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aussiebear

World Stock Markets Trading Discussion - Grudging gains

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6 minutes ago, sandy beach said:

Low volume day lacking conviction. And to boot the $RUT didn't tackle the 200-week average. Hopefully the adults will get back from vacation soon so we can get this party started again.

If this goes on like that I gonna have a look into Sports Betting soon. Betcha even the Inonesian Soccer League is less rigged than Wall Street.

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End of Day......Miracle Save again......

Same bad joke......

and as a stick in the eye bonus

yields crammed lower, again.......

TYX < 3%

 

 

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Apple: "While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China,"

They want a trade deal. Sales are good in the USA and service and wearable revenue is booming. But sales of iPhone in China are not doing well.

 

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I thought this was funny back in May:

Harvard Endowment Goes All-In on Apple, Microsoft and Google: The university’s endowment took on new stakes in Apple Inc., Microsoft Corp. and Google’s parent Alphabet Inc. in the first quarter, and they now account for more than two-thirds of the publicly traded American securities

https://www.bloomberg.com/news/articles/2018-05-11/harvard-endowment-goes-all-in-on-apple-microsoft-and-google

They did sell some in Nov:

https://www.barrons.com/articles/harvard-sold-apple-stock-and-dodged-a-bullet-1542369600

 

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