Apple

Hedge Funds Pile Into Just Six Tech Stocks

With an average gain of 26% , it’s hard to overstate the influence of just six stocks on the U.S. stock market in the first quarter: Facebook Inc., Apple Inc., Amazon.com Inc., Microsoft Corp., Alphabet Inc. and Netflix Inc.

Trader Admits Sad Truth - "There's Little Upside To Believing Anything Nowadays"

If central bankers hope that investors will start to exhibit sensible behavior, consistent with their fiduciary duties, they need to start speaking their minds. And if that causes markets to back up, so be it. No one believes they aren’t in complete thrall to financial conditions. They are going to have to prove it isn’t the case. So far there’s no indication they have the stomach for it.

3 Reasons Why James Comey Should Have Been Fired A Long Time Ago

If these three very important moments of irresponsibility and rights violations weren’t enough to prompt Obama to put an end to Comey’s career as the head of the FBI, then why not let him go now – even if over something else entirely?

Goldman Boosts Apple Price Target, Expects New iPhone To Cost $1,000

"Ahead of the upcoming iPhone 8 product cycle in the fall, we take a look at the potential implications for Apple’s P&L from what we expect to be the first $1,000 iPhone. With this report, we introduce (1) a detailed iPhone model by SKU, (2) an iPhone ASP analysis, and (3) a gross margin analysis for FY18 (September)."

Nasdaq's "Big 5" Stocks Near $3 Trillion Market Cap

Since President Trump was elected - much to the heart-crushing chagrin of the billionaire class in Silicon Valley and its epic funding of Hillary - the big 5 stocks of the Nasdaq (Alphabet, Amazon, Apple, Facebook, and Microsoft) have gained a stunning $675 billion in market cap. This pushes them near $3 trillion and well over 10% of the entire US equity market...

Global Markets Thrown For A Loop After Comey's Shocking Sacking

“There is no doubt that Trump is dominating proceedings this morning after the sacking of Comey. This is a political story rather than a market story, but yet again it creates uncertainty in the market, which leaves everything the president does with a cloud floating over it" said James Hughes of GKFX.

Crushed Vol Boosts Dollar, Commodities; Futures Flat

Asian stocks declined, while European stocks rose to the highest since 2015, led by a rebound in commodities and basic resource stocks. U.S. stock-index futures were little changed at 2,395 - just shy of all time highs - as investors focused on corporate earnings after the French election, while the VIX hovered near its lowest level since 1993.

Bill Blain: "What's Going On In Equity Markets Should Serve As Something Of A Warning"

Most of the recent gains have been concentrated in a very small number of the mega-cap tech stocks – Apple, Google, Facebook and Amazon. Despite the absence of any real selling pressure (yet!), the rest of stocks are struggling to keep up the momentum. A handful of mega-cap stocks are masking underlying weakness. Near 1/3 of the rest of the SPX are in bear phase.