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In this video, Ira Epstein discusses the significant downturn in the stock market on February 12, 2026, highlighting a notable drop in Apple (AAPL) shares despite the company not being directly involved in AI software issues. He explains that Apple's decline was influenced by congressional scrutiny and delays in AI chip programming.
Epstein also touches on geopolitical tensions, referencing President Trump's remarks about Iran, and notes the market's reaction with increased bids in bonds and notes due to the stock market's volatility.
He concludes by analyzing technical indicators, pointing out the market's bearish trend with lower highs and lows, and suggests that the Nasdaq is experiencing similar patterns.
Video Length: 00:07:44
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