Chairman Mao is Coming to Dinner
Friday, February 7th, 2020 Categories: Market Timing, Risk-Adjusted Returns, Technology, United States
Or the fat lady is about to sing (choose your own metaphor)
Apple and Microsoft both look significantly overbought relative to US equities. Other US stocks with similar scores have underperformed by about 15% over the next three months. If this happens to the two largest stocks in the index, US equities will probably fall.