Sun, 6 January 2019
THE MYTH BUSTER 06/10/2018: "AT ITS' CORE THE APPLE IS ROTTEN"-- PROOF? APPLE HAS LOST $463 BILLION IN MARKET CAP IN 90 DAYS!
The focus of our FEATURE today is the spectacular collapse of Apple's stock price in the past 90 days. Last summer when Apple, Inc and analysts were boasting about the Company achieving a trillion dollars in market cap and was the world's largest enterprise, THE MYTH BUSTER boldly declared that "The Core of the Apple was Rotten" and contrary to its' public persona a black cloud was on the horizon. On 08/05 2018 TMB asked "HOW WAS APPLE ABLE TO REACH ONE TRILLION IN MARKET CAP?"(Taken from a Wall St Journal article dated August 2). This article reinforced our position taken in June. We absorbed considerable heat from Apple supporters who said TMB was "nuts" and more defamatory comments. Apple's hubris and arrogance has opened the door to an investigation of its' market practices and statements to the media and analysts. Other topics include: "Jobs Data, Fed Shift Boost Markets", A V correction?, 2 Yr & 10 Yr T-Notes come together, The World's growing debt, Helicopter money, US consumer debt hit $4 trillion and no fear, New product for 1st time home buyers, Car sales, Trump's exit strategy, Sweet-talking mother f...... and Crypto currency revival?