Chasing Apple Shares Higher Here “Is Extremely Dangerous”
Greed is responsible for much sorrow. The Bible says in 1 Timothy 6:10, “the love of money is the root of all kinds of evil.” But is greed only about money? No. Greed goes much further than money… What is greed exactly then?…
Apple Hits $3 Trillion Market Cap After Spending More than Half a Trillion Dollars on Stock Buybacks Since 2013
By Pam Martens and Russ Martens: July 3, 2023 ~ According to S&P Dow Jones Indices, component companies of the Standard & Poor’s 500 spent $922.7 billion in 2022 buying back their own stock. That was $41 billion more than the…
Apple Is Now Bigger Than The Entire US Energy Sector; Disney Is Bigger Than Europe’s Top 5 Banks
Something fascinating took place on January 3: on that day AAPL slashed its revenue guidance, blamed China, and triggered a cascade of flash crashes across various carry currency pairs. More importantly, that day also saw the lowest stock print for AAPL…