Introduction - looking for alpha in all the right places (I hope)
There's a potential bullish set-up in Apple (AAPL) right now that reminds me of thoughts of two icons, Warren Buffett and George Soros.
Markets are a little strange; the evolution of patterns matters. With many tech stocks on a roll, and with frothy valuations in smaller glamour names as Nvidia (NVDA), Adobe (ADBE) and Netflix (NFLX), there may be a "pull" effect on more ponderous names, the largest of which is AAPL. But if so, AAPL would be joining a growing number of large-/mega-caps that have little or no sexiness.
First up, comments on a key Soros trading philosophy that I'm thinking about, then the Buffett views on AAPL, then the rationale for my own hopes for AAPL that go beyond the more restrained but still bullish Buffett views. Putting all together, it may be that the seasonally strong months ahead could turn out well for AAPL's fundamentals and stock price.
