Market Talk: Is AAPL the big overcrowded trade?
My guest today was Teresa Lo, founder of HedgeFundGuy.com, creator of the Select 20 stock picks.
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Retail investors are back. We discussed Apple Inc., the $1,000 target, and how it’s become the number one crowded trade as ranked by the Goldman Sachs Hedge Fund Trend Monitor and the Corre Group Quarterly Crowding report. We touched on hedge fund performance this year, and the potential downside targets for the S&P 500 Index.
Teresa referred to the follow two charts during the podcast. Click to view them at full size.