Greetings from Los Banos (“the bathrooms“) California, where I think nasty thoughts about Southwest Airlines. This is hardly how I like to execute my trading day. In any case, I’ve been strident for many, many moons about how AAPL needs to break for a real bear market to begin. Well this is a pleasure to see:
In a very short amount of time, the stock has already lost 15% of its market cap – – that’s about $160 billion, folks – – and has a long, long way to go.
Now to get back into my Dodge “hey, where’s the Personal Connection Port?” Caravan and resume this ridiculous voyage.