Apple (Short) Position
Now I am not completely sold on going short on Apple. However, follow the puzzle that is the stock market, my guess with negative press on every other FAANG stock, Apple will be the last piece of the puzzle. Something wrong in Apple's supply chain, update backfires, etc. anything can happen and betting that it will. Today, German regulators are investigating Tesla for a malfunction with their autonomous functions in their new Teslas. Why now do German regulator begin their investigation, my assumption is that people in power want to see the FAANGs drop to rebalance the rest of the market to brace for FED interest rate hikes. March is going to be fun. I am short Apple for now (3 weeks), yet I am hopeful the market will hold on but I am prepared for the blood that will be the next couple of weeks.
It also doesn't help that crypto market has dropped almost 10% over the weekend, which does not lead me to believe that this week will bring good news in the stock market.
I am attaching an article that I wrote earlier today about my concerns of Russia and the United States' high inflation.
It also doesn't help that crypto market has dropped almost 10% over the weekend, which does not lead me to believe that this week will bring good news in the stock market.
I am attaching an article that I wrote earlier today about my concerns of Russia and the United States' high inflation.
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