
STOCKS JUMP ON 100% SEMICONDUCTOR TARIFFS – APPLE, NVIDIA, AMD, AND MICRON BENEFIT, BUYING ON TALKS WITH RUSSIA
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Paper Tiger Tariffs
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 to illustrate the point.
- The chart shows the run up in AAPL stock yesterday on the news of Apple investing an additional $100B in domestic manufacturing, bringing the total commitment to $600B.
- The chart shows the move up yesterday was on heavier volume, indicating conviction.
- The chart shows the additional jump up in the after market when President Trump indicated an exemption for Apple from the semiconductor tariffs.