To The Moon

June 17 - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous d

Apple Inc. shares were trading higher Thursday after the Federal Reserve held its rates constant but raised its inflation expectations for the years 2021-2023.Seven Fed officials expect increases in rates in 2022, and 13 officials expect rate increases in 2023.Apple was up 1.26% at the close Thursday at $131.79.Since September 2020, shares have been forming into what technical traders call an ascending triangle pattern.The stock is trading above both the 50-day moving average , and the 200-day m