Don’t Be Surprised If Apple’s Divergence From The S&P 500 Triggers A 10% Correction

MicroStockHub/iStock via Getty Images By Andrew Prochnow It may not seem like it right now, but the stock market historically moves up and down. Due to that historical reality, it’s likely the stock will enter a 10% correction at some point in 2024. This is especially true given that 2024 is a presidential election year, which can be more volatile than an “average” trading year. So far in 2024, the S&P 500 is up 8%, but since bottoming last October, it’s actually up nearly 25% in just four months. Last October, the S&P 500 bottomed out around 4,100, and today…