The Debate Over Apple
Market players are fascinated by trading in Apple (AAPL) today, which bounced nicely after an early panic. Probably the most interesting thing is the debate over AAPL. True believers continue to feel the market just doesn't understand AAPL, while skeptics argue that AAPL's lifecycle has shifted and it is now a "mature" company like Microsoft (MSFT), Cisco (CSCO), Dell (DELL) and many others in the technology sector. While it may still be a good value, AAPL's hyper-growth stage is over and it is unlikely to regain the wild momentum it enjoyed earlier this year.
Outside of AAPL, the market continues to trade in chaotic and choppy fashion. Breadth is running about 1950 gainers to 2900 losers, but underlying support continues as hope of a fiscal-cliff deal keeps buyers interested....132 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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