In May of 2013 with AAPL trading at its lows, I noted how bearish the analysts were. Seemingly every analyst turned bearish on the stock, just as they turned bullish on the stock at the previous record highs in September of 2012. Excessive analyst sentiment has proven to be a trend changer for $AAPL.
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Crude and Unusual Punishment
Crude oil futures are plunging again. Stock futures are rallying. There are many reasons for the fall in the price of Crude Oil. Is Crude oil the land-line phone of the Energy sector? If so what is the wireless technology of the energy sector? Is it Solar power? Is it wind energy? If so what does that mean for Chevron and Exxon Mobile? Or perhaps I am getting way too far ahead of myself.
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