consistently then 90% of hedge funds and mutual funds wouldn't be underperforming index funds. Sometimes, a single chart says it all...
Read full article (with chart)...
More on Apple and stocks:
Why silver could hold the key to the market's next big move
Top trader: Apple is now showing the "telltale signs" of a parabolic top
Portfolio managers and individual investors are pouring back into stocks