China, which was an afterthought for Apple once-upon-a-time, has become the company’s second biggest market. In the second fiscal quarter, Apple generated $7.9 billion of revenues from China. This amount was more than three times the revenues a year earlier. As a reference, Apple’s total revenues were $39.2 billion. A large number
We are short from $55.57. In three days the stock is at $52.46. This profit should be protected here by either taking a partial gain or putting a stop on partial quantity at $52.76. Stop on the remaining quantity is at $53.16
The sizzle in Yum Brands (YUM) is overdone. We are now short from $55.57. Enthusiasm on China is not justified based on a forward look. Buying Yum here is like driving looking only in the rear view mirror. The stock is up over $4.00 after the