I've been saying through the entire recent run in Apple to stay away - not to buy at all-time highs - and today is why. Yes, I love Apple stock. Yes, I rate it the number one stock to own. No, I don't buy at all-time highs. No stock can go up 20+% in a month. That's not investing - that's gambling. Look at the wild action in today's trading session. At one point Apple hit 111- giving up almost the entire month of gains in ONE MORNING. That's how ahead of itself the stock is in terms of price action.
If you want to own Apple and don't currently - wait for the pullback - make a target of what price you think is a good entry and WAIT. Don't jump. Quality investing is about patience.
If you want to own Apple and don't currently - wait for the pullback - make a target of what price you think is a good entry and WAIT. Don't jump. Quality investing is about patience.