To gain an edge, this is what you need to know now.
Apple News
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- The chart shows that the market ran up in the morning. The market ran up on four factors:
- Weaker dollar
- Buying in Europe
- Good bank earnings
- Bullish weekend pronouncements by momo gurus
- The chart shows when Apple (AAPL) news hit. AAPL will slow down hiring in some teams. To any astute observer, the news from AAPL should not have been a surprise. Consumers bought new iPhones and new Macs during the pandemic.