APPLE AT CRITICAL JUNCTION FOR ENTIRE STOCK MARKET, MOODY’S DOWNGRADES BANKS, CHINESE EXPORTS FALL, RAISE HEDGES
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
A Critical Junction
Please click here for a chart of Apple stock (AAPL).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of AAPL is being used to illustrate the point.
- Apple stock is the largest stock in the market, has heavy weight in indexes, and is the most beloved stock perceived by many as a safe stock. For this reason, whatever happens to Apple stock has a disproportionate impact on the entire stock market.
August 8, 2023