The Long Investor

$AAPL TOP 20

Added 2024-05-26 16:01:47 +0000 UTC

I hope everyone is enjoying their long weekend, I will add half of the Top 20 list this evening and the remaining tomorrow and we'll be prepared for the week ahead.

Many believed that after $NVDA reported, this would give the green light to the market to push higher but the reaction was initially used to let off some steam and the market took a badly needed pull back post earnings....$NVDA gained $250 Billion in Market Cap but the rest of the market suffered, across all sectors, this ended a 1 month rally that had a lot of strength, mainly due to the Feds decision to keep rates where they are but the threat of increasing rates has diminished greatly, as CPI came in line with expectations.

$AAPL remains one of the Mega Caps that is showing signs of correcting and has had 6 months of consolidation, instead of pushing higher and bullish with the market.

Chart is still showing that Wave C is likely coming in next....$AAPL used to pull the market with it but $NVDA has taken this throne lately, the battle of the largest market cap will be between $NVDA, $AAPL and $MSFT this year.