Apple shareholders would have winced with pain in the throes of yesterday’s $2.50 decline. What they may not have known, however, is just how seriously the 2% drop damaged the stock’s long-term charts. How bad was it? Bad enough to infer that Apple, the world’s most valuable stock, may have entered a bear market. If so, this would have dire implications for the U.S. stock market. My detailed analysis, along with a sobering chart, is contained in today’s AAPL tout. I will make this information public at the end of next week. However, if you are not a subscriber and want to view it now, click here to gain immediate and free access not only to the tout, but to all of Rick’s Picks services and features for two weeks, including a 24/7 chat room that draws experienced traders from around the world; impromptu online sessions at which Rick “takes requests” in real time; and actionable updates and alerts ’round-the-clock.
