6-12-24 Is Now the Time to Buy Apple?

Markets set another all-time high Tuesday, albeit marginal, despite the trumpeting headlines, and trading negatively for most of the morning. We're now seeing institutions coming in to buy during late afternoon trading, lending bullish credence to the market. Traders are tracking right along the 20-DMA, as we saw in January and February, rebuilding the same pattern of rally-retest-rally. The big driver was Apple, with the advent of their "Apple Intelligence." A brilliant marketing move (pssst - it's still AI.) After nearly a year of not pulling its weight in the Magnificent Severn, Apple is now back in the game with a big breakout that drove markets higher yesterday.  Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO  Produced by Brent Clanton, Executive Producer ------- Watch the video version of this podcast: https://www.youtube.com/watch?v=L-XpND3aEVE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1&t=2s ------- Get more info & commentary:  https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #AppleIntelligence #AI #ArtificialIntelligence #MagnificentSeven #FederalReserve #FOMC #InterestRates #RateCuts #QuantitativeTightening #PortfolioRebalancing #20DMA #50DMA #100DMA #CruideOil #EnergyStocks #OPEC #InvestingAdvice #Money #Investing