adobe tanking !
Apple did not participate in this rally as predicted !
this is good action !
sil is unchanged HL is up !
ADBE YUM LOOK !!!
hmmm an article says BA heavily dependent on China see yahoo stories under BA..
What do you make of this ?
look if you don;t beleive me I dare you (YUM)
or drawing thing ?
MCD went up up up on just talk talk talk !
lets see what they do this quarter
YUM look if you dare too !
on slashed forecast !
YUM look I dare you !
as they disappoint because smart phones are rapidly becoming commodities with no difference between them and apple counts on the iphone for about 70% of it;s revenues as well as being very dependent on China for growth and lastly I think Samsung has finally surpassed or at least caught up with them...
Lets see what they say this quarter...
Yes the markets are hugely overpriced now with contracting revenues and gaap earnings and there is so much money sloshing around looking for a place to make money and that beaten down place is gold and silver miners as well as physical. It is also insurance against a possible central bank fiasco/meltdown which is becoming more and more likely to occur as they try more exotic schemes to prop the markets and enrich the 1%, wall st banks and well connected..
I should have said resistance levels not support levels but clearly silver is hugely undervalued and has a long ride up to go. If you see YUM stock today (owner of KFC and Taco Bell) you will see the common man is tapped out and retail sales are going to go negative that will of course lead to more money printing and stimulus and this time I don't think they will be able to stop silver and gold from rising..
course is the ultimate driver for HL but based on what YUM said (yum owns taco bell and kfc) last night (look at the stock if you dare(YUM) there is a big slowdown going on and more stimulus will soon be on the table...
Thats why hl and other miners are jumping as the pros always beat the little guy in (and out)..
you are not seeing reality if you don't see this. A comparison of iphone 6s and samsung shows samsung the winner in most categories this is in addition to saturation of the smartphone market !
People in the US tend to think everyone is the same as they are wealth wise !
NOTHING could be further from the truth in CHINA
a very large population and a very small number of people with decent wealth and incomes
In actuality apple probably already sold all the low hanging fruit to the welathiest of them there and now is going to shock the retail investors here when they lower guidance n the next quarter. If you look at the anectotal evidence it's quite clear I am not the only one thinking this way to say nothing about the competiton in china itself where iphones are in 3rd place....