Controversial post: Where Apple and the stock market could be headed next

From Charles Hugh Smith:

Sometimes, one chart tells us more than a thicket of charts.

Every analyst and punter seeks an “edge” by plotting and comparing innumerable indicators, ratios, correlations, and data points.

Sometimes, all this complexity pays dividends, but if it did so consistently then 90% of hedge funds and mutual funds wouldn’t be underperforming index funds. Sometimes, a single chart says it all…

Chart courtesy of the Macro Story.

Read full article (with chart)…

follow us in feedly

It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever