Apple Stock (AAPL)

The shares of Apple ($AAPL) keep going higher because they are NOT spending on AI. All the money has to go somewhere, so instead of taking it out of the market, they put it into Apple — in the great rotation that has highlighted trading in the last few weeks. Apple recently had a poor quarter …

I view this as a negative to Apple ($AAPL): Position: None

I believe Apple ($AAPL) is overvalued and, though I covered my short (-$9 yesterday), I plan to reshort on strength. Bulls in the business media say valuation is not a timing tool – but how about crappy top and bottom line (adjusted for buybacks) factors? Positions: None

I covered my Apple ($AAPL) ($325.40) short (-$8.50 today) for a small profit. I plan to reshort on strength. Position: None

All last week the perma-bull cabal (including head cheerleader Fundstrat’s Tom Lee (every day) and Wharton’s (where I received my MBA) Dr. Jeremy Siegel on Friday — both of whom called for an imminent rise in equity prices) remarked that the pleasant decline in energy prices would serve to 1. reduce inflationary pressures and 2. …