Wow, the Apple Stock Really Made a Comeback like the Oracle Team
in America’s Cup
As we know the Oracle Team USA won the America’s Cup on 9/25/2013.
It experienced one of the greatest historical comebacks. It reminds me of the
Apple Stock.
Why do some
stocks with apparent great potential underperform? It is not hard to notice
that some stocks do not follow the general market trend, such as Apple Inc.
Once a red-hot stock, Apple Company’s total value could have been greater than
a country’s wealth, at its apex! You never know when the tide will change for
an individual stock, even when the general market is robust. Apple stock reached its all-time high closing
price on 9/19/2012 at $702. Actually, on 9/21/2012 it reached an all-time
intraday high of $705.
Chart1 AAPL vs. NASDAQ from
9/19/2012 to 6/25/2013.
Source: Line Graph Outline
form Yahoo Finance. Actual data compiled
by blogger.
From the above chart, you found that
Nasdaq-100 gained about 10% from September 2012 through June 2013, but Apple
stock plunged about 40%. If you picked the wrong stock, you might be very
frustrated and lose money in large quantities.
The stock market retreated in
the past few days mainly due to the Fed worries and government budget concern.
However, the Apple’s stock shares jumped 5% on 9/23/2013 since its IPhone 5S
sales significantly exceeded the expectation. It made a great comeback!
As retail investors might
feel the difficulty to trade on this kind of individual stock which did not
follow the trend of the general market, then trading on ETFs might a better
choice.
If you want to know more
about the ETFs, you can visit:
Thanks for your visiting
and reading. Happy Trading!
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