ORIGINAL POST, SEE UPDATE BELOW: We talked about this all last week, and it’s happening again.
Apple shares are badly underperforming the whole market.
While the S&P 500 is solidly positive, shares of Apple are down over 1%.
Here’s a chart of Apple vs. the S&P 500 ETF.
As you can see, those big red bars at the end, which signify when Apple is falling against the S&P 500, are very rare.
UPDATE: It gets worse. Apple is now down over 2.7% and it’s dargging the total market down.