THE DOG OF THE FAANGS STRATEGY MADE APPLE A WINNER $AAPL $NFLX $AMZN $FB $GOOG $GOOGL
All you have to look at are the comments made by most analysts about two to three weeks ago; it becomes obvious that most were not expecting the strong move in Apple’s AAPL stock.
When I wrote that the next milestone for Apple stock would be $250, the shares were trading at $197.75. Since then the stock has risen by about $20. My call was not met with enthusiasm. Many were expecting the stock to pull back after earnings. Others sold shares on the news that Apple had reached a $1 trillion valuation.
Defensive measures for those who had just bought the stock and had small gains were needed because of a credible report out of China that Apple could become a pawn in the trade war.… Please click here or the title below to read more.
August 21, 2018