Apple (AAPL) stock forecast.

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As we enter one of the most positive times of the year for the stock market, from December 19, 2024, through January 2, 2025, we notice that the market has not been kind to the average stock as well as many sectors since the latter. Part of November. Some blame the sale for a tax loss, which is possible. But there are sectors and indices that are falling from their all-time highs, or at least from their 2024 highs, so no taxes can be imposed on selling there. The NYSE breadth on Tuesday was -1,611 with the weak expansion line continuing. NYSE total 12-day issuances/advances fell to 39%, one of the weakest readings in the past two years. Once again, the weakest indices were the NYSE, S&P 400, and S&P 600. We see some interesting data on Commitment of Traders (COT) as well as some disturbing data (it just depends on the market). We mentioned earlier that the combined hedge position of the major index was quite bearish – and when we look at two of the index components, we find that the hedge positions in the S&P 500 and Nasdaq 100 are both bearish as the smart financial hedgers are at or near their most negative future positions. At the same time, the large speculators (hedge funds and momentum junkies) are very bullish in their futures positions.