πππIs
$Apple(AAPL)$ a genuine fortress or just the last safe haven before a correction?
The Unshakeable Fortress: Believers see Apple as a virtual cash machine. With over 2 billion active devices globally, a fiercely loyal ecosystem & massive share buybacks, Apple feels invincible. To Apple believers, holding Apple isn't just a trade. It is a shield against chaos.
The Final Domino to Fall: Skeptics look at Apple and wonder how badly Apple will be affected if consumer spending on expensive iPhones will slow down.
If Apple falls, the rest of the market goes down with it. It is not a safe haven. It is the last Domino waiting to fall.
Ultimately Apple is a mirror of your market psychology.
If you view it as a defensive anchor, you continue to stay invested. But if you hope to make a quick gain, Apple can be volatile.
@Tiger_comments @Tiger_SG @TigerStars
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