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anand_swamy
Feb 18, 2020 2:06 PM

Where does Apple Stand? Short

Apple Inc.NASDAQ

Description

Apple, Tesla, and Alibaba have recently warned that they will not be able to reach their revenue goals due to coronavirus. This will most likely begin with a downwards movement, and start a general downwards trend. Once coronavirus is cured the stocks will have a spike, level out, and then stay relatively movementless until their factories can be fully reopened, when they will spike and hit normal levels again.

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Comments
a587802ff14e24
FED pumping money to keep the party going, no idea how the market is going to dance to this for so long, The major shareholders might start taking profits at these overvalued levels.
anand_swamy
@a587802ff14e24, True. Depending on how long the coronavirus is around for, the govt will keep pumping money in the markets to keep them from crashing. After that though, once the govt stops injecting money, many stocks will crash without that volume. That is the time to pick them up.
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