This is a technical analysis article. We have an interesting divergence with the SPY triggering our proprietary Buy Signal, but Apple failing to do so. Apple is the ultimate market-like stock, but now it is not keeping up with the SPY because it is not considered an AI stock. That may change. Apple is still outperforming the SPY, as you can see on the chart below, so we like it and so do portfolio managers.
SPY Triggers Our Buy Signal, But Apple Does Not (Technical Analysis Upgrade)