Everything Janet is saying comes back to that.
up on the news
Unfortunately it isn't helping the stock price. I think there is worry as to whether Ex-Im Bank funding will continue. Until this is resolved, its a big fricken overhang on the stock. I don't know any other reason for the downtrend.
Morgan Stanley this time. Hopefully we can breakout of this range to the next level. That open interest on the 130 calls has been problematic imo!
It apparently doesn't take much to rustle Carolyn's feathers. There's always appears to be someone on every board that feels they need to be the board monitor! Her scolding is mindless!
Amazes me how badly this stock performs in comparison to some others. eeeerrrr NFLX seems to come to mind! Irrational exuberance seems to exist everywhere but Apple! lol
When it does decide to breakout maybe prior to WWDC it should be awesome. Something is holding this back.
This may be why stock price is under pressure today. Expectations were for a June launch! Always some type of delay with Apple. Let's hope they get it right!
...NEW YORK (Reuters) - Economists cut their forecasts for U.S. economic growth in the second quarter and full year, and trimmed expectations for U.S. labor market gains.
Economists see the economy growing at an annual rate of 2.5 percent in the current quarter, according to the Philadelphia Federal Reserve's quarterly survey of 44 forecasters, released on Friday. In last quarter's survey, released in February, growth for this quarter was forecast at 3.0 percent.
Third-quarter 2015 growth was forecast at 3.1 percent, up from an estimate of 2.8 percent in February's survey, though full-year growth for 2015 was forecast at 2.4 percent, down from the previous estimate of 3.2 percent.