September 7, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

iPhone Ban Expanded

Please click here for a chart of Apple stock (AAPL).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of AAPL stock is being used because AAPL stock is having a disproportionate impact on the stock market.
• The chart shows the initial drop in AAPL stock on China banning iPhone use by government workers. Please see yesterday’s Afternoon Capsule and individual signals on Apple in ZYX Buy.
• The chart shows AAPL stock falling farther as China expands the iPhone ban to other agencies and state owned enterprises.