There are a few absolutes to get out there. The first being that when times are good, tech does better than the broader market. The opposite holds true; tech goes down faster and further than the broader market in bad times. The second absolute is that we are in bad times – Jerome Powell is trying to deliberately bring the market down. We can debate on if he should, but there is no debate on if he is trying to do this.
The list of absolutes could continue – but due to us beginning the on average worst month for the stock market – I am betting against Apple and am buying up AAPD. I hold 21 shares of AAPD and will be selling when Apple goes to $141 later this month. We will retest the June lows, and there is a good chance AAPL with slide to $130 again, more money for those of us who invest in AAPD.
Other holdings: SQQQ, SDOW.
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