Michael Jordan gives his take on the recent performance of tech stocks, particularly Apple, amidst market volatility, tariffs, and the rise of AI, and whether investors should be worried or see opportunity.
Michael Jordan gives his take on the recent performance of tech stocks, particularly Apple, amidst market volatility, tariffs, and the rise of AI, and whether investors should be worried or see opportunity.

Fadeaway Fades? Apple's Wobble

Alright alright settle down folks. Word on the street is Apple's been missing some shots lately. Down 0.6% over two months? 6% over three? That's like missing back to back free throws in the Finals. Unacceptable! But let's not start calling it a dynasty collapse just yet. Even the best have off days. Remember when I retired to play baseball? Exactly. We all make mistakes. But I came back didn't I? And I won.

The Magnificent Seven… Minus One?

So Apple's lagging behind the 'Magnificent 7'? Trading below its 50 and 200 day moving averages? Sounds like someone needs a pep talk from yours truly. Listen it's not about being down it's about getting back up. It's about pushing yourself harder when everyone else is ready to throw in the towel. I always say 'Just play. Have fun. Enjoy the game.' Maybe Apple needs to rediscover that joy in the tech court.

Bouncing Back: Tech's Still Got Game

Don't get it twisted though. The tech sector overall? Still ballin'. The SPDR Info Tech Sector Fund and Invesco Nasdaq Trust are up outperforming the S&P 500. So while Apple's stumbling the team's still winning. It's like having Scottie Pippen and Dennis Rodman picking up the slack. You can't win championships alone. Even MJ needs a little help sometimes.

Betting on the Board: Diversification is Key

Smart investors are playing the whole court not just betting on one player. They're diversifying spreading their bets across the S&P 500. Tech makes up a big chunk of that over 30%. And people are loading up on the Vanguard S&P 500 ETF. Wise move. Never put all your eggs in one basket unless that basket is lined with championship rings.

AI: The New Buzzer Beater?

Everyone's talking about AI and they should be. It's the next big thing the new buzzer beater. This Dan Ives guy says the market is underestimating the growth potential. I tend to agree. AI is changing the game and if you're not paying attention you're gonna get left in the dust. It's like trying to guard me with one hand tied behind your back. Not gonna happen.

Volatility? Opportunity Knocks

So what's the takeaway? The market's volatile things are changing. But that's life. As they always said about me: 'Some people want it to happen some wish it would happen others make it happen.' Volatility is your chance to make it happen. Don't be afraid to take the shot. Even if you miss you learn something. And if you hit? Well that's what legends are made of. Now if you'll excuse me I've got a tee time to make. Gotta work on my own game you know?


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