In my opinion apple is priced to perfection, or do you believe there is absolutely no such thing as a stock being priced to perfection...
From July 2009 : Care to guess the return on INTC since you priced it at "perfection" ? I could delve into hundreds of your opinions of yours over the years that prove your ideas on tech valuations are useless.
UP up up. But of course when you have the fed pumping trillions and trillions of dollars into the stock market of course things are going to go up... without any help from the fed I would have been proven right a million times. The fed is the single reason the markets are in a decade plus historical bull market rally. Intc would still be around $15-$20 if it weren't for the fed bailout but of course you will continue to ignore that solid fact.
The Fed stopped QE years ago. Please give it a rest. Repo Market injections and rate cuts help AAPL the least of just about any listed Company.
A gazzillion excuses are available why the market moved up or down. 100% of it is contradictory. Just trade price, forget the noise.
The size of the QE created was enough for the market to get a gigantic jump start and then came the stock buybacks which juiced the markets once again. Everyone has this mentality that companies blossomed on their own after the collapse, but they didn't, every single step of these gains from 2008 onwards is all because of trillions of dollars of QE and trillions of dollars of stock backs. Without any of that the markets today would be 75 % lower.
Another prediction on Warren's win and where markets would go. You guessed it. Downnnnn Anyway we all know the outcome already so no need to even worry. Trump is going to win another term, now let's move on and forget about the 2020 election even happening https://www.cnbc.com/2019/10/29/pau...-slide-for-stocks-if-warren-wins-in-2020.html