Apple Hits $1 Trillion!
The NASDAQ and the S&P 500 ended up, riding the wave of Apple’s astronomic rise. The Dow, which is price-weighted, as opposed to weighted by market cap, ended negligibly off, without benefitting from the sheer strength of the iPhone maker. Hitting $1...S&P 500 & Dow Lower, Apple Carries NASDAQ!
U.S. stocks, overall, didn’t fare all that well, the Fed signaling determination to hike rates in its next FOMC monetary policy meeting. With trade war fears rampant – Trump upping the ante yet again – it was only the NASDAQ that came out unscathed, bucking the...Apple Heads to $1 Trillion!
If the numbers of Facebook (FB) and Twitter (TWTR) were sheer disappointments, their stocks getting clobbered in turn, Apple (AAPL) was the antidote. Apple, now a little over 40 years old, is closing in on $1 trillion, a market cap once thought beyond the reach of...FANG Stocks Derail Markets!
FANG has been the name of the game for some time now – put your money in Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Google (GOOGL), and you’ll come out ok. That, though, seems set to change now, with the grouping falling yesterday after two of its...Swing Trading Weekly Review – July 29th.
Swing Trading Weekly Review – July 29th.: The S&P 500 ended last week with a 0.6% gain. Amazon’s quarterly earnings reports came strong, but on the other hand, Facebook lost $100 billion- the biggest loss in stock market history. Although the market...Looking for a New Safe Haven!
Since closing above the 2,800 point level 2-weeks ago, if the S&P 500’s ability to maintain the 2,800 point level was questionable back then, that’s all the more the case now. After Facebook (FB) plummeted 20% this past week in just one trading day...
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