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An Economic Slowdown; Disney Earnings, Buffett Cuts Apple Stake By 13%, Uber Earnings
Article By:
Greg Feirman
Monday, May 6, 2024 9:23 AM EDT
The S&P surged 64 points (1.26%) on Friday to 5,128 – right up to its 50 DMA (5,130). The S&P continues to trade in a range (4950 – 5250) defined by its recent high on Friday March 28 and low on Friday April 19.
Stock Rally As Powell Sparks A Buying Frenzy
Article By:
Lance Roberts
Monday, May 6, 2024 9:09 AM EDT
The latest FOMC meeting caused a stock rally as Jerome Powell turned more “dovish” than expected. While Powell did note that progress on inflation has been lackluster, the announcement of the reversal of “Quantitative Tightening” excited the bulls.
Market Briefing For Monday, May 6, 2024
Article By:
Gene Inger
Monday, May 6, 2024 3:30 AM EDT
So prospects for a Fed rate-cut are enhanced by 'mediocre or bad' news on Jobs and Manufacturing fronts. Not a lot; but helps as at least it's not particularly more inflationary; and not a bad backdrop.
Apple Could Take A 50% Bite Out Of Intel's Business In 2021: Report
Then again #Intel could take a 50% bite out of #Apple's Mac business when they flood the market with faster chips at half the price....like the good old days. $AAPL,$ INTC
Buy Apple Stock Before It Unleashes This "Next Big Thing"
What "next big thing?" #Apple just takes other people's ideas and makes them better. They never come up with anything novel on their own. $AAPL
A Brutal Week For Stocks May Grow Worse As The Short Squeeze Continues
I don’t see this having as big an impact on $WMT but definitely $AAPL and $FB 🤷🏼♀️
Citi Would Look To Add To Qualcomm Positions, Calls Apple Report 'No Biggie'
I read all of #Apple accounts for 10% of #Qualcomm revenues. And @QCOMM is adding new customers. And that’s IF Apple can make it successfully? I see no big deal no matter what happens. Now or later. If qcom gets more into China. With the 5G, That would be huge. They sell many more phones, and they’re not Apple’s. $AAPL $QCOMM
Apple Stock Falls Flat After Raft Of Product Announcements
Surprised people aren't more excited about these new Apple announcements. $AAPL
Time To Sell Apple Stock? Apple Stock Split Update
But why would the author recommend to sell $AAPL right before the product launches for Apple watch, ipad, and iPhone 12?
Warning Signs Of A Top
Ridiculous. After he writes about the Nation’s inflation and the Federal Reserve’s policy he writes...
“For example, several times this week I heard from customers who wanted buy shares in $TSLA and $AAPL and simply couldn’t afford to buy a share because their prices were too inflated.
Fortunately, these great companies are attempting to keep inflation under control by reducing the price of their shares by 1/7 and ¼ respectively.”
What?
Apple Price Target Raised To $520 From $431 At Morgan Stanley
That news might be impressive if it were from at least 1 month ago, but given that $AAPL has been above $431 for almost a month and today was with $5 of their new higher forecast, its a bit of a DUH forecast.
Did Buffett Just Bet Against The US? Berkshire Buys Barrick Gold, Dumps Goldman
This is the problem with the flawed human condition. Everyone wants fear and BS pushed more than they want simple facts.
Buffet holds 80B+ in $AAPL, 50B+ in financials, buys back billions in $BRK-B stocks and the only head line click bait shit is.....
"Is Buffett betting against the US"....
Because hey buys 600Mil in #GOLD??? Serious!!!! Honestly this stuff should be illegal and people should pay penalties/fines for doing it.
This is why humans fail!!!
Did Buffett Just Bet Against The US? Berkshire Buys Barrick Gold, Dumps Goldman
#Buffett didn't bet against US..... Buffett holds most of his $$ in $AAPL and another $50 BILLION in Financials.
Yet his tiny $ buy in GOLD has everyone thinking he is long GOLD and not real assets. Its a dumb $$ hedge in the $GLD world. EVERYONE has a gold hedge, whoopie shit.
He bought more of his own damn shares BACK!!! $BRK.A