Is There An Apple Disconnect?
by Jim Van Meerten
The price action of Apple may show a disconnect from its fundamentals but the technicals just may signal some signs of support.
The price action of Apple (AAPL) still seems to defy logic. In December I wrote an article on TheStreet.com titled "Apple is a Bad Investment" where I explained that most investors look for long term investments in companies that are forecast to have increasing revenue and earnings. Investors look to analysts interpretations of a company's annual reports and then make forecasts and recommendations based on those projections. We would expect a stock that has positive growth forecasts to increase in price. read more »
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