"I'm not smart. I try to observe. Millions saw the apple fall but Newton was the one who asked 'why.' " - Bernard Baruch, legendary investor
While Sir Isaac Newton was able to achieve a moment of scientific insight regarding the phenomenon of gravity through his visceral observation of the behavior of apples falling from a tree, these days one seeks slightly different insight into the state of today’s stock market by observing the role of Apple, Inc. (AAPL) in the current environment.
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(This article was also published in seekingalpha.com and Marketwatch.com)