A healthy correction is way overdued and I foresee the selling pressure will be on-going for the entire week, at least until the fed meeting by end of this week. Hence, I’ve reverted my portfolio to risk-off mode this week.
It’s possible for apple stock to have a price correction at around 15-20% but at a 40% price correction on current share price is way over the top. I could be a doubting Thomas but wait, apple stock at $90? Possibly that happened during the market crash ?