Microsoft vs Apple
Being the two main stalwarts of the stock market, the jostling between these two heavyweights will be a hallmark of the market. Always vying for market shares in a tech dependent economy, who goes ahead will now depend on who gets a firmer grip hold on the AI driven trend that is driving the economy forward.
It is a very interesting but healthy phenomenon indeed and in terms of scale and sheer presence, no one else comes close and this is reflected by the heavy weighting each carry in the main indexes.
Back to the topic if Microsoft will surpass Apple in market cap, being so closely aligned to each other, I believe there will come a time when Microsoft will eventually surpass Apple but much like two racers who are at it with each other, they will each take turns overtaking the other.
At the moment, based on macro and technicals, I believe they are looking pretty stretched to the upside and if you look at their technical charts, you will see where I am coming from.
Both look like they are coming to the end of their fifth waves although these can stretch until the necessary supports are taken out. So as much as I would like to also jump on the merry bandwagon and herald in a new secular bull market, I do have to respect the technical patterns that I am seeing. And they are telling me to be cautious as an imminent pullback seems to be in the making.
Disclaimer: Please kindly do your own due diligence as this is a sharing article and in no means financial advise. I am just sharing my opinions and thoughts.
Thanks for reading my commentary. Hope it helps!
Stay safe! đ
$Semiconductor Bull 3X Shares(SOXL)$
Comments
@The Legend