The thing about Apple…

So, full disclosure, we own Apple. It's not a big position and I certainly don't profess to have any special knowledge of in which direction the next 50 points will be in.  But I think framing the sell-off discussion in terms of fundamentals is probably wrong. I believe what we're seeing is more mechanical - end-of-year tax-related selling, etc. I believe it is still the greatest company on earth and if you can only own a certain number of stocks, why wouldn't this be one of them?

Here's me, Sully and Jim Cramer, live on Street Signs today:

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

blog comments powered by Disqus