$Apple(AAPL.US)Apple’s resilience amid a hotter-than-expected CPI print isn’t particularly surprising. In a market where higher rates are putting pressure on tech valuations, investors still seem willing to pay a premium for stability and reliable cash flow.
The problem is that AAPL has already climbed to a level where adding more feels uncomfortable. The strength is reassuring, but chasing it here leaves little room for error if sentiment turns.
It’s an awkward spot to be in: the stock keeps proving its strength, yet the price makes it harder to justify increasing exposure.
@Captain's Treasure
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