Wait for Stabilization in Apple and the S&P 500, Oppenheimer's Wald Says

The video discusses the technical analysis of Apple's stock, highlighting its bearish trends and the need for stabilization. It also covers the S&P 500's performance, noting a bear market within a larger secular bull market. Key indicators for market predictions are discussed, including the percentage of stocks above their 200-day moving average. The video concludes with the impact of Apple's performance on the market, noting a significant drop in shares due to revised revenue forecasts and challenges in China and emerging markets.

What is a key level to watch for Apple's stock as a potential support?

• The 2019 average at 150

• The 2018 high at 200

• The 2020 low at 100

• The 2015 peak at around 135

How much do bear markets typically drop during a secular bull market?

• 10% over 6 months

• 20% over 8 months

• 40% over 10 months

• 30% over 12 months

What percentage of stocks above their 200-day moving average indicates a new bull market?

• 50%

• 60%

• 70%

• 80%

What external factor contributed to the recent plunge in Apple shares?

• Foreign exchange pressures

• Rising interest rates

• Increased competition

• New product launch

What is the expected behavior of returns after a deeply oversold market condition?

• Stable returns over 1 to 3 months

• Above average returns over 6 to 12 months

• Below average returns over 6 to 12 months

• No significant change in returns