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The Investment Rate: Our proprietary longer term leading stock market and economic indicator, The Investment Rate, is the most accurate longer term model ever developed. It will tell you what will happen to the economy before it happens.
I recently issued a sell signal for AAPL, and now AAPL is about 20 points (4.6%) higher than it was when I issued my sell signal. The stock was $448 and I issued my sell recommendation at $426. The increase was driven by outstanding quarterly results, no one can argue that, but I continue to recommend selling shares of AAPL, so here I will offer further rationalization for that call.
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