🇺🇸 The 5% Treasury yield is testing Apple. $AAPL dropped toward $315 earlier this month before recovering toward $336. But the bigger story is the 10-year Treasury yield crossing 5%. Higher yields make expensive growth stocks harder to justify. I’d wait, not short. I want to see AAPL hold around $330 while yields stabilize and iPhone demand stays strong. The biggest risk? Higher yields + weaker iPhone demand + Apple's premium valuation. @Apple doesn't need bad fundamentals to fall. Sometimes the alternative is simply a 5% Treasury yield. @officialmudrex