These kinda guys kill me. The dude gives Apple a $150 price target and now that the stock has weakened on technicals he says he'd wait til $110 or $109 before adding shares! Sheesh! Really?
I hate this time of year in the markets. Big boys are in the Hamptons, usually thin float and lots of huge market swings. Market focus on negatives like the ISM number and totally overlooking great news from auto sales and semi conductors today. SIA announced best second quarter ever for semi conductors today but CNBC hasn't made a peep about it. Sadly we are again manipulated by bad news from China, Puerto Rico, Greece. Pessimism is alive and well on Wall Street!
Anything this current administration can do to make us let competitive with other countries, they'll do.
GM will just move its production overseas just like everyone else to avoid the union rhetoric.