To The Moon

$Microsoft(MSFT)$ Interesting how MSFT closed today at 424.82, so it now has a green candle and a higher close than Friday's close (which was 424.6). It also continues to trade above the daily 9 MA (around $421.6), which is a bullish continuation.

$Apple(AAPL)$ Apple is the only Magnificent 7 stock up this morning intraday, even with bad news.

All the same positive drivers for $Apple(AAPL)$  remain in place. This is the case even as the tech sector faces turmoil and the S&P nears correction territory. With $Microsoft(MSFT)$  and $Meta Platforms, Inc.(META)$  now deeply in a downturn, off more than 30% from their highs, it seems Apple is poised once again to lead the group of major tech stocks.

Without looking too deeply into the numbers, is there a simple statistic that differentiates $Apple(AAPL)$  from the rest of the big cap companies? $Apple(AAPL)$  consistently uses 80% of its FCF on buybacks of its stock. Me? I like that.

The Wall Street Journal states that $Apple(AAPL)$ 's AI bet appears to be the winner, as AI on Device is the future.

$Microsoft(MSFT)$  The core business remains strong, but the market is watching AI spend very closely.

$Microsoft(MSFT)$ Even Jensen Huang states the software selloff is illogical.

$Microsoft(MSFT)$ In my view, it's safe to say the rally back up has officially begun.

A run-up can occur rapidly and intensely once the narrative improves. More money can be made from $Microsoft(MSFT)$  returning to its average PE ratio than from $Alphabet(GOOG)$  inflating its PE ratio further.

New iPhone coming. $Apple(AAPL)$  does 'cool' better than anyone.