INVESTORS WAKE UP TO CHINA RISK AS APPLE IPHONE BAN EXPANDED
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.
September 7, 2023