The year has given both bulls and bears reason to hope given the volatile crossing back and forth over this year's unchanged line. The 10 year at first continued its bull move but now has recovered as rates have risen slightly after two encouraging job reports.
It is easy to be suspicious of any continued bull trend given the age of the stock rally. Just like all of last year, indicators from CoverRisk.com again show up as the trend, though there have been some sell side indications.
AAPL still remains the most overvalued stock but has consistently remained in the CoverRisk metric of least risk. Yes, a stock can be over valued and have least risk bias based on day to day metrics. However, when AAPL finally turns, it will go down and catch its tail, right now a 40% decline. No stock ever escapes, just a matter of when. Why won't matter but will probably be inaccurate.
