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ARKK - Apple: The Last Domino To Fall In A Market House Of Cards
ARK Innovation
Apple shares have been bid higher with impunity, driven by gamma squeeze buyers and price insensitive and valuation insensitive fund flows.
The narrowing of market breadth has added additional fund flows, as only a handful of stocks are propping up the entire U.S. stock market.
A share price reversal yesterday, December 1st, 2021, along with some negative fundamental news today is putting the final nails in the coffin for Apple shares and the broader market.