Apple stock's 12-day momentum triggers sell signal not seen since 2020

Apple is showing rare short-term outperformance versus the broader market, with its 12-day rate of change versus SPY rising to about 17%. A market strategist says this kind of momentum has only occurred once since 2017, during the 2020 tech rally, and historically has marked a near-term exhaustion point for AAPL. The article frames the move as a possible profit-rotation signal rather than a fresh bullish catalyst. Year to date, Apple is up about 22% versus roughly 9% for SPY, underscoring the strength of the rally. The commentary suggests investors may want to take profits or rotate into other names, while Wall Street still broadly rates Apple a Buy.