NASDAQ stocks had their worst month since the Financial Crisis in 2008. The VIX, a measure of investor fear, is nearing the highest levels since the Covid Crisis began. Seemingly impervious Apple has felt the fury as well, even after a record-breaking revenue quarter.
Shares of Apple (AAPL) are now at oversold levels that have signaled major buy points in the past. I like to use a straightforward system to identify potential technical turning points. The process used was presented in a previous article for those who missed it.
