$AAPL

Apple's stock looks illogical to me: a $2,000 foldable phone and a $1,200 iPhone 18 do not make sense. I doubt anyone buys the foldable, and not enough buyers to make a difference, so I think bad news is coming — my opinion.

Bearish
“askSlim Market Week 10/16/26 - Analysis of Financial Markets”
Steve MillerPublished Oct 16 · 2 passages

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In other words, those large companies. If you watched the program last week, I featured the biggest companies, Apple and Microsoft, and Apple, Microsoft and Nvidia made up 21.5% of the index.

If these companies begin to correct, we will see a greater decline.

As for Apple's stock , it's illogical in my opinion. It's very up-and-coming, but it doesn't make sense to me, because they have a foldable phone for $2,000, and I don't think anyone will buy it.

I'm sure there won't be enough buyers for it to make a difference to them. And $1200 for the iPhone 18. So, I think there's bad news coming, but that's my opinion.

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Steve Miller has 2 calls on this stock; only the adjacent ones are shown.

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