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Ep 162: David Saito-Chung: What Can The Fed Hikes Of 1994 Teach Us?

Investing With IBD

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Apple's 10-Week Moving Average Will Keep Its Position in the Market

This is a large cap mega cap company that hopefully will maintain support of that 10-week moving average. This is the first test of the 10-week line following a breakout in a normal bull market and good market conditions we consider that to be a follow-on buy point. With the marketing correction there's a little more risk involved with buying but i think it's just very interesting to see how this stock will do well. Apple has earnings coming up tomorrow after to close uh it's such a bell weather not only for the technology sector but for the market in general. As much as 15 to 16 percent of all money used to buy back stock within the s&p 500 all comes from

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