The Retail Pump

by | Aug 19, 2020 | Daily Note | 0 comments

  • The S&P hit a new high today thanks to Apple which hit $2 trillion in market cap
  • I have a lot of evidence on why Apple at this price makes very little sense 
  • Apple nearly has a market cap the same size as the Russell 2000
  • Today the Bradley indicator has a turning point day and I look at this strange indicator and look back at the last 5 years 
  • I'm going to only put out one short note tomorrow morning as I'm driving my daughter to the airport so she can go back to college 
  • I'm sure once the students get there, the school will announce online classes only 

 

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