Why Apple Will Enter A Bear Market In 2016

Apple is the darling of many investors. The expectation is that the company can do no wrong. Such unrealistic expectations are always shattered. It’s just a matter of time.

Hedge Funds loved Apple. Carl Icahn bought over 53 million shares, and the Apple ‘groupies’ on the internet insult everyone who pointed out the future negatives with four letter words instead of facts.

Apple: Icon, Icahn or iGone?

The Christmas holiday season will probably help produce an excellent quarter for Apple. After all, it is a technology icon. But it may be their last great quarter for a long time. Shareholders should note that when enthusiasm is highest, and everyone is in, it’s usually a good time to look for the exits. Rather than looking at what is now, investors should ask, “what’s for an encore?” The markets look ahead.

Remember, market tops are made when everything looks best, not when they are bad.

Apple— What’s For An Encore?

My last article on this much loved firm was written on Forbes.com before the announcement of the new products on Sept. 9, 2014. That article discusses the contracting financial metrics of Apple. In the article below I discuss the newly announced products. Here are my impression. Some readers may disagree but these are my opinions, not based on emotions, but on facts and observations:

Over the next several weeks, investors will hear a lot about soaring Iphone sales, the wonders of Apple technology, the Apple watch next year, Apple Pay, etc.

Should You Buy Apple Stock For The Long Term?

Posted on Forbes.com

I have written several bearish articles on Apple stock since the price peak of $705 last year September. In fact, six days after that top on Sept. 21, I wrote that it was probably the top. I predicted the next downside target of $520.

When that was reached, I wrote that it would go to $420, purely based on chart analysis.

Apple: Like A Tired Old Race Horse

Posted on Forbes.com

As early as September 2012 I predicted the bear market in Apple stock on twitter.com and to our clients. In my articles on Forbes.com as early as December 5, 2012, the headline was Seven Reasons Why I Wouldn’t Own Apple Stock Now.  That was followed by an article in January this year, Six Reasons Why I Still Wouldn’t Own Apple Stock.

Last year I first predicted a price target of $520. That was not very popular.